Broadwater Development Explained

Broadwater Development is a casino holding company that is privately owned by Roy Anderson III, owner of Roy Anderson Corporation construction company, W.C. "Cotton" Fore, president of Gulfport-based W.C. Fore Trucking Inc., and Miami-based Dezer Development Group.[1]

History

On January 20, 2005, the company won a bid for the President Casino Broadwater Resort for $82 million in a bankruptcy action.[2] Foxwoods Development abandoned plans to purchase of land from Broadwater for a casino on April 26, 2006.[3]

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.[4]

Notes and References

  1. Web site: 2005-04-18 . Deal for President Casino Resort complete - Las Vegas Sun Newspaper . 2022-10-19 . lasvegassun.com . en.
  2. News: Broadwater Development wins auction for President's Biloxi casino . St. Louis Business Journal. 2005-01-21 .
  3. Web site: Foxwoods Development Pulls Out Of Broadwater Development Plan . July 13, 2006 . wlox.com.
  4. Web site: WLOX Staff . Developer reveals plans for $1.2 billion casino resort in Biloxi . June 16, 2020 . WLOX . en.

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