Penn National Gaming to buy Tunica casinos
Penn National Gaming of Wyomissing will acquire Bally’s Casino Tunica and Resorts Casino Tunica for U$S44 million next June.
US.- Penn National Gaming of Wyomissing, Pennsylvania will buy both Bally’s Casino Tunica and Resorts Casino Tunica for US$44 million in a purchase that is expected to close by next June, pending Gaming Commission approval. The two casinos were handed over to creditors after declaring bankruptcy.
Timothy Wilmott, Penn National CEO, said that it will centrally manage three Tunica County casinos as the company already owns the Hollywood Casino Tunica, in addition to other two venues. Wilmott declared that they will make some “modest” improvements and will instrument the company’s guest loyalty program in their soon to be bought casinos.
There are about a thousand employees between the three Tunica County casinos, according to the data provided by the Mississippi Gaming Commission. In Bally there are 947 slot machines and 16 table games but the complex doesn’t have an hotel. Resorts, on the other hand, provides a 201-room one and has 800 slot machines and 9 table games in its gaming area.
The three casinos have about 1,000 employees, according to Mississippi Gaming Commission data. Bally’s has 947 slot machines and 16 table games, but no hotel. Resorts have 800 slot machines, 9 table games and a 201-room hotel.
