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dhcc , thank you , good morning.
Jacobs Entertainment just denied wouldn't shock me of a take over. Keep in mind, Former MTR Gaming Nasdaq:MNTG President Ted A is running DHCC.
MTR Gaming current President was the GM Hard Rock Cafe Casino in Biloxi 10 or so miles away. Casino bosses tend to move to regions in sync with others.
Wouldn't shock me of takeover through Ted A. connections and or Jacobs Entertainment who was just denied site approval could easily come next store and buy the 404 acres. 2007 a cash tender off of $100million for DHCC was denied. This time higher premium, Time value of money $3-$5 a share.
Town supports DHCC Site Approval coming this month.
Story in a nutshell:
The town of Diamondhead, MS will only allow 1 caisno to build. For 5 years Jacobs Entertainment run by Billionaire Jacobs Family has been in battle with Diamondhead Casino CORP DHCC to build a casino. Last week Jacobs was denied Casino development after many years. The reason is Jacobs was trying to build on residential property along with faulty mean high water line regulation.
DHCC goes for site approval this month building on Casino zoned property 404 acres water front Bay of ST. Louis on I/10 abiding by all MGC Regulation(s). The South Mississippi Casino industry is a $1BILLION industry per annum. You need to have the politicians on board.
"BOfficials of an activist group in Diamondhead said Monday that the group supports the concept of a future casino built on property owned by the Diamondhead Casino Corporation (DHCC.)"
"Unlike the Jacobs project, DHCC's property is not located in a residential area"
http://www.seacoastecho.com/article_7829.shtml#.U7lP541dXC8
http://seekingalpha.com/article/2137833-diamondhead-casino-corporation-this-company-just-might-be-worth-a-spin
The Mississippi Gaming Commission denied Jacobs Entertainment a large casino conglomerate site approval due to mean high water line regulations set forth after hurricane Katrina could be the lucrative opportunity DHCC has been waiting for.
DHCC 404 acres zoned casino parcel sits directly next store to Jacobs Entertainment's parcel. Unlike Jacobs, DHCC zoned casino parcel meets all mean high water line regulation.
DHCC recent notification to Mississippi gaming Commission shows they are heading for site approval with in a month.
Keep in mind, the stretch of South Mississippi gaming industry is reinvesting over $1billion FY'14 back into casino development. Q1 FY'14 $600 million already spent. DHCC will be a direct beneficiary of the spending
If the two acquisitions discussed in the previous two posts occur that would move ownership of two large U.S. based gaming companies to Australia and Italy.
GLTA
Bob
Italy lottery operator GTECH in talks to buy U.S. International Game Technology
News Link
GLTA
Bob
Aristocrat Leisure in talks to buy slot machine maker VGT -sources
News Link
GLTA
Bob
nice piece of change.
In the zoning map DHCC abides by all regulations making the land even more valuable today due to Jacobs directly next store possibly getting their $250million project shut down this week.
DHCC turned down a $100million cash tender off in 2007.
Time value of money:
PV: $100MILLION
I/Y: 5.5
N:6
FV= $137.88MILLION
So, now we now the land is roughly worth $137million in respects to time value of money.
Averaged share price $3.45
Financials are coming + site approval. Stock could erupt like 2007 went $3.00 a share over night
Diamondhead Casino Corp. [$DHCC] due diligence
$DHCC
DD Notes ~ http://www.ddnotesmaker.com/DHCC
##### recent news/filings ~ source: finance.yahoo.com
Fri, 11 Apr 2014 18:00:57 GMT ~ Diamondhead Casino Corporation: This Company Just Might Be Worth A Spin
read full: http://seekingalpha.com/article/2137833-diamondhead-casino-corporation-this-company-just-might-be-worth-a-spin?source=yahoo
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Fri, 04 Apr 2014 21:16:34 GMT ~ DIAMONDHEAD CASINO CORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-B
read full: http://biz.yahoo.com/e/140404/dhcc8-k.html
*********************************************************
Wed, 02 Apr 2014 12:00:00 GMT ~ Diamondhead Casino Corporation Closes On First $1 Million Of $3 Million Convertible Debenture Offering And Appoints Ted Arneault As Chairman Of The Board Of Directors
[PR Newswire] - DIAMONDHEAD, Miss., April 2, 2014 /PRNewswire/ -- Diamondhead Casino Corporation ("DHCC"), which intends to build a casino resort on its 404-acre property in Diamondhead, Mississippi, announced today that it has appointed Ted Arneault, formerly Chairman, President & CEO of MTR Gaming Group, Inc., as Chairman of the Board of the Company and President & CEO of Casino World, Inc., a wholly-owned subsidiary of the Company and proposed developer of the Diamondhead casino site. The Company also announced today that it accepted subscriptions in Escrow in the amount of $3 million for the purchase of collateralized debentures, convertible to common stock, subject to certain events, and $1 million of that amount had been released from Escrow to the Company at the first of three intended closings.
read full: http://finance.yahoo.com/news/diamondhead-casino-corporation-closes-first-120000518.html
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##### chart ~ source: stockcharts.com
##### chart ~ source: eoddata.com
##### company info ~ source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/DHCC/company-info
Ticker: $DHCC
OTC Market Place: Grey Market
CIK code: 0000844887
Company name: Diamondhead Casino Corp.
Incorporated In: DE, USA
##### extra dd links
Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000844887&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/DHCC/filings
Latest financials: http://www.otcmarkets.com/stock/DHCC/financials
Latest news: http://www.otcmarkets.com/stock/DHCC/news - http://finance.yahoo.com/q/h?s=DHCC+Headlines
Major holdings: http://data.cnbc.com/quotes/DHCC/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=DHCC+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/DHCC.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=DHCC
RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=DHCC&search=search
DTCC: http://search2.dtcc.com/?q=Diamondhead+Casino+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Diamondhead+Casino+Corp.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Diamondhead+Casino+Corp.&x=0&y=0
Short Sales: http://www.otcmarkets.com/stock/DHCC/short-sales
Insider Disclosure: http://www.otcmarkets.com/stock/DHCC/insider-transactions
Research Reports: http://www.otcmarkets.com/stock/DHCC/research
Historical Prices: http://finance.yahoo.com/q/hp?s=DHCC+Historical+Prices
Basic Tech. Analysis: http://finance.yahoo.com/q/ta?s=DHCC+Basic+Tech.+Analysis
Company Profile: http://finance.yahoo.com/q/pr?s=DHCC+Profile
Key Statistics: http://finance.yahoo.com/q/ks?s=DHCC+Key+Statistics
Industry: http://finance.yahoo.com/q/in?s=DHCC+Industry
Insider Roster: http://finance.yahoo.com/q/ir?s=DHCC+Insider+Roster
Income Statement: http://finance.yahoo.com/q/is?s=DHCC
Balance Sheet: http://finance.yahoo.com/q/bs?s=DHCC
Cash Flow: http://finance.yahoo.com/q/cf?s=DHCC+Cash+Flow&annual
Market Watch: http://www.marketwatch.com/investing/stock/DHCC
Bloomberg: http://www.bloomberg.com/quote/DHCC:US
Morningstar: http://quotes.morningstar.com/stock/s?t=DHCC
Bussinessweek: http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=DHCC
Barchart: http://www.barchart.com/quotes/stocks/DHCC
OTC Short Report: http://otcshortreport.com/index.php?index=DHCC
Investopedia: http://www.investopedia.com/markets/stocks/DHCC/?wa=0
http://www.pennystocktweets.com/stocks/profile/DHCC
##### last known share structure ~ source: otcmarkets.com
Market Value: $17,280,100 a/o Jun 17, 2014
Shares Outstanding: 34,560,200 a/o Aug 05, 2011
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001
##### business description ~ source: otcmarkets.com
DD Notes ~ http://www.ddnotesmaker.com/DHCC
Under gambling regulations, casinos must sit no further than 800 feet from the "mean high water line" of an approved body of water. On the Coast, casinos are allowed adjacent to the Bay of St. Louis, Back Bay in Biloxi and the Mississippi Sound. If the marsh is counted, the Jacobs site could qualify for a casino.
Submerged marshlands
marsh land, is that like ah flood plain?
let me getzzz this right, land? casino to be built on it.
DHCC re; interesting;
Legal Notice out to apply for Site Approval and Gaming license
The Sunherald has our legal notice in the paper today. Check out Sunherald classifieds for the link.
LEGAL NOTICE NOTICE OF INTENT TO APPLY FOR A GAMING LICENSE MISSISSIPPI GAMING COMMISSION POST OFFICE BOX 23577 JACKSON, MS 39 225-3577 We, the officers and Directors of Mississippi Gaming Corporation, intend to make and have filed an application for an on shore gaming establishment to be located in Diamondhead,
Mississippi, in Hancock County, under the provisions of the Mississippi Gaming Control Act. If granted a license, we currently intend to operate as a Mississippi limited liability company (to be formed) in conjunction with Casino World, Inc., at a site in the City of Diamondhead, Hancock County, Mississippi.
This site will contain approximately 50 acres (more or less).
The establishment will be located in a permanent structure to be located in whole or in part on shore and will not make excursions from this location.
No portion of the gaming area of the establishment will be located more than eight hundred (800) feet from the nineteen (19) year mean high water line as defined in Mississippi Code Annotated Section 29-15-1.
The applicant anticipates that the casino will contain approximately 1250 slot machines and approximately 40 table games and an estimated 80,000 square feet of gaming space. The site is located on the eastern side of a parcel of land located at 7051 Interstate 10, Diamondhead, Mississippi 39525, identified as tax parcel number 131-0-01-001.000 in Hancock County, Mississippi.
The site is located south of Interstate 10, north of the Bay of St. Louis, not less than one mile east of Yacht Club Drive and approximately 100 feet west of the Hancock County/ Harrison County boundary line.
The complete legal description of the property is available from Deborah Vitale, 1013 Princess Street, Alexandria, VA 22314. 1. Mississippi Gaming Corporation, a Delaware Corporation, is located at 1013 Princess Street, Alexandria, Virginia 22314. ADV24,1,8,3TUE 1541079 Less
Could DMR opinion limit legal casino sites? Appraiser says some property values would dive
By ANITA LEE
calee@sunherald.comJune 23, 2014
2014-06-24T03:48:04Z
By ANITA LEE Sun_Herald
MS Commission set to deny Jacobs right across the street. DHCC has zero marsh land. This stock could erupt closer to site approval
Legal Notice out to apply for Site Approval and Gaming license
The Sunherald has our legal notice in the paper today. Check out Sunherald classifieds for the link.
LEGAL NOTICE NOTICE OF INTENT TO APPLY FOR A GAMING LICENSE MISSISSIPPI GAMING COMMISSION POST OFFICE BOX 23577 JACKSON, MS 39 225-3577 We, the officers and Directors of Mississippi Gaming Corporation, intend to make and have filed an application for an on shore gaming establishment to be located in Diamondhead, Mississippi, in Hancock County, under the provisions of the Mississippi Gaming Control Act. If granted a license, we currently intend to operate as a Mississippi limited liability company (to be formed) in conjunction with Casino World, Inc., at a site in the City of Diamondhead, Hancock County, Mississippi. This site will contain approximately 50 acres (more or less). The establishment will be located in a permanent structure to be located in whole or in part on shore and will not make excursions from this location. No portion of the gaming area of the establishment will be located more than eight hundred (800) feet from the nineteen (19) year mean high water line as defined in Mississippi Code Annotated Section 29-15-1. The applicant anticipates that the casino will contain approximately 1250 slot machines and approximately 40 table games and an estimated 80,000 square feet of gaming space. The site is located on the eastern side of a parcel of land located at 7051 Interstate 10, Diamondhead, Mississippi 39525, identified as tax parcel number 131-0-01-001.000 in Hancock County, Mississippi. The site is located south of Interstate 10, north of the Bay of St. Louis, not less than one mile east of Yacht Club Drive and approximately 100 feet west of the Hancock County/ Harrison County boundary line. The complete legal description of the property is available from Deborah Vitale, 1013 Princess Street, Alexandria, VA 22314. 1. Mississippi Gaming Corporation, a Delaware Corporation, is located at 1013 Princess Street, Alexandria, Virginia 22314. ADV24,1,8,3TUE 1541079 Less
when dis happen? dhcc
ASYI BAEA CJYF CDXP DHCC EMDY QMIN: SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72416.pdf
According to the Mississippi Gaming Authority 2 inquires have been made for site approval. I'm assuming the company is trying to get on July schedule. With Ted Arneault running the game the stock could erupt
http://seekingalpha.com/article/2137833-diamondhead-casino-corporation-this-company-just-might-be-worth-a-spin
Mississippi Gaming Commission recent said DHCC has made 2 inquires for site approval. Don't forget Ted Arneault former president: MNTG is now and charge. Stock could erupt on when-ever site approval occurs
like to get ah bead on this amyya
Yes, that was a few days.
amyya gaming, are they private co.?
MGA says DHCC has made 2 recent inquires on site approval casino application. Appears company could be going in front of the Mississippi Gaming commission next few weeks. Expecting current financials very near term, due in part Rule 1.4 of MGA regulation updated fins.
Gaming Commission of Mississippi has said DHCC made 2 recent inquires for site approval. Expectation of hearing could be July.
Very interesting here w/ MTR Gaming (Nasdaq:MNTG) prior CEO taking over DHCC.
Casino plans re-surface in Diamondhead
DHCC
http://www.wlox.com/story/25159275/casino-plan-re-surfaces-in-diamondhead
Big news out: Diamondhead Casino Corporation Closes On First $1 Million Of $3 Million Convertible Debenture Offering And Appoints Ted Arneault As Chairman Of The Board Of Directors