Casino News In Biloxi
A $1.1 billion casino resort is proposed at the former Broadwater Beach Resort site in Biloxi.
Casino News In Biloxi
Biloxi Ms Casino News
Treasure Bay Casino and Hotel. 1980 Beach Blvd., Biloxi (228) 385-6000 or 800-747-2839. Amenities: Hotel, gift shop, buffet, dining, pool, valet parking. Other casinos on the Mississippi Gulf Coast: Hollywood Casino.
The Biloxi City Council will be asked to approve a Mississippi tourism rebate incentive for the project Tuesday.
Latest Casino and Gambling News, Casino proposals, Mississippi This coming Tuesday, the Biloxi City Council will be hearing a plan to create a $1.1 billion casino resort at the former site of the Broadwater Beach Resort. Developers are hoping the Council will approve the p. Kiss frontman promoting plan to bring a new casino resort. Casino Gambling news and opinions from the Biloxi Sun Herald newspaper in South Mississippi.
The developers intend to redevelop the 266-acre property with a casino, golf course, hotel, spa and other amenities, according to the city resolution.
It can participate in the Mississippi Tourism Project Incentive Program with a hotel, an indoor or outdoor entertainment center, marina, golf course and the private investment of at least the $10 million required for the tourism incentive the resolution says. A portion of the sales tax generated by the project on what now is empty land would be diverted as an incentive to help cover some of the costs of construction.
The developer, Broadwater Development LLP, expects the resort to create 2,557 full-time and part-time jobs.
The resort would be the most expensive ever built in South Mississippi. The estimated cost of the Beau Rivage Resort & Casino was $750 million to $800 million when Steve Wynn opened it in Biloxi in 1999.
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The proposed Tivoli casino was estimated to cost $1 billion but was never built in Biloxi.
The large Broadwater casino site in west Biloxi was purchased by Roy Anderson III and Cotton Fore shortly before Hurricane Katrina.
Anderson is listed as a partner with Broadwater Development, which was registered with the Mississippi Secretary of State in January 2005.
He told the Sun Herald that more details about the project will be released soon.
A website for the Broadwater Development provides the history of the Broadwater Beach Hotel and says, “For decades, the Broadwater Beach Resort was the epitome of luxuriousness, trendiness and relaxation on the Mississippi Gulf Coast. From famous actors, actresses, politicians, and personalities to middle-class families, thousands flocked from across the country to put the Broadwater’s excellent reputation to the test.”
The resort was built in 1939, when gambling and alcohol sales were illegal in Mississippi, the website says, and had a 600-foot pier on the beach side with an illicit casino.
Casino News In Biloxi Ms
President Casino opened at the site on the site in August 1992, two weeks after the Isle of Capri became the first legal casino in Mississippi. The $17 million, football-field size floating casino was owned by John Connelly, a colorful promoter who worked as a boxer, the Sun Herald noted.
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