VIE 26 DE ABRIL DE 2024 - 14:45hs.
One of the first three UMUSIC Hotels

Universal Music Group announces US$1.2b casino resort in Mississippi

A coastal Mississippi city will be among the first sites to launch a hotel and casino backed by a major global music corporation. The US$1.2 billion Biloxi resort, a partnership between Universal Music Group and the Dakia U-Ventures investment group, is set to include a large performance venue, a 1,000-room luxury hotel and a casino, according to an announcement from the groups, which are also launching similar ventures in Atlanta and Orlando.

The UMUSIC Broadwater Hotel in Biloxi will provide a “stunning” performance venue and a luxury hotel with an immersive architecture style, the company said.

The resorts will be designed to be “creative hubs in communities around the world, promoting positive social change, education and innovation through the power of music,” the group’s press release said.

Biloxi’s hotel design show a sleek silver semi-circular hotel with glass spanning most of the front of the hotel. A massive video board is centered in the glass and will be visible by boaters in the Mississippi Sound.

The Biloxi City Council in June approved a tourism tax incentive to redevelop a 108-hectare property that was once the site of the Broadwater Beach Hotel, marina, and golf course, according to the city resolution. The historic resort was built in 1939 and closed in 2005 shortly before Hurricane Katrina destroyed the property.

Universal called the venture a “music-based experiential hotel” property and said it would include elements of the city’s rich local music scene.

The project was estimated to bring more than 2,500 jobs to the area.

Governor Tate Reeves supported the development, saying it would bring “fun and economic growth for the people of Mississippi.”

“Universal Music Group is a natural fit, considering the rich musical legacy of Mississippi and Biloxi in particular,” he added.

Source: GMB / AP