Bally's Vicksburg is a

riverboat casino A riverboat casino is a type of casino on a riverboat found in several states in the United States with frontage on the Mississippi River and its tributaries, or along the Gulf Coast. Several states authorized this type of casino in order to en ...

and hotel in

Vicksburg, Mississippi Vicksburg is a historic city in Warren County, Mississippi, United States. It is the county seat, and the population at the 2010 census was 23,856. Located on a high bluff on the east bank of the Mississippi River across from Louisiana, Vic ...

. It is owned and operated by

Bally's Corporation Bally's Corporation is a gaming, betting, and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 15 casinos across ten states, a horse track in Colorado, and online sports betting operations in 14 st ...

. It has of gaming space and 89 hotel rooms.

History

The project was initiated by the Rainbow Casino Corporation (RCC), made up of John A. Barrett and Leigh Seippel.

Hospitality Franchise Systems Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New Yo ...

agreed to provide $7.5 million in financing, and to franchise a hotel at the property under its

Days Inn Days Inn is a hotel chain headquartered in the United States. It was founded in 1970 by Cecil B. Day, who opened the first location in Tybee Island, Georgia. The brand is now a part of the Wyndham Hotels and Resorts, headquartered in Parsippan ...

brand.

Six Flags Six Flags Entertainment Corporation is an American amusement park corporation, headquartered in Arlington, Texas. It has properties in Canada, Mexico, and the United States. Six Flags owns the most theme parks and waterparks combined of any amu ...

agreed to build a 10-acre theme park named Pennants. United Gaming (later known as Alliance Gaming, and then Bally Technologies) signed on to manage the casino. The Rainbow Casino opened on July 12, 1994, with 574 slot machines and 28 table games. United Gaming took a 45 percent ownership stake on the day it opened. It took a controlling stake the following year, after RCC failed to finance elements of the casino that it was responsible for. The hotel, owned by AmeriHost, opened in May 1995, and the company called it "the most upscale Days Inn anywhere". It was rebranded as an AmeriHost Inn by 2000, and in 2002 it was sold to AmeriHost's former chairman, Michael P. Holtz. The theme park, renamed as Funtricity Entertainment Park, also opened in May 1995. Six Flags designed it as the flagship in a new chain of entertainment centers, targeted at markets too small to support a full-size park; within two years, though, the concept was reportedly put on hold. The park closed in 1998, and Alliance bought the site for $500,000 and adapted its main building for use as a concert venue. A casino expansion was completed in 1999, increasing the number of slot machines from 725 to over 1,000. In 1999, United Gaming put the property, along with its other casino in Nevada, on the market, to help pay down corporate debts, but no satisfactory offers were received. Bally put the Rainbow back on the market in 2006. In 2010, a sale was finally made to

Isle of Capri Casinos Isle of Capri Casinos, Inc. was a gaming company headquartered in Creve Coeur, Missouri in Greater St. Louis which operated casinos and associated entertainment and lodging facilities in the United States. It operated 15 casinos in seven states ...

for $80 million. Isle of Capri rebranded the property under its Lady Luck name in November 2012. In March 2018,

Eldorado Resorts Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporat ...

(which had acquired Isle of Capri Casinos in 2017) agreed to sell the property to Churchill Downs Inc., owner of the neighboring Riverwalk Casino, for $51 million. The sale was canceled, however, as a result of inquiries from antitrust regulators. In July 2019, Eldorado agreed instead to sell the property to

Twin River Worldwide Holdings Bally's Corporation is a gaming, betting, and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 15 casinos across ten states, a horse track in Colorado, and online sports betting operations in 14 st ...

, along with the

Isle of Capri Casino Kansas City Bally's Kansas City is a riverboat casino in Kansas City, Missouri. It is owned and operated by Bally's Corporation. History In 1996, Hilton Hotels opened the casino as the Hilton Flamingo. The casino is located near, but not on, the Missouri ...

, for a total of $230 million. The deal was made to help finance Eldorado's pending acquisition of

Caesars Entertainment Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corpora ...

. The sale to Twin River closed in July 2020, and the property was renamed as Casino Vicksburg. Twin River then purchased the Bally's casino brand from

, changed its own name to Bally's Corporation, and announced plans to rebrand most of its casinos. As part of this rebranding, Casino Vicksburg became Bally's Vicksburg in August 2021.

References

External links

* Casinos in Mississippi Hotels in Mississippi Buildings and structures in Vicksburg, Mississippi Tourist attractions in Warren County, Mississippi Casinos completed in 1994 1994 establishments in Mississippi Casino hotels {{Coord, 32.294313, -90.914736, display=title

History

See also

References

External links