Gold Strike Casino Resort reveals its $4 million high limit room renovation. The Gold Strike Casino Resort revealed its $4 million high limit room today in Tunica, Miss.
Gold Strike Casino cut the ribbon for the renovation today at 11:00 a.m. in the hotel lobby.
The room includes a 7, 000 square foot gaming area, cocktail service, VIP lounge, and exclusive cage and credit services.
“Today’s grand opening of the new High Limit gaming area is the latest milestone in Gold Strike’s ongoing investment in the Mid-South market,” said Gold Strike General Manager Max Fisher. “We have an unwavering commitment to improving the guest experience, and this luxurious new space combines modern technology with casual elegance and comfort.”
The new high-limit room was designed by hospitality design from DEZMOTIF Studios with partnerships from RDH and MGM Resorts International Design Group.
Kelly Akosua Kena, Principal at DEZMOTIF Studios, said, “All the interior lighting utilizes energy-efficient LED lighting and the low profile lighting fixtures create glowing lines in the ceilings, highlighting the geometry of the design and delineating the different gaming pits below. The character of the space is timeless and defined by its use of clean lines and the rich materials used to combine for an impressive visual impact.”
The room includes a 7, 000 square foot gaming area Caesars Sportsbook & Casino, cocktail service, VIP lounge, and exclusive cage and credit services.
It also has five zones of slot machines and three pits, and the High Limits gaming area offers 111 high limit slot machines and nine table games with two Baccarat tables.
The submission period for new concessions in the special administrative region (SAR) closed today. Just hours before the deadline arrived, a woman representing an entity known as GMM delivered a proposal to the group tasked with evaluating bids for Macau gaming licenses.
The woman, identified only as Mrs. Chen, confirmed GMM is tied to Genting Malaysia, naming Chairman and CEO Lim Kok Thay as the leader of the gaming company’s surprise Macau effort.
On the other hand, it can be argued that Genting entering the Macau competition isn’t surprising. That’s because the Chinese territory is the obvious omission from the company’s sprawling Asia gaming portfolio, which includes Resorts World Genting in Malaysia and Resorts World Sentosa, which is one of two integrated resorts in Singapore.
Parent company Genting Bhd. also owns several US casinos, including Resorts World Las Vegas, the newest, most expensive property on the Strip.
How Genting Could Enter Macau
Exactly how Genting can pull off a Macau license remains to be seen. Regulators there aren’t signaling any willingness to expand beyond six concessions. It’s also not clear that they’re willing to yank an established operator’s license.
If that is the course of action Macau authorities pursue — and there are no signs that will happen — it could make the three concessionaires with ties to US parents vulnerable, owing to frosty geopolitical relations between the US and China.
Those operators are MGM China, Sands China, and Wynn Macau. To be clear, Macau authorities haven’t overtly said any of the six current concessionaires are in danger of losing their permits.
That leaves acquiring an established Macau operator. Genting has the financial resources to do that, but it’s also a matter of finding a willing seller. Galaxy and Sands China – the SAR’s two largest operators – are unlikely sellers. Neither Melco, MGM China, nor Wynn Macau are positioned as targets. That leaves SJM Holdings, which is the most financially flimsy of the Macau operators. But it hasn’t said it’s for sale, and Genting hasn’t said it’s looking at dealmaking as an avenue for Macau entry.