Diamondhead Casino Resort - Trustee Auction
I-10, Diamondhead, MS 39525

Overview
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 opportunity is now available to acquire premier development land in Diamondhead, Mississippi, being offered as part of this bankruptcy trustee sale. The site offers exceptional highway visibility and access with 2 miles of Interstate 10 frontage, and scenic views of the Bay St. Louis waterfront. The property benefits from an average daily traffic count exceeding 51,000 vehicles per day (VPD) 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 offers potential development of complementary uses, including restaurants, hotels, medical cannabis, assisted living facilities, retail, and entertainment. Between New Orleans and Biloxi, 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. Investors have the chance to pioneer a new chapter of growth and transformation on the Mississippi Gulf Coast, anchored by this landmark property. Note: 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. 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) Deadline 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).
- Rare opportunity to acquire roughly 400 acres of prime development land in Diamondhead, Mississippi, available through a bankruptcy trustee sale.
- Mississippi Gaming Commission has approved a 50-acre site for casino development, offering significant potential for commercial expansion.
- Plans include a 100,000-square-foot gaming floor featuring 1,250 slot machines, 40 table games, a modern sportsbook, and a 300-room hotel.
- C-2 commercial zoning, allowing casino gaming and other uses such as restaurants, hotels, retail, personal services, and entertainment venues.
- Between New Orleans and Biloxi, the site boasts 2 miles of I-10 frontage and waterfront views, tapping into the region's strongest gaming market.
- In the master-planned Diamondhead community, investors can seamlessly kickstart growth in Mississippi's fastest-developing Gulf Coast region.
Attachments
For Sale
- Sale Price
- $1
- Acres
- 400 ac
- Zoning
- C-2 Community Commercial Zone
- Zoning Desc.
- Commercial Use
- Up For Auction
- Yes
- Nearest MSA
- Gulfport-Biloxi
- Property Use Type
- Investment
- Vehicles Per Day
- 51,000 VPD
- Waterfront
- Yes
- Nearest Interstate
- I-10
- County
- Hancock
- Available
- 11/22/2025
- Listed
- 12/02/2025
- Updated
- 04/01/2026
- Listing ID
- 9b42d370
- Parcel APN
- 131 -0-01-002.000

