The Gulfport City Council will consider a proposal to develop the Gulfport Harbor property where several developers over the years, starting with Donald Trump in 1993, have proposed by failed to develop a casino resort. The the Gulfport Redevelopment Commission solicited and received several proposals to develop the property.
Like the three proposals before it, the latest casino plan for the city's showcase harbor is far from a done deal.
The developers -- Virginia attorney Robert Lubin and Kentucky casino-company owner Kevin Preston -- still have to raise the money to build the casino, Lubin confirmed Wednesday. Lubin and Preston also must satisfy Mississippi Gaming Commission demands that any casino built in the state must have 300 hotel rooms with a three-diamond or higher rating; at least a 50,000-square-foot casino floor; a fine-dining restaurant; and a non-gambling amenity meant to grow the casino market. Lubin and Preston say they can build a casino resort on about 10 acres in the harbor for $140 million. "Based on our experience," Lubin said in an email, "we believe it is realistic."
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