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MGM Resorts to sell Mississippi casino for $450m

10th June 2022 10:36 am GMT
MGM Resorts
Playtech

New York-listed casino operator MGM Resorts has reached an agreement to sell its Mississippi-based casino property Gold Strike Tunica.

MGM will sell the casino to Cherokee Nation Entertainment Gaming Holdings (CNE), a subsidiary of Cherokee Nation Businesses, for $450m in cash.

“I want to thank all of our Gold Strike employees who have consistently delivered world-class gaming and entertainment experiences to our guests,” said MGM Resorts CEO and president Bill Hornbuckle. “Gold Strike is a wonderful property with [...]

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