On behalf of the Chapter 7 Trustee for Diamondhead Casino Corporation(“DHCC”), parent of Mississippi Gaming Corporation (“MGC”), Colliers, in conjunction with Colliers Securities, is pleased to present the opportunity to purchase land for a casino development. The Trustee is seeking to sell the assets of the Debtor, including, without limitation, any equity interests and the Property. MGC has received site approval from the Mississippi Gaming Commission for a casino on 50 acres of its approximately 400-acre site located at 7051 Interstate 10, in Diamondhead,Mississippi.
This extraordinary opportunity is now available to acquire premier development land in Diamondhead, Mississippi, being offered as part of this bankruptcy trustee sale. The site, located at 7051 Interstate 10, offers exceptional highway visibility and access with 2 miles of Interstate 10 frontage and scenic views of the Bay St. Louis waterfront. Future development will benefit from a current average daily traffic count exceeding 51,000 vehicles per day(VPD), and climbing, ensuring year-round visibility and access to millions of regional visitors.
The proposed Diamondhead Casino Resort has been preliminarily designed to include 100,000 square feet of gaming space featuring 1,250 slot machines, 40 table games, and a state-of-the-art sportsbook. Plans also envision a full-service hotel with over 300 rooms, complemented by diverse dining, retail, and entertainment venues. The site's C-2 commercial zoning encourages the development of complementary uses, including restaurants, hotels, medical cannabis, assisted living facilities, retail, and entertainment, further expanding the municipal tax base and positioning the property as a significant economic catalyst for the region.
Between New Orleans and Biloxi, 7051 Interstate 10 lies in one of the strongest gaming markets in the United States, with the Gulf Coast region accounting for 67% of Mississippi's total gross gaming revenue. Combined with neighboring Louisiana, this corridor represents the nation's second-largest gaming market, and the addition of the Diamondhead Casino Resort would further strengthen its prominence.
Beyond gaming, Diamondhead is a thriving planned community known for its golf courses, waterfront recreation, and relaxed coastal lifestyle. Major nearby projects, including the Diamondhead Town Center development north of Interstate 10, are already drawing new residents, tourism, and business investment to the area. Early investors have the chance to pioneer a new chapter of growth and transformation on the Mississippi Gulf Coast, anchored by this landmark property.
Note: The Chapter 7 Trustee has filed a bid procedures motion with the bankruptcy court. Interested parties are encouraged to reach out promptly for more information and participation details. See below for key dates on bid procedures
Key Timeline Dates:
December 15, 2025 at 4:00 p.m. (ET) Deadline for Selection of Stalking Horse Bidder
December 22, 2025 at 4:00 p.m. (ET) Objection Deadline for Selection of Stalking Horse Bidder
January 9, 2026 at 4:00 p.m (ET) Bid Deadline for Qualified Bids
January 13, 2026 at 4:00 p.m (ET) Notification of Qualified Bidders
January 22, 2026 at 10:00 a.m. (ET) Auction
January 29, 2026 at 4:00 p.m. (ET) Deaaline to File Any Objections to Sale
February 5, 2026 at 10:00 a.m. (ET) Sale Hearing
Subject to Chapter 7 Bankruptcy Court Approval (Diamondhead Casino Corporation – Debtor / Mississippi Gaming Corporation – Owner).