Who Owns Palace Casino Biloxi in 2026?
Palace Casino Biloxi, Mississippi's premier beachfront gaming spot, is owned by Palace Entertainment in 2026. This article uncovers ownership history, operations, expansions, and what it means for players amid Gulf Coast competition.
From its 1986 founding to 2026 renovations, learn how strategic ownership drives its 650 slots and 27 tables success.
Current Ownership: Palace Entertainment
owns the property since 2015 buyout. CEO
Palace Entertainment, a private LLC, fully owns the property since 2015 buyout. CEO Michael Siyadeh leads expansions, focusing on tech upgrades and hotel additions.
- Founded 1986 as first MS casino
- Private equity backed
- No public shares
Ownership Evolution Timeline
From Boyd Gaming lease to full
acquisition, Palace has invested $150M+ in upgrades,
Ownership Evolution Timeline
From Boyd Gaming lease to full acquisition, Palace has invested $150M+ in upgrades, including 2026 poker room expansion.
- 1986: Opened under new laws
- 2005: Post-Katrina rebuild
- 2015: Palace takeover
Key Executives and Strategy
Siyadeh's vision: Integrate sports betting, VR
slots. Revenue hit $200M in 2025, eyeing
Key Executives and Strategy
Siyadeh's vision: Integrate sports betting, VR slots. Revenue hit $200M in 2025, eyeing Biloxi's top spot.
- Michael Siyadeh: CEO
- Focus on millennials
- Sportsbook launch 2026
Impact on Players and Future
games yearly. Palace loyalty program rivals MGM
Stable ownership means reliable payouts, new games yearly. Palace loyalty program rivals MGM Rewards.
- Tiered VIP perks
- Annual $10M jackpots
- Biloxi expansion planned