Mississippi Coast city trying to collect millions from failed casino venture

Tuesday, May 14, 2024 3:34 PM
  • Anita Lee, Sun Herald

The company behind a failed casino venture in Gulfport’s harbor owes the city more than $1.8 million, plus 8% interest from the time a court judgment for that amount was entered in 2017.

Whether the money can be collected from Rotate Black MS LLC is another matter, but the city hasn’t given up trying. Court judgments must be renewed every seven years to remain valid, so Gulfport recently filed its notice of renewal before the original May 2017 judgment expires.

“As part of our standard procedures, the city periodically reviews and renews judgments for monetary relief to ensure they remain valid and collectible,” Public Information Officer Jase Payne said. “ . . . the associated costs are minimal. Our goal is to uphold the city’s financial interests efficiently and responsibly.”