Overview

• Malibu Norcross, a go-kart venue in Gwinnett County, Georgia, closed on September 28 after more than two decades in operation.
• Earlier this year Herschend sold Raging Waters Los Angeles, Castle Park in Riverside, and Wet ‘n Wild Emerald Pointe in Greensboro to Lucky Strike Entertainment.
• With three sales and this closure, Herschend has shed 20% of the 20 properties it acquired from Palace Entertainment.
• The company has not provided reasons for individual transactions, though reporting notes a roughly $1.1 billion loan taken around the time of the acquisition.
• Post-merger visitation is reported at about 20 million annually, and Dollywood remains the flagship with new attractions planned for 2026.