Strategically, though, we decided to narrow our focus in Mississippi to a single resort – Beau Rivage – and dedicate more of our time and resources towards continuing to drive success at that leading, world-class resort and casino. Jonathan Halkyard, CFO & Treasurer, MGM Resorts International, said: 'This is a great outcome for the company as we are able to reprioritize future capital expenditures toward opportunities that will enhance the customer experience at our other locations.'Īlong the same lines, Bill Hornbuckle, CEO & President, MGM Resorts International, said: “Gold Strike is a wonderful property with a bright future ahead. Gold Strike opened in 1994 and was acquired by MGM Resorts in 2005. Please have in mind that it is possible to bet from your phone while inside the sportsbook. Also, MGM stated that after taxes and legal fees they will earn around €332.8 million. The 32-story Gold Strike Tunica, which MGM has operated since the company purchased it in 2005, is one of two resorts the Las Vegas company owns in Mississippi. It is important to mention that in 2021 Gold Strike recorded net income of €77.1 million and an adjusted property EBITDA of €109 million.įollowing completion of the deal, MGM Resorts' lease with VICI Properties, which currently includes Gold Strike, will be reduced by €38 million. Vancouver, British Columbia-(Newsfile Corp. Gold Strike Casino Resort, MGM Resorts Internationals 1,200-room resort located 20 minutes south of Memphis in Tunica, Miss., recently completed the largest renovation and remodeling project in.

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