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Saratoga Casino Holdings to acquire Magnolia Bluffs Casino Hotel

18 April 2022

(PRESS RELEASE) -- Saratoga Casino Holdings LLC., owner of both Saratoga Casino Hotel in Saratoga Springs, NY and Saratoga Casino Black Hawk in Black Hawk, CO, announced that they have entered into a definitive agreement with Casino Holding Investment Partners, LLC to acquire Magnolia Bluffs Casino in Natchez, MS subject to regulatory approvals and other customary closing conditions.

“We are proud to add Magnolia Bluffs Casino Hotel to our portfolio of gaming assets and further diversify our business,” said Sam Gerrity, Chief Executive Officer of SCH. “We are committed to operating first class gaming facilities, and we do that by creating lasting relationships with our guests, team members and the communities that we serve. We look forward to welcoming Magnolia Bluffs guests and team to the Saratoga family.”

Located on the Mississippi River, Magnolia Bluffs Casino Hotel opened in 2012 and features over 450 slot machines, 14 table games, restaurant and bar, sportsbook and a 141-room hotel located off-site in the heart of the city.

“While this was an extremely tough decision for our partnership, it will truly leave our team and valued customers in the best hands possible. Due to the long history we have here in Natchez, it was important for us to ensure we found the right company that has the same values and passion we do for the community and our team members here at Magnolia Bluffs Casino & Hotel. We are confident the team at Saratoga will care just as much as we have for the community we’ve operated in for the last 11 years as well as our team members and local businesses that have made such a tremendous impact on our operation through the years,” said Kevin Preston, Partner and President of Magnolia Bluffs Casino & Hotel.

SCH owns and operates Saratoga Casino Hotel, in Saratoga Springs, NY featuring over 1,200 slots, electronic table games, a live entertainment venue, a variety of dining options and bars, live harness racing, and simulcast wagering. SHRI also owns and operates Saratoga Casino Black Hawk, located in the historic town of Black Hawk, CO featuring over 380 slot machines, 6 table games, a full-service restaurant, bar and a variety of guest services. SHRI is also a partner with Delaware North Companies in the operation of Gideon Putnam Resort and Roosevelt Baths in Saratoga Springs, NY.

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