![]() After exploring all viable alternatives, we are left with the difficult decision to close the business. “While we did everything in our control to keep the property profitable over the last two years, increased competition from recent gaming expansion in Arkansas continues to drive the property’s business volumes lower. “With our acquisition of Resorts Casino as part of the two property deal, we knew we were acquiring an aging barge in need of significant capital improvements,” said Al Britton, Penn National Sr. In addition, Penn National operates Hollywood Casino Tunica, located adjacent to Resorts Casino. pursuant to the terms of the Company’s existing Master Lease with GLPI. Penn National leases the underlying real property associated with the two casinos from Gaming and Leisure Properties, Inc. Penn National acquired the operations of Resorts Casino Tunica, along with Bally’s Casino Tunica (later renamed “1st Jackpot”), in March 2017. announced Tuesday plans to close the Resorts Casino in Tunica, Mississippi effective June 30, subject to regulatory approvals. ![]() TUNICA, MS (WMC) - Penn National Gaming, Inc. ![]()
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