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The IP Casino Resort Spa is a resort located in Biloxi, Mississippi. It was founded by Minnesota businessman Ralph Engelstad.
| IP Casino Resort Spa | |
|---|---|
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| Address | 850 Bayview Avenue Biloxi, MS 39530-1701 |
| Opening date | December 22, 1997 |
| No. of rooms | 1,088 |
| Total gaming space | 84,225 sq ft (7,824.8 m2) |
| Permanent shows | Studio A |
| Casino type | Land & Dockside |
| Owner | Boyd Gaming |
| Previous names | Imperial Palace Hotel and Casino Biloxi IP Hotel and Casino |
| Renovated in | 2005 & current showroom renovation |
| Public transit access |  CTA |
| Website | www |
History
editThe property opened for business officially on December 22, 1997, as the Imperial Palace Hotel and Casino Biloxi. It was the sister property of the Imperial Palace on the Las Vegas Strip, in Paradise, Nevada. When Engelstad died in 2002, ownership of both properties transferred to trustees of his estate, including wife Betty Engelstad.[1][2] The Las Vegas property was sold to Harrah's Entertainment in 2005.
Boyd Gaming bought the IP in October 2011 for $278 million in cash, plus a $10 million donation to the Engelstad Family Foundation.[3]
References
edit- ^ Simpson, Jeff (6 March 2003). "Owner to keep Imperial Palace: Betty Engelstad tells regulators she plans to keep both casinos for now". Las Vegas Review-Journal. Archived from the original on 27 January 2005.
- ^ Benston, Liz (6 March 2003). "Trustees: Imperial Palace is not for sale". Las Vegas Sun. Retrieved 25 January 2024.
- ^ Perez, Mary (3 October 2011). "IP Casino now a Boyd Gaming property". Sun Herald. Archived from the original on 5 October 2011. Retrieved 10 October 2011.