- CEO
- Deborah A. Vitale
- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1013 Princess Street Alexandria VA United States of America 22314
- IPO Date
- Jan 8, 2021
- Business
- Diamondhead Casino Corporation (DHCC) owns an approximately 400-acre unimproved property in Diamondhead, Mississippi, through its wholly-owned subsidiary Mississippi Gaming Corporation, on which it intends to develop a casino resort and associated amenities including a hotel, spa, pools, sports and entertainment center, conference center, and recreational vehicle park; the property fronts Interstate 10 and the Bay of St. Louis for two miles each, with zoning as a Special Use District-Waterfront Gaming District and Gaming Site Approval from the Mississippi Gaming Commission for a 50-acre site. The company currently conducts no significant operations and focuses on managing the potential construction and development of this casino project, either unilaterally or with joint venture partners, targeting the competitive Mississippi gaming market and surrounding regions including Louisiana. Founded in 1988 as Europa Cruises Corporation—a former operator of gaming vessels in international waters—and renamed Diamondhead Casino Corporation in November 2002, the company is headquartered in Alexandria, Virginia.
In June 2024, Diamondhead Casino Corporation retained Colliers International on a non-exclusive basis to assist in marketing and financing the Diamondhead property or facilitating its partial or full sale to buyers or joint venture partners, with Colliers preparing promotional materials to highlight the site's prime location between Biloxi and New Orleans. Also in June 2024, the company's subsidiary settled an eminent domain dispute with Cooperative Energy for $1 million, receiving $845,378 to date and resolving related legal issues to support property development. On June 12, 2024, an involuntary Chapter 7 liquidation petition was filed against the company, which it moved to dismiss amid ongoing legal proceedings and a reported net loss of $1.9 million for the year ended December 31, 2024.