Ownership History
Grand Casino Tunica's original owner was Grand Casinos, Inc., headed by Lyle Berman, a pioneer in developing resort-style casinos on Native American reservations and in Mississippi.
In 1998, Berman and Grand Casinos, Inc., sold their Tunica, and Biloxi, Mississippi resorts to the gaming division of Hilton Hotels, with the combined assets being spun off to create a new corporation called Park Place Entertainment (later renamed Caesars Entertainment).
In 2005, Caesars Entertainment was acquired by Harrah's Entertainment, which converted back to the Caesars Entertainment name in 2010. In the Tunica market, Caesars also operates Horseshoe Casino Tunica and Tunica Roadhouse Casino & Hotel (formerly Sheraton). The three properties share management and player marketing operations.
Read more about this topic: Harrah's Casino Tunica
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