- Of all the Tunica Casinos, Bally's is the best for real comfortable fun! Check for Hotel Discounts and free buffet when you join the Bonanza players' club. Bally's Tunica is the perfect choice for a relaxing vacation or overnight stay, Our hotel has an outdoor pool, free coffee & is just 30-minutes from Memphis.
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- Horseshoe Casino Tunica Mississippi
- Bally S Casino In Tunica Mississippi
- Bally's Casino Tunica Mississippi
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| 1st Jackpot Casino Tunica | |
|---|---|
| Location | Tunica Resorts, Mississippi |
| Address | 1450 Jackpot Blvd, Robinsonville, MS 38664 |
| Opening date | 1995; 25 years ago |
| Total gaming space | 46,535 sq ft (4,323.2 m2) |
| Casino type | Riverboat casino |
| Owner | Gaming & Leisure Properties |
| Operating license holder | Penn National Gaming |
| Previous names | Bally's |
| Website | 1stjackpot.com |
1st Jackpot Casino Tunica (formerly Bally's) is a casino and former hotel in Tunica Resorts, Mississippi. It is owned by Gaming & Leisure Properties and operated by Penn National Gaming. The casino has 46,535 square feet (4,323.2 m2) of gaming space, with 899 slot machines and 16 table games.[1]
History[edit]
Bally's Saloon & Gambling Hall was originally opened on December 6, 1993 at Mhoon Landing by Bally Manufacturing.[2][3]
In 1994, Lady Luck Gaming opened its Olympia Hotel in Robinsonville, an area 10 miles north of Mhoon Landing which had emerged as a prime casino site because of its closer proximity to Memphis.[4] Lady Luck began construction of a casino to accompany the hotel, but suspended it later that year because of financial difficulties.[5]
In February 1995, Bally and Lady Luck entered into a joint venture agreement, under which Bally would close its casino and move the barge upriver to dock at Lady Luck's hotel.[4] Bally would own 58 percent of the combined venture and manage it, with Lady Luck and a local partner owning the rest.[4][6] Bally's at Mhoon Landing closed on February 9.[4] The casino reopened at its new location in Robinsonville (now Tunica Resorts) on December 18, 1995.[7]
Hilton Hotels acquired Bally in 1996 and then purchased Lady Luck's share of Bally's Tunica in 1997 for $15 million.[8] Hilton's gaming division, including Bally's, was spun off in 1998 as Park Place Entertainment, later renamed as Caesars Entertainment.
In 2004, Harrah's Entertainment agreed to purchase Caesars.[9] The deal provoked antitrust concerns in some markets, including Tunica, where the combined company would own 5 out of the 9 casinos in the area.[10] To ensure approval of the merger, Harrah's and Caesars agreed to sell four casinos, including Bally's Tunica and Harrah's Mardi Gras, to Colony Capital.[11] The sale was completed in April 2005.[12] The casino continued using the Bally's name under a licensing agreement. The two properties became part of Resorts International Holdings, a newly formed affiliate of Colony Capital.[13]
In 2011, facing a threat of foreclosure, Resorts International Holdings agreed to hand over ownership of Bally's Tunica and Resorts Tunica (formerly Harrah's) to lenders.[14] Foundation Gaming Group, a company based in Gulfport, was retained to manage the two properties.[15]
In January, 2014, RIH Acquisitions MS II assumed the management of Bally's Tunica and Resorts Tunica.
Horseshoe Casino Tunica Mississippi
In May 2017, Bally's and Resorts Tunica were sold in a joint deal, with Gaming & Leisure Properties acquiring their real estate assets for a total of $83 million, and Penn National purchasing the operating assets for a total of $44 million.[16][17] The casino was renamed in September 2017 to 1st Jackpot Casino Tunica.[18] The hotel was later demolished.[19]
See also[edit]
Bally S Casino In Tunica Mississippi
References[edit]
- ^Monthly Survey Information (Property Data)(PDF) (Report). Mississippi Gaming Commission. September 2017. Retrieved 2017-10-29.
- ^Laurel Campbell (December 7, 1993). 'Adjacent casinos open in Tunica'. The Commercial Appeal. Memphis, TN – via NewsBank.
- ^'Bally's licensed to open in Tunica'. The Commercial Appeal. Memphis, TN. AP. December 4, 1993 – via NewsBank.
- ^ abcdMichelle Hillier (February 10, 1995). 'Bally's Casino to try luck closer to Memphis'. Arkansas Democrat-Gazette. Little Rock, AR – via NewsBank.
- ^Mike Hughlett (August 26, 1994). 'Casino company halts projects in Mississippi'. The Times-Picayune. New Orleans, LA – via NewsBank.
- ^'The Ticker - Lady Luck'. Chicago Sun-Times. February 10, 1995 – via NewsBank.
- ^Michelle Hillier (December 22, 1995). 'Bally's rolls upriver, reopens casino closer to Memphis crowds'. Arkansas Democrat-Gazette. Little Rock, AR – via NewsBank.
- ^'Lady Luck sells interest in Bally's'. The Advocate. Baton Rouge, LA. AP. November 7, 1997 – via NewsBank.
- ^Suzette Parmley (July 16, 2004). 'Harrah's plans to acquire Caesars'. Philadelphia Inquirer – via NewsBank.
- ^Oliver Staley (September 1, 2004). 'Casinos to be sold in merger'. The Commercial Appeal. Memphis, TN – via NewsBank.
- ^Oliver Staley (September 28, 2004). '2 Tunica casinos are sold'. The Commercial Appeal. Memphis, TN – via NewsBank.
- ^Michelle L. Quinn (April 27, 2005). 'Few changes as Resorts takes over at E.C. casino'. Post-Tribune. Gary, IN – via NewsBank.
- ^'Company creates casino division, names COO'. Las Vegas Sun. July 11, 2005. Retrieved 2017-10-30.
- ^Wayne Parry (November 4, 2011). 'Deal keeps struggling casino out of foreclosure'. The Star-Ledger. Newark, NJ – via NewsBank.
- ^'Firms chosen to run 2 casinos'. Huntsville Times. November 19, 2011 – via NewsBank.
- ^Form 10-Q: Quarterly Report (Report). Gaming & Leisure Properties. May 3, 2017. p. 8 – via EDGAR.
- ^Form 10-Q: Quarterly Report (Report). Penn National Gaming. May 3, 2017. p. 23 – via EDGAR.
- ^'Facebook - 1st Jackpot Casino Tunica'. September 11, 2017. Retrieved 2017-10-29.
- ^https://wreg.com/2017/10/30/ballys-hotel-in-tunica-demolished/
External links[edit]
Coordinates: 34°50′44″N90°19′21″W / 34.845441°N 90.322486°W
Some of the property's highlights include: free entertainment on weekend evenings, low-minimum table games, good inexpensive dining and accomodations, and a laid-back friendly environment.
LOCATION
Bally's is located on Bally's Blvd, which is near Tunica's Casino Center (home to Gold Strike, Horseshoe, and the Tunica Roadhouse Casino).
OWNERSHIP
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Bally's is operated by Resorts International, which is also responsible for Resorts Tunica, as well as the Las Vegas Hilton, Atlantic City Hilton, and Resorts Atlantic City.
Hotel @ Bally's Tunica
Bally's 240-room hotel is located approximately 1/4 mile from the casino. A free shuttle runs around the clock. Standard room amenities are quite good: coffee maker, fridge, hair dryer, and whirlpool tub.The hotel also has an outdoor swimming pool with hot tub and sun deck.
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Ballys Casino Tunica
Bally's casino has a rustic farm theme, wide aisles, and a casual friendly attitude. There are 40 table games, slot machines, and a variety of video poker games.
Dining @ Ballys Tunica
Bally's has three restaurants, including a buffet:
Cornucopia Buffet - Serves breakfast, lunch, dinner, and Sunday brunch. Cooking stations include: Asian, Tex-Mex, Pasta, Dessert Bar, and others.
The Barn Restaurant - Casual steakhouse. Open for dinner. Specializes in steaks, BBQ ribs and chicken. The menu also includes fish, seafood, and some down home favorites served with southern sides.
Silo Eatery - Snack bar inside the silo, open 24-hours a day. Menu includes pizza, burgers, submarine sandwiches and wraps ($6-8), ice cream, breakfast favorites, etc.
ENTERTAINMENT
The Saloon - Free live music on weekend nights.
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Bally's Casino Tunica Mississippi
