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Casino Developer Planning 404-Acre Resort

DIAMONDHEAD, MS-Through its wholly owned subsidiary Casino World Inc., Diamondhead Casino Corp. of Madeira Beach, FL intends to develop a destination casino resort at its 404-acre site on the Bay of St. Louis in Diamondhead.

By Brian K. Miller | Updated on August 06, 2003

DIAMONDHEAD, MS-A Florida-based casino developer is preparing to develop a destination casino resort at its 404-acre site on the Bay of St. Louis in Diamondhead, MS.

Casino World Inc., a wholly owned subsidiary of Madeira Beach, FL-based Diamondhead Casino Corp., has hired CB Richard Ellis to secure debt and equity financing for the project. The agreement with CBRE is contingent on performance and does not require Diamondhead Casino Corp. to advance or pay costs or expenses. The job will be handled by CBRE’s Global Gaming Group, which is headquartered in Las Vegas.

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