Broadwater Development LLC
Encyclopedia
Broadwater Development is a casino holding company that is privately owned by Roy Anderson III, Cotton Fore, and Dezer Development Group.
for $82 million in a bankruptcy
action.
In February 2006, the company announced plans for the 261 acre (105.6 ha) that in controls including 248 acre (100.4 ha) it acquired in 2005. The plans included up to 10,000 hotel rooms and condominiums.
Foxwoods Development abandoned plans to purchase 15 acres (6.1 ha) of land from Broadwater for a casino on April 26, 2006.
History
On January 20, 2005 won a bid for the President Casino Broadwater ResortPresident Casino Broadwater Resort
The President Casino Broadwater Resort was a combined casino and resort that was located in Biloxi, Mississippi. It was a fixture on the Mississippi Gulf Coast for over 60 years....
for $82 million in a bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
action.
In February 2006, the company announced plans for the 261 acre (105.6 ha) that in controls including 248 acre (100.4 ha) it acquired in 2005. The plans included up to 10,000 hotel rooms and condominiums.
Foxwoods Development abandoned plans to purchase 15 acres (6.1 ha) of land from Broadwater for a casino on April 26, 2006.