![]() ![]() The 40,000-square-foot Bally’s Casino Tunica features 947 slot machines, 16 table games, a steakhouse, buffet, 24-hour cafe and live entertainment venue, according to Penn. He added that Penn intends to make modest capital investments at the newly acquired casinos. “The acquisition will add two complementary casinos to our existing Hollywood Casino Tunica operations, thereby presenting Penn National with the opportunity to benefit from a centralized local management structure,” Penn National president and CEO Timothy J. Once completed, Penn will operate Bally’s and Resorts Tunica and lease the underlying property associated with the two businesses from Gaming and Leisure Properties Inc. The transaction, which is expected to close in the second quarter of 2017, still has to be approved by the Mississippi Gaming Commission. announced Tuesday, March 28, it has entered into a definitive agreement to acquire RIH Acquisitions MS I LLC and RIH Acquisitions MS II LLC – the holding companies for the two casinos – for about $44 million in cash. Seller: RIH Acquisitions MS I LLC and RIH Acquisitions MS II LLCĭetails: A Pennsylvania-based gaming company is planning to add to its Tunica-area holdings by buying the gaming operations of Bally’s Casino Tunica and Resorts Casino Tunica. ![]()
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