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"We haven’t had any serious expressions of interest to-date regarding that property," says Caesars Entertainment spokesman Gary Thompson. There is also the question of whether Caesars would sell it to a competitor, thereby bringing new rivalry into the market. It is possible (emphasis: possible) that Caesars would remove the property’s gaming entitlement and sell it off as a hotel (see Today's News 5/31/14 for a prior similar scenario in Atlantic City), but that’s pure speculation.
The Tunica market has been suffering since horse tracks in Arkansas installed "instant racing" video lottery terminals, so the prospect of a new casino coming into Tunica is remote at this time.