Commercial Gaming

KISS OFF! Biloxi’s Lengthy-Closed Margaritaville On line casino Sells to One other Purchaser

The Margaritaville On line casino and Restaurant, which has sat empty on the waterfront in Biloxi, Miss. for 9 years, was offered on Thursday, however to not the rock band KISS. In accordance with the Solar Herald newspaper, the customer is MIC, an organization owned by Harry Mohney, the Las Vegas strip membership operator who bought the Dick’s Final Resort bar and restaurant chain in 2019.

Margaritaville was losing away on Mississippi’s Biloxi Bay since its 2014 closure. (Picture: tripadvisor.com)

KISS frontmen Gene Simmons and Paul Stanley had been toying with the concept of renovating and reopening the previous Margaritaville as their second Rock & Brews On line casino. Their first opened in Braman, Okla. in Could 2022.

Their blueprint known as for a $200 million overhaul of the 40,000 square-foot on line casino, which might have featured greater than 1,000 slot machines, a number of dozen desk video games, and a sportsbook, in addition to a 3,000-seat live performance venue and a brand new 300-room resort.

Gene Simmons and Paul Stanley of KISS had been toying with the concept of renovating and reopening Jimmy Buffett’s former Margaritaville On line casino as their second Rock & Brews On line casino. (Picture: Related Press)

A groundbreaking was deliberate for March 15, 2020, when KISS was scheduled to carry out on the Coast Coliseum in Biloxi. Each occasions had been canceled in the course of the pandemic shutdown, and the duo’s curiosity in acquiring the property apparently waned.

No New On line casino in Playing cards

A brand new on line casino is outwardly not within the playing cards for the location. In accordance with the Solar Herald, Mohney plans a multivenue attraction with two eating places — a Dick’s Final Resort little question being one — bars and leisure, equivalent to karaoke and axe throwing.

The sale worth wasn’t disclosed, although the asking worth was $4.9 million.

Mohney will reportedly maintain one remnant from the property’s on line casino days. A boxing ring will carry fights again to the world, in line with his lawyer.

Losing Away After Margaritaville

The 68,000 square-foot construction positioned on the previous East Harrison County Industrial Park within the Again Bay space of Biloxi was constructed for $48 million and opened by music famous person Jimmy Buffett with Grand Casinos founder Tom Brosiq on Could 22, 2012, beneath a license from Buffett’s restaurant and bar model.

Margaritaville Biloxi featured 820 slot machines and 18 desk video games, in addition to two ranges of eating decks and a marina with waterside leisure, meals, and drinks.

Buffet, a local of close by Pascagoula, carried out on the grand opening.

In June 2013, the on line casino turned the primary within the state’s historical past to supply out of doors gaming, which included three blackjack tables.

The enterprise closed a little bit over two years after opening. An unresolved dispute with the owner, which blocked the financing wanted to construct a resort, was blamed. Its last day of operation was Sept. 15, 2014. The property was listed on the market the following yr for $18 million.

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