PCI Gaming agrees to acquire Magic City Casino in Miami
Published 2:48 pm Tuesday, February 14, 2023
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By Special to the Advance
PCI Gaming and Wind Creek Hospitality announced recently that an agreement to acquire Miami, Fla.-based Magic City Casino.
The announcement follows an approval by the Florida Gaming Control Commission (FLGC) permitting the transfer of the assets and the existing gaming license held by Magic City owners to PCI Gaming wholly-owned subsidiary Gretna Racing LLC, according to a release.
“We are excited to grow our footprint in another major metropolitan area, this time in Miami, Florida” said Stephanie Bryan, Tribal Chair and CEO of Wind Creek’s Poarch Creek Indians. “Our expansions in Pennsylvania, Illinois and now Florida provide us the ability to take care of and grow opportunities for our Tribe. We look forward to becoming a valued partner in the Miami community.”
“Southern Florida is a natural connection from our properties in Aruba & Curacao, our properties in
Alabama and the Florida Panhandle,” said Jay Dorris, CEO and president of Wind Creek. “With close proximity to Miami International Airport, the location is fantastic for players from all Wind Creek properties, and gives Miami locals an easy way to experience the Wind Creek brand everywhere we operate.”
The company is currently licensed by FLGC at two wholly owned and operated gaming facilities in Northwest Florida. Leaders from both Wind Creek and Magic City expect the transaction to close later this spring.
Wind Creek will continue to operate Magic City Casino in the near term with very few changes. Wind Creek plans to include Magic City players in the broader Wind Creek Rewards and Express Offers loyalty programs by the end of 2023.