Hollywood Casino Tunica Explained

Hollywood Casino Tunica
Coordinates:34.8125°N -90.4175°W
Location:Tunica Resorts, Mississippi
Address:1150 Casino Strip Resort Blvd
Theme:Art Deco
Rooms:494
Space Gaming:54000square feet
Notable Restaurants:Epic Buffet
Fairbanks Steakhouse
Celebrity Grill
Casino Type:Riverboat casino
Owner:Gaming and Leisure Properties
License Holder:Penn Entertainment
Names Pre:Summit Casino (in planning)

Hollywood Casino Tunica is a casino and hotel located in Tunica Resorts, Mississippi.

History

Casinos were brought to Tunica County, Mississippi in the early 1990s as a revenue stream to improve the conditions at the time. At one point, Tunica County held the distinction of being the poorest county in the United States.[1] The casinos in general brought in a host of jobs and revenue to the area, and had risen to become one of the larger gaming markets in the country at one time.[2]

The Hollywood Casino began under the name Summit Casino, originally one of four planned for the Commerce Landing area of Tunica. While under construction, Hollywood Casino Corp. bought the casino project from Summit Casinos International for $15 million.[3] At the time, Hollywood Casino Corp. owned the Sands Atlantic City and had opened a riverboat casino in Aurora, Illinois, the Hollywood Casino Aurora, the year before. Hollywood opened in Tunica on August 8, 1994, becoming the ninth casino in Tunica and joining Sam's Town, Southern Belle, and Harrah's at the Commerce Landing section of Tunica.[4]

In 2003, Penn National Gaming (now Penn Entertainment) purchased the Dallas-based Hollywood Casino Corp. for $328 million.[5] Penn National kept the Hollywood branding, and has since used the Hollywood name extensively in other casino developments.

In 2017, the neighboring Resorts casino (formerly Southern Belle) as well as Bally's (now the 1st Jackpot Casino Tunica) were sold to Penn National Gaming. Penn National closed the Resorts property in July 2019 due to declining revenues, but still operates the 1st Jackpot casino.

Property information

Hollywood Casino Tunica has 54000square feet of gaming space with over 1,000 slot machines, 20 table games, and a sports book. A 494-room hotel and a 123-space RV park are also on the property. There are three restaurants: Epic Buffet, Fairbanks Steakhouse, and the Celebrity Grill. Also, The Stage Bar hosts live music. There is also an event venue and ballroom available.

See also

Notes and References

  1. Web site: Dirt-poor town grows bumper crop of casinos . Harrison . Eric . October 6, 1994 . Los Angeles Times . November 19, 2019 .
  2. Web site: Tunica, Miss., Lays Big Bet on the Casino Industry . Sparks . Glen R. . January 1, 2007 . Regional Economist . November 19, 2019 .
  3. Web site: New player antes up for Tunica casino . Campbell . Laurel . January 7, 1994 . NewsBank . The Commercial Appeal . November 19, 2019 .
  4. Web site: Hollywood crowd big at casino's premiere . Campbell . Laurel . August 9, 1994 . NewsBank . The Commercial Appeal . November 19, 2019 .
  5. Web site: Penn completes Hollywood Casino Buy . March 4, 2003 . Dallas Business Journal . November 19, 2019 .