Decoding the Ownership of Palace Casino Biloxi: A Deep Dive into its History and Current Proprietors

Palace Casino Biloxi, a prominent gambling destination in Biloxi, Mississippi, has long been a staple in the gaming industry. Over the years, the casino has seen several ownership changes, each contributing to its evolution. This article delves into the fascinating history of Palace Casino Biloxi, tracing its ownership from its inception to the present day.

Palace Casino Biloxi: A Brief Overview

Established in 1992, Palace Casino Biloxi quickly became a favorite among locals and tourists alike. The casino, known for its luxurious amenities and diverse gaming options, has played a significant role in the growth of the Biloxi gaming scene. Over the years, it has undergone several expansions, including the addition of a hotel and a spa.

The Original Ownership

When Palace Casino Biloxi first opened its doors, it was owned by a group of local entrepreneurs. This group, led by the late William Gary "Bubba" Walls, had a vision to create a world-class gaming destination in Biloxi. Under their leadership, the casino flourished, becoming one of the most popular gambling spots in the region.

Walls and his partners were committed to providing a top-notch gaming experience for their customers. They invested heavily in the casino's facilities, ensuring that it was equipped with the latest gaming machines and amenities. Their dedication to excellence paid off, as Palace Casino Biloxi quickly gained a reputation for its luxurious atmosphere and high-quality service.

The Shift to Station Casinos

In 2002, Palace Casino Biloxi underwent a significant ownership change. The casino was acquired by Station Casinos, a Las Vegas-based gaming company. This new ownership brought with it a wealth of experience and resources, enabling Palace Casino Biloxi to continue its growth and expansion.

Under Station Casinos' management, the casino experienced a series of upgrades and renovations. The hotel, which was initially a simple structure, was transformed into a luxurious accommodation with a variety of room types and amenities. The spa also received a facelift, offering guests a relaxing retreat amidst the hustle and bustle of the casino floor.

The Current Ownership

In 2015, Palace Casino Biloxi changed hands once again. This time, the casino was acquired by Penn National Gaming, a Pennsylvania-based gaming company. Penn National Gaming is known for its expansive portfolio of gaming properties, including casinos, racetracks, and horse racing facilities.

Since taking over, Penn National Gaming has continued to invest in Palace Casino Biloxi, ensuring that it remains a premier gaming destination in the region. The casino has undergone several renovations, including the addition of new gaming machines, restaurants, and entertainment options.

The Future of Palace Casino Biloxi

As the gaming industry continues to evolve, Palace Casino Biloxi is well-positioned to adapt to the changing landscape. With a strong foundation and a commitment to excellence, the casino is poised to remain a leader in the gaming industry for years to come.

Questions and Answers:

1. Question: How many times has Palace Casino Biloxi changed ownership?

Answer: Palace Casino Biloxi has changed ownership three times since its inception in 1992.

2. Question: Who was the original owner of Palace Casino Biloxi?

Answer: The original owner of Palace Casino Biloxi was a group of local entrepreneurs, led by the late William Gary "Bubba" Walls.

3. Question: What changes were made to Palace Casino Biloxi under Station Casinos' management?

Answer: Under Station Casinos' management, Palace Casino Biloxi experienced several upgrades and renovations, including the transformation of the hotel and the addition of a spa.

4. Question: What is the current ownership of Palace Casino Biloxi?

Answer: The current owner of Palace Casino Biloxi is Penn National Gaming, a Pennsylvania-based gaming company.

5. Question: How has Palace Casino Biloxi adapted to the changing gaming industry?

Answer: Palace Casino Biloxi has adapted to the changing gaming industry by undergoing several renovations, including the addition of new gaming machines, restaurants, and entertainment options, ensuring that it remains a premier gaming destination in the region.