Pharma Investments, Ventures & Law Weekly
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Diamondhead Casino Corporation
Casinos Austria International Holding, GMBH Signs Letter of Intent With Diamondhead Casino Corporation
July 13th, 2008
Diamondhead Casino Corporation (BULLETIN BOARD: DHCC) (the "Company") announced that it had signed a non-binding Letter of Intent with Casinos Austria International Holding, GMBH, to form a joint venture partnership to develop, build and operate a destination casino resort in Diamondhead, Mississippi. The joint venture would cover fifty acres within a 404-acre tract of land owned by Mississippi Gaming Corporation, a wholly-owned subsidiary of the Company. 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, Mississippi. The property is debt-free and lien-free. The...
Source: Pharma Investments, Ventures & Law Weekly (2008-07-13)
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