![]() The Gold Strike opened in 1994 and is located 20 miles south of Memphis. This acquisition will enable us to better serve our mission of growing the Cherokee Nation’s economy, while also having a significant positive impact on the local economies we serve.” “We look forward to expanding our gaming and hospitality businesses as we execute on our strategic plan to grow our footprint outside of the Cherokee Nation Reservation. ![]() We appreciate VICI, as the real estate owner of Gold Strike, working constructively with CNE to facilitate a new lease agreement.”Ĭhuck Garrett, chief executive officer of Cherokee Nation Businesses, said in a statement: “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. Jonathan Halkyard, CFO and treasurer, MGM Resorts International added: 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.” Gold Strike is a wonderful property with a bright future ahead. “I want to thank all of our Gold Strike employees who have consistently delivered world-class gaming and entertainment experiences to our guests. ![]() Speaking of the deal, MGM Resorts International CEO and president Bill Hornbuckle said: ![]() The deal is set to be finalized in the first half of 2023 subject to the required regulatory approvals and closing conditions.įollowing the deal, the Cherokee Nation will own or operate 11 casinos including the Hard Rock Hotel & Casino Tulsa along with a horse-racing track, three resort-hotels, three golf courses, and other retail operations. Gold Strike features a 31-story resort with more than 1,100 rooms and suites as well as a 50,000-square-foot gaming area that includes more than 1,100 slots and 60 table games.MGM Resorts International has announced that it is selling the operating rights to Gold Strike Hotel & Casino in Tunica, Mississippi to Cherokee Nation Entertainment Gaming Holdings in a deal that is worth $450 million (€424.7 million). Not only does the BetMGM app allow for in-game betting, but bets can also be conveniently placed from anywhere on the casino floor including BetMGM Book Bar & Grill.” Tennessee users who have become accustomed to using BetMGM can use it on property at Gold Strike. MGM Southeast Region Senior Vice President of Marketing and Operations Brandon Dardeau said, “Sports fans now have a seamless betting experience. The casino is approximately a 40 minute drive from Memphis and many of its guests are Tennessee residents.īy launching a mobile app at Gold Strike, BetMGM is strengthening its presence in the southeast region, where it already operates in Tennessee’s exclusively mobile market. Gold Strike is located along the Mississippi River near the Tennessee/Mississippi border. “Sports fans at MGM’s world-class Tunica resort can now use their mobile devices to engage with the teams they love, while earning rewards for their gameplay.” “We’ve had great success with the opening of the BetMGM Book Bar & Grill at Gold Strike and are thrilled to complement our retail offering with the launch of the BetMGM mobile app in Mississippi,” said BetMGM CEO Adam Greenblatt. Mississippi’s sports betting rules limit mobile wagering to on-premise at casinos. The app is accessible to guests on-premise at Gold Strike to place pre-game, live in-play, futures and parlay wagers from any mobile device. Launch of mobile sports betting app expands BetMGM’s presence in Southeast.īetMGM has launched its mobile sports betting app at Gold Strike Casino Resort in Tunica, Mississippi.
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