Saratoga Casino Holdings, LLC to Take Ownership of Magnolia Bluffs Casino Hotel
New General Manager Appointed to the Property
SARATOGA SPRINGS, New York (September 15, 2022) – Saratoga Casino Holdings, LLC (SCH), owner of both Saratoga Casino Hotel in Saratoga Springs, NY and Saratoga Casino Black Hawk in Black Hawk, CO, announced today that their subsidiary company, Magnolia Bluffs Casino, LLC has been issued a gaming license by the Mississippi Gaming Commission to operate the property in Natchez, MS. The closing date to complete the acquisition of the casino and hotel from Casino Holding Investment Partners, LLC (CHIP) is set for October 3, 2022.
“We are excited to add Magnolia Bluffs Casino Hotel team members to the Saratoga family,” said Sam Gerrity, Chief Executive Officer of SCH. “The acquisition of Magnolia Bluffs Casino Hotel will expand our portfolio of gaming assets and further diversify our business.”
In addition, Tim Morrissey, current General Manager of Saratoga Casino Black Hawk, will assume the position of General Manager of Magnolia Bluffs Casino Hotel effective immediately following the closing. Morrissey has over 12 years of gaming experience in the destination casino resort industry and brings knowledge in overall operations, database analysis and casino marketing to the position. Morrissey will oversee and manage all of the day-to-day operations at the property to ensure the company continues to prosper and remains an integral part of the Natchez community. Marcus Rohrbaugh, current Director of Operations at Saratoga Casino Black Hawk has been promoted to the General Manager of that property.
“I’m excited to join the Magnolia Bluffs team and become a member of the Natchez community,” said Tim Morrissey, incoming General Manager of Saratoga Casino Holdings, LLC’s newest addition. “I’m committed to operating a first-class gaming facility and building on the success of the current operations. It starts by creating relationships with our guests, team members and the communities that we serve – I’m ready to get started.”