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In recently filed papers with the Securities and Exchange Commission, Rotate Black has indicated it is updating its development plan and evaluating financing options to build the Hemingway Resort and Casino in Gulfport, Mississippi, 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 said.
Rotate Black MS LLC has site approval for the Hemingway Casino on a 9½-acre site in Gulfport near U.S. Highways 90 and 49. The proposed $112 million casino by the state Gaming Commission on Dec. Rotate Black was set to create a new casino along the Gulfport Harbor in Mississippi, but missed the April 1 st deadline last year to show that the company was ready to move forward with financial backing. Since that time, the company has worked to restructure and meet the guidelines set forth by the Mississippi Gaming Commission.
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The Hemingway casino in would offer a 50,000 square foot gaming floor, a 300-room hotel, a steakhouse, buffet and café, plus a boutique pool and spa and garage parking for 712 vehicles.
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On April 1, Rotate Black missed the deadline to show the Gaming Commission it had financing to build a $130 million casino resort on a 9½-acre site at U.S. 90 and U.S. 49, adjacent to Jones Park. Rotate Black asked the commission for a 20-day extension, explaining it had financing in place but needed more time to complete the transaction. On April 2, in an SEC report, Rotate Black said it intended to move forward with the project, to be located “directly adjacent to the newly renovated Jones Park with its upgraded marina, pavilions, green space and art and entertainment facilities.”
- The man behind the Hemingway Casino project in Gulfport says his company has the money it needs to build a $130 million resort next to Jones Park. What John Paulson's group couldn't get was a 20.
- Golden Harbor Casino Review. Update 3-2-2017: Gulfport Casino has changed its name to Golden Harbor Casino. Owners of the Magnolia Bluffs Casino in Natchez along with civic leaders in Gulfport, Mississippi announced in January 2016 that Mississippi Coast Entertainment LP had been chosen to build a $140 million casino resort in the city.
- The Hemingway Resort & Casino Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from The Hemingway Resort & Casino, Hotel, Hwy 90 & Hwy 49, Gulfport, MS.
On June 30, Rotate Black told the SEC its annual report and other financial documents would be filed late. Board members Dennis Piotrowski and William Thompson resigned effective August 28, but Piotrowski still is listed as executive vice president on the company website.
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Allen Godfrey, executive director of the Gaming Commission, said he has not been in contact with the company or anyone involved with Rotate Black in months. Chris Vignes, public information officer for Gulfport, said, “At this time we have not had any formal communication with Rotate Black.”