Details of Biloxi’s UMUSIC Hotel Revealed

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The details of the $1.2B Gulf coast resort project of the Universal Music Group and Dakia Global U-Ventures were revealed during a press conference held on Thursday.

Dakia chairman Robert Lavia, Governor Tate Reeves, and Biloxi Mayor Fofo Gilich were also present in the event where the timeline and vision of the Biloxi casino report were disclosed to the public.

According to Gov. Reeves, the Biloxi casino resort is the kind of “bold project” that his state needs. It will boost the image of Mississippi and provide life-changing investment for its people.

Said Gov. Reeves:

“Getting a project like UMusic Broadwater means we can compete with anyone around the world. We need to set our sights as high as possible because we can compete, and we can win.”

New Details Emerge

For his part, Lavia revealed that the construction of the resort will begin next year and is expected to be completed in 2023. Lavia added that the hotel will have 1,500 hotel rooms, a 12,000-seat entertainment venue, an 18-hole golf course, music-themed decor, and celebrity restaurants. Construction is expected to generate 1,000 jobs and when it is completed, there will be 2,500 permanent jobs created.

According to Mayor Gilich, the UMUSIC Broadwater hotel and casino is expected to bring in more than two million visitors per year. Gilich added that the soaring glass music venue at the front and center of the hotel tower will be rated for 160 mph winds. He even joked that people from miles ways Ship Island would be able to watch concerts from its massive video board.

First Foray in Hospitality Industry

Earlier this week, the Universal Music Group announced that it will be building three hotels under what it called the UMUSIC brand. Universal chose Biloxi, Orlando and Atlanta as the areas where they will develop their first three hotels. The Biloxi project will be built on the 266 acre property that was once the Broadwater Resort, the gem of the Gulf Coast.

During a previous announcement, the Universal Music Group said that the Biloxi project will recreate the old Broadwater Resort by including a hotel, marina, golf course, and casino. In addition, the investors of the project said that they will also build a state-of-the-art musical experience as they aim to seamlessly integrate a stunning performance venue and a luxury hotel with immersive architectural design.

The Universal Music Group is one of the largest music company in the world. It has an impressive portfolio that includes Abbey Road Studios, Capitol Records, and Def Jam Recordings. Last year, it reported a revenue of $7.7B which was 20% higher than its 2018 figures.

Universal Music Group To Put Up Casino Resort in Biloxi

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The coastal city of Biloxi in Mississippi will be one of three sites to launch al music-based experiential hotel.

The $1.2B BIloxi resort will boast a 1000-room luxury hotel, a casino, and a large performance venue.The project, which is expected to create more than 2,500 jobs in the area, will “seamlessly integrate a stunning performance venue and a luxury hotel with an immense architectural style.

Said Mississippi Gov. Tate Reese:

“We are excited to welcome this new property to Mississippi! The gaming industry has provided countless opportunities for good work in our state, and brought in a tremendous amount of revenue. It attracts visitors from all over the globe. Universal Music Group is a natural fit, considering the rich musical legacy of Mississippi and Biloxi in particular. This will be a great partnership that will provide a lot of fun and economic growth for the people of Mississippi.”

Collaboration Between Universal and Dakia

Renderings of the planned Biloxi casino resort show a waterfront venue that looks to compete with the Beau Rivage Casino, Resort and Spa, at leas in scale. The design includes a concert hall which is larger than that of the Beau Rivage, Hard Rock Biloxi, and other Biloxi casino properties.

The Biloxi casino project is a collaboration between the Universal Music Group and Dakia U-Ventures. Universal will take care of the music part while Dakia is going to build a resort experience around it. Meanwhile, the property will be managed by the Pyramid Management Group.

The Old Bridgewater Resort

The Biloxi hotel will be built on a 266 acre property that was once the President Casino Broadwater Resort. That property used to have a hotel, a marina, golf course, and later a casino. The owners closed resort and casino 2005, right before Hurricane Katrina struck and destroyed them. Last June, the Biloxi City Council approved a tourism tax incentive to redevelop the property.

Previous announcement on the new project revealed that the investors would rebuild all of Broadwater’s facilities along with a state-of-the-art musical experience. More details about the UMUSIC Hotel in Biloxi will be known on Thursday when the Universal Music Group holds a news conference. Aside from Biloxi UMUSIC Hotels will also be launched in Atlanta and Orlando.

There’s an Incredible New Casino Coming to Biloxi Soon

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Mississippi is home to one of the largest casino industries in the American South. 2020 has been a tough year for the casinos here, yet the industry seems to be slowly recovering. New reports claim there’s a massive new casino coming to Biloxi sometime soon.

Despite the difficult time, new casinos are opening up around the country. This one in Biloxi, Mississippi is expected to be one of the best. Today, we’re going to talk about the details of this new massive gaming property.

Let’s get into it!

Mississippi’s Casino Revenue Drops During Hurricane Season

Mississippi has been allowing casino gambling for decades. Initially, these venues were only allowed to operate on water. Today, there are a huge number of fantastic land-based casinos spread throughout the state.

Today, the majority of casinos here are located on the coast near Biloxi. Some of the country’s biggest casino companies operate venues in this city. That includes Twin River, Caesars, and Penn National Gaming.

Back in March, all of the state’s casinos were forced to shut down. In late May, Governor Reeves finally gave the green light for these properties to begin operating again. Most are now up and running again, yet revenue remains far lower than it was in 2019.

This year’s hurricane season has been taking a toll on the casino industry here. Over the past couple of months, these venues have been forced to close again several times. In September, most of Biloxi’s casinos shut down while Hurricane Sally approached. Fortunately, almost none of the venues here were damaged.

Lawmakers in Mississippi recognize how important the state’s gambling industry really is. The casinos here help to bring in a huge amount of revenue each month. They also employ thousands of individuals.

It now appears that a massive new casino-resort is being planned to open in Biloxi.

Here’s an Update on the New Casino Coming to Biloxi

There are almost 30 casinos now operating in Mississippi. Over the past few years, several companies have come up with plans to open new properties here. This week, we received more information on a new casino-resorts being planned to open in Biloxi.

Based on what’s being said, this will be the most impressive gambling venue ever opened in this state. It’s expected to cost $1.2 billion and will open on the Broadwater site in Biloxi. It will be built and operated by Universal Music Group, which also plans to open venues in Atlanta and Orlando.

Dakia U-Ventures will help to construct the new casino coming to Biloxi. Robert Lavia, a chairman with the company, believes this venue will help to connect gamblers with the local culture in Biloxi.

“Every destination holds a great story just waiting to be told through its cultural heritage and its music,” Lavia said. “Through this new concept, we will both help people discover new ways to channel their love for music and the arts and help empower the transformation of communities worldwide through cultural, inspirational, creative and conscious collaboration.”

This venue will feature at least 300 hotel rooms, several restaurants including a fine dining restaurant, and one of the largest gaming areas in the state. Universal Music Group claims it’s focused on boosting tourism into Biloxi, rather than taking business away from the other casinos here.

It’s exciting news for gambling fans in and around Mississippi. We’ll continue offering updates on the construction of this venue over the next few months.

Louisiana’s Casino Industry Continues to Struggle

Mississippi isn’t the only Southern state with a large and prosperous casino industry. Neighboring Louisiana is also known for its casinos. Much like Mississippi, the industry here has been struggling this year.

Hurricane season continues to take a toll on the state’s gambling venues. Several of them took major damage from the recent Hurricane Laura. That includes the Golden Nugget Lake Charles, that saw its roof taken off from the high winds from this storm.

This isn’t over yet. Hurricane Delta reached Louisiana on Friday evening. All of the casinos in Southwest Louisiana shut down as a precautionary measure. Fortunately, it doesn’t appear that any of them suffered major property damage.

These consistent storms are hurting an already-struggling industry. Even without the hurricanes, the casinos in Louisiana are seeing significant dips in revenue. Hopefully, we see things improve over the next several months.

Many now believe that Louisiana should legalize and regulate its sports betting industry. Several nearby states have taken this step and are now earning a huge amount of revenue. We’ll need to wait and see how lawmakers approach this new form of gambling over the next year.

It will be interesting to see how the new casino coming to Biloxi changes the city. The owners seem to think it will help to boost tourism. Let us know if you’re excited about it in the comments section below!