Next step is imminent for new $750 million casino resort plan in South MS
Biloxi is considering a 40-year lease with Biloxi Capital LLC to build a $750 million casino resort and pier on the former Tivoli Hotel property.Summary
Developers are seeking a lease with Biloxi to construct a pier connecting their proposed casino site to the waterfront. The Biloxi Council is scheduled to vote on a 40-year lease with Biloxi Capital LLC, who plan to build a casino resort on the former Tivoli Hotel property. Harrison County has already approved the lease, mirroring a similar agreement with RW Development for a casino and pier on Veterans Avenue. The project, estimated to cost $750 million, includes a 1,300-room hotel, a 100,000-square-foot casino, and a sportsbook, promising 2,000 permanent jobs and increased tax revenue. The developers have agreed to pay $600,000 annually to the State Tidelands Fund. If approved, this would be the third new casino in Biloxi, bringing the total to eleven in the city and fifteen in South Mississippi.
(Source：Sunherald)