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Article: Trump Entertainment Resorts and Diamondhead Casino Corporation Sign Letter of Intent for Mississippi Casino Development.
- Article from:
- Business Wire
- Article date:
- June 12, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTIC CITY, N.J. -- Trump Entertainment Resorts, Inc. (NASDAQ: TRMP) and Diamondhead Casino Corporation (OTCBB: DHCC) announced today that they have signed a letter of intent pursuant to which the parties intend to form a joint venture partnership to develop, build and operate a destination casino resort in Diamondhead, Mississippi.
The joint venture would cover a minimum of forty acres within a 404-acre tract of land owned by Mississippi Gaming Corporation, a wholly-owned subsidiary of Diamondhead. The Diamondhead tract fronts Interstate 10 for approximately two miles and the Bay of St. Louis for approximately two miles and is located in Hancock County, ...