Rotate Black, Inc. Affiliate Announces Approval to Proceed for Its Planned Hemingway Resort and Casino
07 Enero 2014 - 10:38AM
Marketwired
Rotate Black, Inc. Affiliate Announces Approval to Proceed for Its
Planned Hemingway Resort and Casino
PETOSKEY, MI--(Marketwired - Jan 7, 2014) - Rotate Black, Inc.
(PINKSHEETS: ROBK), a premier development and management company of
resort and casino properties, reports that its affiliate Rotate
Black MS, LLC, has received an Approval to Proceed from the
Mississippi Gaming Commission for its planned Hemingway Resort and
Casino in Gulfport, MS. Rotate Black's CEO, John Paulsen,
stated "with this approval the Company can move to close its
financing and begin construction of its $130 million
development."
The casino resort, when completed, will include a 35,000 square
foot gaming floor, 205 room hotel, buffet, steakhouse, café,
feature bar, luxury pool and a lounge overlooking the newly
renovated marina in the city's small craft harbor. Gulf Coast
gaming veteran and Rotate Black MS CEO, Dual Cooper stated, "we've
designed a fantastic facility, hired the best general contractor in
Yates Anderson and when open we'll deliver a world class gaming and
entertainment experience."
Rotate Black's Gulfport, MS casino will be located on
approximately nine and a half acres of land at the intersection of
Highway 49 and US 90 and overlooking the Gulf of Mexico. The
site will offer direct access from I-10 via the Central Harrison
County Connector Highway currently planned by the State of
Mississippi. The site is adjacent to downtown Gulfport, the
city's small craft harbor and the newly renovated Joseph T. Jones
Memorial Park. Jones Park is the largest public park on the
Gulf Coast and is in the final stage of a three stage restoration
including green spaces, gardens, pavilions, water features, as well
as art and entertainment facilities.
About Rotate Black, Inc. Rotate Black, Inc. (PINKSHEETS: ROBK)
is a premier development and management company of resort and
casino properties. The Company makes investments specifically
targeted towards the gaming industry, seeking to maximize total
return from capital appreciation and income. The management
and Board of Directors have extensive experience in successfully
developing and managing resort properties.
Forward-Looking Statement
Any forward-looking statements are made pursuant to the Private
Securities Litigation Reform Act of 1995 and, as such, speak only
as of the date made. Rotate Black, Inc. disclaims any obligation to
update the forward-looking statements. You are cautioned not to
place undue reliance on these forward-looking statements which
speak only as of the date stated, or if no date is stated, as of
the date of this press release.
Contact: Darren Bankston Darren@rotateblack.com 231.347.0777
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