Is Rotate Black ready to place another bet on Gulfport? According to papers filed with the Securities and Exchange Commission, the developers of the Hemingway casino still have their eyes on South Mississippi.
In that 8K filing dated December 1, 2014, the company admits Rotate Black is updating its development plan and evaluating financing options to build a casino resort adjacent to the Gulfport Small Craft Harbor. "The Company's primary focus is the development of a hotel and casino in Gulfport, Mississippi under a management agreement with Rotate Black MS, LLC, a Mississippi limited liability company," the filing says.
If it's built, the Hemingway casino in Gulfport will reportedly include include a 50,000 square foot gaming floor, a 300 room hotel, a 712 space parking garage, along with a steakhouse, a buffet, a café, a boutique pool and a spa area.
Rotate Black has been to the Mississippi Gaming Commission on a couple of occasions to get the necessary approvals for this resort. When the company couldn't meet the gaming commission's April financing deadline, it had to go back to the drawing board and design a project with more stringent development rules.
This is the first time since the deadline passed that Rotate Black has indicated a casino resort near Jones Park and the harbor was still a possibility.