16 announcement that it entered into a triple-net lease agreement with Cherokee Nation Businesses, the operator of Gold Strike Casino Resort, in Tunica, Mississippi. Investors were not as concerned about rising inflation impacting VICI Properties as they were with some other REITs.Īnother positive was VICI Properties’ Feb. One reason VICI Properties has performed relatively well despite the rising interest rates of the past year is that over 40% of its leases have 2% to 3% annual lease escalators for inflation. VICI Properties’ portfolio consists of 49 gaming facilities, with 59,300 hotel rooms and over 450 restaurants, bars, nightclubs and sports books. The initial public offering (IPO) was held on Feb. In sum, the Gold Strike Casino Resort offers a convenient Tunica location with comfortable accommodations and an entertaining casino environment.VICI Properties, which formed as a REIT in 2017, was a spinoff from Caesars Entertainment Operating Company as part of a Chapter 11 reorganization. While the hotel offers ample entertainment, it is also conveniently located near local attractions such as the Tunica National Golf Course, the Queen Riverboat, and Tunica’s RiverPark. An onsite café, Pickle and Jam, serves up made-to-order sandwiches, pizzas and salads 24 hours a day.
The Atrium Café offers traditional American fare and is open on Friday and Saturday nights until 3 a.m. Guests are invited to dine at one of the four restaurants on property, including fine-dining options Buffet Americana and Chicago Steakhouse. Guests can choose from non-smoking or smoking rooms, with queen or king beds. A relaxing indoor pool and fitness center are also available for guests over the age of 18.Įach of Gold Strike’s 1133 guestrooms offers complimentary Wi-Fi access, flat-screen TVs with movies-to-order, irons and ironing boards, coffee/tea makers, and daily housekeeping. Guests seeking for a more relaxing experience will enjoy Gold Strike’s Golden Reflections Spa, offering massages, body treatments, and manicures and pedicures.
The STAGE2 nightclub provides an all night party with live music and cocktail service. In addition, the hotel’s Millennium Theater hosts concerts and other entertainment shows for guests to enjoy year-round.
An MGM Resort located in Tunica, Mississippi, Gold Strike Casino Resort provides guests comfortable accommodation, easy access to its on-site casino, and endless entertainment.Īs the name suggests, Gold Strike’s premier amenity is its 50,000 square foot casino with slot machines, table games, and a full-service gaming experience.
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