Mystic Lake Casino Hotel

What Mystic Lake Casino Hotel does

Mystic Lake Casino Hotel, operated by the SMSC Gaming Enterprise of the Shakopee Mdewakanton Sioux Community, is a full-service integrated resort located at 2400 Mystic Lake Blvd, Prior Lake, Minnesota. Founded in 1992 and operating 24/7 with 501-1000 employees, the property combines a gaming floor (slots, table games, bingo, poker) with hotel accommodations, multiple dining venues (Mystic Steakhouse, Minnehaha Café, Hop House sports bar), the Spa at Mystic Lake, The Meadows golf course, and the 70,000+ sq. ft. Mystic Lake Center meetings facility. The property is connected to its sister casino Little Six via the Mystic Connector shuttle and operates under the unified Club M loyalty program.

The resort's technology stack centers on the Club M loyalty platform, supported by two consumer mobile apps: the Mystic Lake app for bookings, show tickets, slot finder, and Club M account management, and the Mystic Slots free-to-play social casino app. Payment infrastructure includes the Global Payments VIP Preferred card for check cashing services. Entertainment is anchored by the indoor Mystic Showroom and the new 19,000-capacity outdoor Mystic Lake Amphitheater operated under a Live Nation partnership, with 40+ shows scheduled in its inaugural season.

Mystic Lake generates revenue across seven streams: gaming/casino operations, hotel accommodations, food and beverage, entertainment and events, spa and golf, gift shop retail, and gift cards. Distribution is fully direct-to-consumer via property walk-ins, the website, mobile apps, phone reservations, the Mystic Express shuttle to Mall of America, and organized bus group packages targeting regional tours and Twin Cities day-trippers. Customer segments span casino gamers, hotel guests, entertainment seekers, motorcoach tour groups, and dining guests, with no wholesale or third-party reseller model.

Name

Mystic Lake Casino Hotel

Legal name

SMSC Gaming Enterprise

Website

https://mysticlake.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Mystic Lake Casino Hotel is a tribally owned, full-service integrated resort in Prior Lake, Minnesota, operated by the Shakopee Mdewakanton Sioux Community. It serves Twin Cities and Midwest consumers with gaming, hotel, dining, spa, golf, meetings, and Live Nation concert entertainment.

Ownership category

akta.pro rank

Product category

Casino & Resort Hospitality

NAICS

Casino Hotels (721120), Gambling Industries (7132)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Integrated Casino Resorts (THAGAJAA)

akta.pro secondary industries

Integrated Casino Resorts (Casino + Hotel/Entertainment) (MPAEAAAA), Resort Convention Hotels (THAGALAC)

Keywords

• Casino gaming resort
• Hotel accommodations
• Live entertainment venue
• Restaurant dining
• Loyalty rewards program

Headquarters

HQ city

Prior Lake

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain, Others

Revenue model

1. Gaming/Casino Operations: Core casino gaming revenue from slot machines, table games, bingo, and related gaming activities. Players use Club M cards for tracking play and earning rewards.
2. Hotel Accommodations: Hotel room revenue from overnight stays, with various room types and packages. Complimentary rooms available after 25 fully paid nights for loyalty members.
3. Food and Beverage: Restaurant dining revenue from multiple venues including Mystic Steakhouse, Minnehaha Cafe, Hop House sports bar, and other dining options.
4. Entertainment and Events: Ticket revenue from concerts and shows at Mystic Showroom and the new Mystic Lake Amphitheater. Over 40 shows in inaugural amphitheater season.
5. Spa and Golf Services: The Spa at Mystic Lake offers massages, body treatments, facials, and waxing services. Golf services available at The Meadows golf course.
6. Gift Shop Retail: Retail merchandise including Swarovski crystals, designer handbags, apparel, jewelry, and accessories.
7. Gift Cards: Mystic Lake/Little Six gift cards sold for use at hotel, spa, box office, restaurants, bingo and gift shop.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Mystic Lake Casino Hotel is a full-service resort destination operated by SMSC Gaming Enterprise (Shakopee Mdewakanton Sioux Community) that sells casino gaming (slots, table games, bingo, poker), hotel accommodations, on-site dining, entertainment, spa, golf, retail, and meeting/event space to individual consumers. The integrated resort combines a gaming floor, hotel tower, branded restaurants, two entertainment venues, The Meadows golf course, a 70,000-sq. ft. meeting facility, and a 24/7 gift shop, supported by the Club M loyalty program and dedicated mobile applications.

Product overview

Mystic Lake Casino Hotel is a full-service resort destination operated by the Shakopee Mdewakanton Sioux Community. The property features a casino floor with slots, table games, bingo, and poker, paired with hotel accommodations. The resort offers diverse dining through branded restaurants including Mystic Steakhouse, Minnehaha Café, and Hop House sports bar. Entertainment venues include the new 19,000-person Mystic Lake Amphitheater (Live Nation), the Mystic Showroom for concerts and comedy, plus meeting space at Mystic Lake Center. The loyalty ecosystem centers on Club M with companion mobile apps (Mystic Lake App and Mystic Slots social casino app), while transportation includes shuttles to Mall of America and bus group packages.

Differentiator

Problem solved

Functional benefit

Brands

• Club M: Loyalty rewards program for casino guests
• Mystic Slots
• Mystic Steakhouse
• Minnehaha Cafe
• Hop House
• The Spa at Mystic Lake
• Mystic Lake Gift Shop
• Mystic Lake Amphitheater
• Mystic Showroom

Products and services

• Mystic Lake Casino Full-service casino offering nonstop gaming action including slot machines, table games, bingo, and poker, with Club M loyalty tracking
• Mystic Lake Hotel Luxurious hotel accommodations with modern amenities, upscale guestrooms, and full-service resort amenities; one of the largest hotels in the Minneapolis–St. Paul area
• Mystic Lake Amphitheater 19,000-capacity Live Nation-operated outdoor concert venue in Shakopee, Minnesota, hosting major summer touring acts
• Mystic Showroom State-of-the-art indoor performance venue hosting country and pop performers, comedians, and Broadway musicals with advanced acoustics and comfortable seating
• The Spa at Mystic Lake Luxury spa offering massages, body treatments, facials, brows and waxing, and seasonal services
• Mystic Steakhouse Premier Twin Cities steakhouse offering prime beef, seafood, desserts, and an extensive boutique wine selection
• Minnehaha Café Classic all-American restaurant serving homestyle breakfasts and comfort food including the big mouth burger and hot turkey sandwich
• Hop House Sports bar featuring 20+ beers on tap, state-of-the-art sports screens, a live music stage, VIP bottle-service areas, and a mezzanine overlooking entertainment areas
• Mystic Lake Gift Shop 24/7 retail gift shop near the hotel lobby offering exclusive seasonal apparel, designer handbags from Tory Burch, Gucci, Dior, Kate Spade, Coach, Swarovski crystals, jewelry, and unique gifts
• Mystic Lake Center 70,000+ sq. ft. meeting and convention facility with 130,000+ sq. ft. of dedicated meeting space and 30 versatile meeting rooms for events of all sizes
• Golf at Mystic Lake (The Meadows) On-site golf course facility at The Meadows, available as part of the resort experience
• Mystic Slots App Free-to-play social casino mobile game featuring slots, video poker, blackjack, keno, and bingo with 100+ casino classics from Konami, Everi, and Aruze, including Vikings-themed games; loyalty points redeemable for hotel stays, dining credits, and real-world rewards

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• Live NationcoreStrategic or Co-development Partner · 19 August 2025Live Nation operates the Mystic Lake Amphitheater, a 19,000-person outdoor concert venue. The partnership positions the property as a major summer concert destination in Minnesota with over 40 shows in the inaugural season featuring acts including Dave Matthews Band, MGK, and the Guess Who.
• Global Payments (VIP Preferred)supportingTechnology or IntegrationGlobal Payments provides the VIP Preferred card system for check cashing services at the casino. Guests enroll with a photo ID and blank check to receive a VIP Preferred card enabling fast check cashing with a 10-day revolving limit.
• Little Six CasinocoreStrategic or Co-development PartnerLittle Six is the sister casino property also owned by SMSC Gaming Enterprise. Connected via the Mystic Connector free shuttle service. Combined properties offer enhanced rewards and broader gaming options under unified Club M loyalty program.
• Mall of AmericasupportingGTM or Marketing PartnerMystic Express shuttle route connects the casino property with Mall of America, creating a tourism circuit. A Mystic Lake store is also located at Mall of America selling merchandise.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Seminole Hard Rock Hotel & Casino (Tampa / Hollywood): Large tribal-owned integrated resort with hotel, casino, F&B and major live entertainment venues; serves as a directional benchmark for tribal-owned resort economics and entertainment-led positioning.
• Mohegan Sun: Major tribal integrated casino resort in Connecticut operated by Mohegan Tribal Gaming Authority; comparable in operating structure (tribal-owned, integrated casino/hotel/entertainment) and useful benchmark for an enterprise of Mystic Lake's structural class.
• MGM National Harbor: Large integrated casino resort near Washington, D.C.; benchmarks full-service resort operations — casino, hotel, F&B, entertainment, convention space — comparable to Mystic Lake's integrated resort model at much larger scale.

Direct peers

• Running Aces Harness Park: Twin Cities-area harness racing and card room operator; competes for local gaming and entertainment dollars with Mystic Lake despite a narrower gaming product mix.
• Treasure Island Resort & Casino: A Minnesota tribal casino resort (Prairie Island Indian Community) in Red Wing; the closest direct competitor to Mystic Lake in the Twin Cities/Wisconsin border regional gaming market, offering casino, hotel, marina and entertainment.
• Grand Casino Hinckley: Minnesota tribal casino hotel near Hinckley run by Mille Lacs Band of Ojibwe; directly comparable integrated resort with casino, hotel, multiple F&B outlets, RV park and event/entertainment programming.
• Grand Casino Mille Lacs: Mille Lacs Band of Ojibwe property; another direct Minnesota tribal casino resort competitor with similar gaming, hotel and live-event programming competing for the same regional guest base.
• Seven Clans Casino – Thief River Falls: Minnesota tribal casino operated by the Red Lake Nation; comparable regional tribal casino operator capturing a portion of the same Upper Midwest gaming demand Mystic Lake targets.

Regional players

• Ho-Chunk Gaming Wisconsin Dells: Tribal casino resort serving southern Wisconsin/Midwest drive market; comparable in operating scope (gaming, hotel, dining, entertainment) for a regional tribal resort adjacent to Mystic Lake's upper Midwest footprint.

Emerging players

• Canterbury Park: Minnesota horse racing and card room venue in Shakopee — same local market as Mystic Lake — offering racing, simulcast, and table games as a competing entertainment destination.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mysticlake

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mystic Lake Casino Hotel