1st Jackpot Casino Tunica

Casino and former hotel in Tunica Resorts, Mississippi April 2025 1st Jackpot Casino Tunica 1450 Jackpot Blvd, Robinsonville, MS 38664 Tunica Resorts, Mississippi 1995 46535 sqft on Gaming and Leisure Properties Penn Entertainment Riverboat casino Bally's 1stjackpot.com 1st Jackpot Casino Tunica (formerly Bally's) is a casino and former hotel in Tunica Resorts, Mississippi. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. The casino has 46535 sqft of gaming space, with 899 slot machines and 16 table games.Monthly Survey Information (Property Data) Mississippi Gaming Commission September 2017 http://www.msgamingcommission.com/files/quarterly_reports/MRpt9Y17-Property.pdf 2017-10-29 History Bally's Saloon & Gambling Hall was originally opened on December 6, 1993, at Mhoon Landing by Bally Manufacturing.Adjacent casinos open in Tunica The Commercial Appeal Memphis, TN Laurel Campbell December 7, 1993 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0EAF9473A387B282&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBankBally's licensed to open in Tunica The Commercial Appeal Memphis, TN AP December 4, 1993 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0EAF9473195D5F8B&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank 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.Bally's Casino to try luck closer to Memphis Arkansas Democrat-Gazette Little Rock, AR Michelle Hillier February 10, 1995 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F13D5EE7E8DB21A80&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank Lady Luck began construction of a casino to accompany the hotel, but suspended it later that year because of financial difficulties.Casino company halts projects in Mississippi The Times-Picayune New Orleans, LA Mike Hughlett August 26, 1994 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0FA806125B43B57F&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank 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. Bally would own 58 percent of the combined venture and manage it, with Lady Luck and a local partner owning the rest.The Ticker - Lady Luck Chicago Sun-Times February 10, 1995 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0EB4221016D2901A&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank Bally's at Mhoon Landing closed on February 9. The casino reopened at its new location in Robinsonville (now Tunica Resorts) on December 18, 1995.Bally's rolls upriver, reopens casino closer to Memphis crowds Arkansas Democrat-Gazette Little Rock, AR Michelle Hillier December 22, 1995 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F13D5F091A4B097E8&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank Hilton Hotels acquired Bally in 1996 and then purchased Lady Luck's share of Bally's Tunica in 1997 for $15 million.Lady Luck sells interest in Bally's The Advocate Baton Rouge, LA AP November 7, 1997 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0EB4787D909EADA6&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank 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.Harrah's plans to acquire Caesars The Philadelphia Inquirer Suzette Parmley July 16, 2004 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F103E25A459E485F3&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank 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.Casinos to be sold in merger The Commercial Appeal Memphis, TN Oliver Staley September 1, 2004 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F104D934A6BE0E084&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank 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.2 Tunica casinos are sold The Commercial Appeal Memphis, TN Oliver Staley September 28, 2004 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F1056701F06EA6A82&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank The sale was completed in April 2005.Few changes as Resorts takes over at E.C. casino Post-Tribune Gary, IN Michelle L. Quinn April 27, 2005 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F109E3E43EB613426&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank 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.Company creates casino division, names COO Las Vegas Sun July 11, 2005 https://lasvegassun.com/news/2005/jul/11/company-creates-casino-division-names-coo/ 2017-10-30 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.Deal keeps struggling casino out of foreclosure The Star-Ledger Newark, NJ Wayne Parry November 4, 2011 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F13AD08930A900678&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank Foundation Gaming Group, a company based in Gulfport, was retained to manage the two properties.Firms chosen to run 2 casinos Huntsville Times November 19, 2011 http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F13B50981F4EF7BB0&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899 NewsBank In January 2014, RIH Acquisitions MS II assumed the management of Bally's Tunica and Resorts Tunica. 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 Gaming (now Penn Entertainment) purchasing the operating assets for a total of $44 million.Form 10-Q: Quarterly Report Gaming & Leisure Properties May 3, 2017 https://www.sec.gov/Archives/edgar/data/1575965/000157596517000022/glpi-2017331x10xq.htm 8 EDGARForm 10-Q: Quarterly Report Penn National Gaming May 3, 2017 23 https://www.sec.gov/Archives/edgar/data/921738/000155837017003399/penn-20170331x10q.htm EDGAR The casino was renamed in September 2017 to 1st Jackpot Casino Tunica.Facebook - 1st Jackpot Casino Tunica Facebook https://www.facebook.com/1stJackpotCasinoTunica/photos/a.643480395680399.1073741826.280589678636141/1771765952851832/ September 11, 2017 2017-10-29 The hotel was later demolished.https://wreg.com/2017/10/30/ballys-hotel-in-tunica-demolished/ Bally's Hotel in Tunica demolished 31 October 2017 See also List of casinos in Mississippi References External links http://www.1stjackpot.com/ 1st Jackpot Casino Tunica 34.845441 -90.322486 type:landmark_globe:earth_region:US-MS title Category:1995 establishments in Mississippi Category:Casinos in Tunica County, Mississippi Category:Casinos completed in 1995 Category:Defunct casino hotels In Mississippi