Palace Casinos, Inc.

What Palace Casinos, Inc. does

Palace Casinos, Inc. operates Palace Casino Resort, a single-asset, smoke-free casino hotel located at 158 Howard Ave in Biloxi, Mississippi, targeting adults 21+ in the Mississippi Gulf Coast regional market. The property combines casino gaming, hotel accommodations, multiple dining venues, spa, and a partnered golf experience into a single integrated resort offering. Its gaming floor features slot machines across penny-to-$25 denominations, live and electronic table games (Blackjack, Craps, Roulette, 3 Card Poker, Pai Gow, King's Stud), sports betting via the CONTACT Sports & Race Book facility with over 50 HDTVs, and Mississippi Lottery ticket sales. The hotel includes Standard, Deluxe, View, Jetted Tub, and Accessible room categories, with no resort fees as an explicit differentiator. Seven F&B venues span fine dining (Mignon's Steaks & Seafood), lounges, a buffet, casual grills, a poolside bar, and the sports book. Ancillary amenities include PURE The Palace Spa and a Golf & Hotel package affiliation with The Preserve Golf Club, a Golf Digest and Golfweek 'Best New' course.

Revenue is generated through seven discrete streams: casino gaming (transaction-fee across slots, tables, and sports), hotel accommodations, food and beverage across the seven venues, golf package revenue via The Preserve partnership, spa services, lottery ticket commissions, and the Players Club loyalty program that drives repeat play through points, multipliers, and promotional entries. The go-to-market is direct-to-consumer via palacecasinoresort.com, phone reservations (1-800-PALACE-9), walk-in traffic, and a dedicated group sales team handling bookings of 10+ rooms for corporate and group events. Marketing channels include email newsletter, SMS alerts, Twitter (@palacebiloxi), and an extensive on-property promotional calendar (progressive giveaways, kiosk games, slots tournaments, table game drawings). The company is privately held with no disclosed ownership, investors, funding history, or parent entity. Regulatory exposure is governed by the Mississippi Gaming Commission, including participation in the state's self-exclusion program.

The competitive positioning rests on being Biloxi's only smoke-free casino, supported by a redesigned slot floor with greater spacing between players, a no-resort-fees hotel pricing stance, and a portfolio of dining and amenity awards (OpenTable Diners' Choice, TripAdvisor Travelers' Choice 2024, Best of Gaming 2024, Best of Coastal Mississippi 2024-2026, WXXV Viewer's Choice 2024). No AI/ML capabilities, patents, or external technology integrations are disclosed; the technology stack is conventional for the regional casino industry.

Name

Palace Casinos, Inc.

Legal name

Palace Casino Resort

Website

https://palacecasinoresort.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Palace Casinos, Inc. operates Palace Casino Resort, a smoke-free casino hotel in Biloxi, Mississippi, serving adult gaming guests and Mississippi Gulf Coast tourists with slots, table games, sports betting, hotel rooms, seven dining venues, spa, and an affiliated golf club.

Ownership category

akta.pro rank

Product category

Casino Resort Hospitality

NAICS

Casino Hotels (721120), Casino Hotels (72112)

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 industry

Destination Casino Hotels (THAGAJAC)

Keywords

• Casino resort operations
• Casino gaming services
• Hotel accommodations
• Sports betting venue
• Resort dining and spa

Headquarters

HQ city

Biloxi

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Casino Gaming Operations: Core gaming revenue from slot machines (penny to $25 denominations), table games (Blackjack, Craps, Roulette, 3 Card Poker, Pai Gow, King's Stud, Blackjack Bonus=3), and electronic table games. Includes sports betting via CONTACT Sports & Race Book.
2. Hotel Accommodations: Room revenue from various room types including Standard King/Queen, Deluxe King/Queen, View rooms with Back Bay views, Jetted Tub rooms, and Accessible rooms. No resort fees charged.
3. Food & Beverage: Dining venues include Mignon's Steaks & Seafood (fine dining), Mignon's Lounge, Palace Cafe & Bakery, Palace Buffet, STACKED Grill, CONTACT Sports & Race Book, and Wahoo's Poolside Bar. Daily specials and seasonal operations.
4. Golf Operations: Affiliation with The Preserve Golf Club, recognized by Golf Digest and Golfweek as a 'Best New' course. Golf & Hotel packages available with inclusive amenities.
5. Spa Services: PURE The Palace Spa and Fitness Center offering spa services to hotel guests and day visitors.
6. Lottery Ticket Sales: Commission revenue from selling Powerball, Mega Millions, and Mississippi Lottery Scratch-off games at the Palace Gift Shop.
7. Players Club Loyalty Program: Free membership program offering points, promotional entries, and tier-based benefits to drive repeat gaming visits.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Palace Casinos, Inc. operates Palace Casino Resort, a smoke-free casino hotel in Biloxi, Mississippi, offering slot machines and table games (Blackjack, Craps, Roulette, 3 Card Poker, Pai Gow, King's Stud), sports betting via CONTACT Sports & Race Book, hotel rooms and suites, multiple dining venues, Pure The Palace Spa, and an affiliated golf course (The Preserve Golf Club) with bundled golf and hotel packages. The property also sells Mississippi Lottery tickets through its gift shop and operates a free Players Club loyalty program.

Product overview

Palace Casino Resort is a smoke-free casino resort offering a unified hospitality and gaming experience. The core product is the casino gaming operation featuring slot machines and table games. Accommodations are provided through hotel rooms and suites. The resort offers multiple dining venues including fine dining (Mignon's Steaks & Seafood), casual dining (STACKED Grill, Palace Buffet), lounges (Mignon's Lounge), cafe (Palace Cafe & Bakery), poolside bar (Wahoo's), and sports betting (CONTACT Sports & Race Book). Additional amenities include Pure The Palace Spa, The Preserve Golf Club affiliation, Players Club loyalty program, gift shop with lottery tickets, and meeting/event spaces. The Preserve Golf Club provides golf and hotel package offerings.

Differentiator

Problem solved

Functional benefit

Brands

• The Preserve Golf Club: Affiliated golf club recognized by Golf Digest and Golfweek as a Best New course, offering golf packages with Palace Casino Resort accommodations.

Products and services

• Palace Casino Gaming
• Hotel Accommodations
• Table Games
• Electronic Table Games
• CONTACT Sports & Race Book
• Players Club Loyalty Program
• Mignon's Steaks & Seafood
• Palace Buffet
• STACKED Grill
• Mignon's Lounge
• Palace Cafe & Bakery
• Wahoo's Poolside Bar & Grill
• Pure The Palace Spa and Fitness Center
• The Preserve Golf Club and Golf & Hotel Packages
• Palace Gift Shop / Mississippi Lottery Sales
• Group Sales and Corporate Events

Quantifiable outcome

• 2026 Best of Coastal Mississippi Winner
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• The Preserve Golf ClubcoreStrategic or Co-development PartnerPalace Casino Resort is affiliated with The Preserve Golf Club, which has been recognized by Golf Digest and Golfweek as a 'Best New' course. The Preserve is included in Golf & Hotel Packages offered by the resort, with inclusive amenities such as unlimited range balls, GPS carts, and daily beverage cart service. Gift cards for The Preserve Golf Club are available for purchase at The Preserve Golf Shop.

Scale indicators2 records

Expansion highlights5 records

Direct peers

• Golden Nugget Biloxi: Landry's-operated casino hotel in Biloxi with gaming, hotel, dining, marina, and entertainment amenities. Competes head-to-head with Palace for Gulf Coast gaming and overnight demand.
• Harrah's Gulf Coast: Caesars-operated casino hotel in Biloxi providing gaming, hotel rooms, and dining. Directly competes with Palace for the same Biloxi gaming and lodging customers within walking distance of Palace's location.
• Hard Rock Hotel & Casino Biloxi: Branded integrated casino hotel in Biloxi offering gaming, hotel rooms, dining, and live entertainment. Directly competes with Palace for both local gaming customers and Gulf Coast leisure travelers.
• Beau Rivage Resort & Casino: MGM-owned integrated casino resort also located in Biloxi, MS. Operates casino gaming, hotel, F&B, spa, and entertainment at a larger scale; directly competes for the same Gulf Coast gaming and tourist demand as Palace Casino Resort.
• IP Casino Resort Spa Biloxi: Boyd Gaming-owned Biloxi casino resort combining gaming, hotel, spa, and multiple dining venues. A direct competitor in the same primary market with a similar integrated-resort model.

Regional players

• Scarlet Pearl Casino Resort: Integrated casino resort in D'Iberville, MS (adjacent to Biloxi) offering gaming, hotel, dining, and an 18-hole golf course. Comparable resort-style model and overlaps substantially with Palace's Mississippi Gulf Coast catchment.
• Silver Slipper Casino Hotel: Casino hotel in Bay St. Louis, MS along the Mississippi Gulf Coast. Comparable smaller-scale integrated casino resort model targeting regional Gulf Coast gaming and lodging customers.
• Boomtown Casino Biloxi: Penn Entertainment-operated casino in Biloxi with gaming, hotel, and F&B. Operates in the same Biloxi catchment as Palace but with a more value-oriented positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/palacebiloxi
• LinkedInlinkedin.com/company/palace-casino-resort

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Palace Casinos, Inc.