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Gaming Commission Gives Approval for New Mississippi Casino

Gaming Commission Gives Approval for New Mississippi Casino

The Mississippi Gaming Commission has approved plans to build a new casino and resort next to Jones Park and the Gulfport Small craft Harbour. The development, which is likely to be called the Hemingway Casino and Resort, is set to cost $112 million.

Gaming Commission Gives Approval for New Mississippi Casino

The Mississippi Gaming Commission has approved a new casino to be built in Gulfport.

It took three attempts to get the project approved but as the CEO of Rotate Black, the developers behind the resort said, “Third time’s a charm.”

The project’s approval came with a number of conditions. It must feature a minimum 205-room hotel with a four star rating, financing documentation must be complete and outstanding balances paid by April 1st and an operator’s license must be obtained within 90 days of approval.
Other plans for the resort include a 35,000 square-foot casino, a 4,000 square-foot swimming pool, three restaurants and decks which overlook the water next to Jones Park.

The casino will be themed around the life of author Ernest Hemingway and it is hoped that it will result in a lot of new jobs and revenue for the local community. Work is expected to begin on the property in February.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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