Broadwater Development is a

casino A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...

holding company that is privately owned by Roy Anderson III, owner of Roy Anderson Corporation

construction Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and com ...

company, W.C. "Cotton" Fore, president of Gulfport-based W.C. Fore Trucking Inc., and

Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade C ...

-based Dezer Development Group.

History

On January 20, 2005, the company won a bid for the

President Casino Broadwater Resort The President Casino Broadwater Resort was a combined casino and resort that was located in Biloxi, Mississippi. It was a fixture on the Mississippi Gulf Coast for over 60 years. Originally known as the Broadwater Beach Hotel and Broadwate ...

for $82 million in a

bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...

action. Foxwoods Development abandoned plans to purchase of land from Broadwater for a casino on April 26, 2006. In June 2020, the company announced an agreement with Dakia Entertainment Hospitality to develop a $1.2 billion, 266-acre entertainment facility by summer 2023 in Biloxi, MI.

References

Gambling companies of the United States {{casino-stub