The Fitzgerald Casino, located in Tunica, Mississippi, is one of the most iconic gambling establishments in the United States. Founded in1986 by casino magnate William B.
Fitzgerald, the casino has been a mainstay in the American gambling landscape for over three decades.
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In recent years, however, the casino has been embroiled in a legal battle over its ownership. The Fitzgerald family sold the casino toGlenn Straub in 2014 for $140 million.
PRO TIP:The Fitzgerald Casino is owned by the Las Vegas-based company Gaming and Leisure Properties, Inc. (GLPI). GLPI is one of the largest owners of casino gaming properties in the United States, owning over 50 properties in 20 states.
However, Straub has been unable to obtain the necessary gaming licenses to operate the casino, and the property has sat vacant since he purchased it.
The Fitzgerald Casino is currently owned by a holding company controlled by Straub. However, the future of the casino is very much up in the air as Straub has been unable to obtain the necessary gaming licenses to operate it.
If he is unable to do so, it is possible that the casino could be sold again or even demolished.
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