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Investors being sought for Biloxi casino


Last Update: 11/06 11:30 am
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BILOXI, Miss. (AP) — City planners have recommended a two-year extension for developers of the Broadwater Casino property in Biloxi.

The city council must approved the extension.

Roy Anderson III and W.C. "Cotton" Fore bought the 266-acre site of the former President Casino in 2005, shortly before Hurricane Katrina.

Anderson tells The Sun Herald that they had Foxwood Casinos under contract for more than a year before the casino operator walked away from their option in the uncertain post-Katrina market.

The partners plan a mixed-use casino resort with a marina, entertainment district, convention hotel, retail and a signature golf course on the old Broadwater Hotel property off U.S. Highway 90.

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Information from: The Sun Herald, http://www.sunherald.com

 

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