This property advises that enhanced cleaning and guest safety measures are currently in place. Cash is not accepted. For guests' safety, the property includes a smoke detector in each accommodation. This property accepts Visa, Mastercard, American Express, Discover, JCB International, and Union Pay. The provision of housing is linked to their trade, business, or profession. Gold strike tunica hotel reservations professional#This property is managed by a professional host. Special requests can't be guaranteed and may incur additional charges. Special requests are subject to availability at the time of check-in. If requested, safekeeping of properly registered firearms can be arranged.Ĭharges for extra guests may apply and vary according to property policy.Ī credit card for incidental charges and government-issued photo identification may be required upon check-in. Housekeeping is provided daily.įirearms are not permitted on the premises of this property, including within hotel rooms. Refrigerators, change of towels, and change of bedsheets can be requested. Additionally, rooms include irons/ironing boards and blackout drapes/curtains. Business-friendly amenities include desks and phones. Bathrooms include shower/tub combinations, complimentary toiletries, and hair dryers. LCD televisions come with satellite channels and pay movies. These individually decorated and furnished accommodations have separate sitting areas. Took over operations of The Cosmopolitan Las Vegas for $1.Gold Strike Casino Resort offers 1133 air-conditioned accommodations with safes and coffee/tea makers.Sold operations of the Mirage in Las Vegas to Hard Rock International for $1.07 billion.MGM has made several operational moves this year. “We appreciate VICI, as the real estate owner of Gold Strike, working constructively with CNE to facilitate a new lease agreement.” The company expects gross proceeds to be roughly $350 million after taxes and fees. Halkyard said such expenditures would go toward opportunities to enhance the customer experience at other locations. Jonathan Halkyard, CFO and Treasurer, MGM Resorts International, said the outcome allows MGM to reprioritize future capital expenditures. “Strategically, though, we decided to narrow our focus in Mississippi to a single resort, Beau Rivage and dedicate more of our time and resources to continuing to drive success there.” MGM Resorts CEO Bill Hornbuckle said, although Gold Strike is a great property, the company plans to focus primarily on its Biloxi casino. “Some of these larger tribes, such as the Seminoles, Cherokees, San Manuel Band of Mission Indians (which acquired the Palms Las Vegas), Chickasaw Nation (from Oklahoma), and (Poarch Band of Creek Indians from Alabama that operate Wind Creek Bethlehem), can take that next step from an operational standpoint beyond their reservation to look at commercial assets,” Bussman said. The casino is also just over 20 miles from Memphis, Tennessee.īrendan Bussmann, the managing partner of B Global, said the deal shows Native American tribes are looking to expand beyond the boundaries of their reservations. Gold Strike has 50,000 square feet of casino gaming space and over 1,100 hotel rooms. 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. In a statement, Chuck Garrett, chief executive officer of Cherokee Nation Business, had this to say: The company employs roughly 11,000 people and owns several businesses, including: The Cherokee Nation is the largest Indian nation in the US. Expanding Cherokee Nation casino footprint off reservation Gold Strike Tunica, located near the Arkansas border, is owned and operated by MGM Resorts International. With the sale, MGM will rework its lease agreement with VICI Properties to reduce its annual rent by $40 million. The deal will allow the tribe to enter the Mississippi commercial gaming market. Cherokee Nation Entertainment Gaming Holdings is buying the operation rights to Gold Strike Tunica for $450 million in cash.
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