LV company wins casino approval

Monday, June 19, 2000 | 11:03 a.m.

JACKSON, Miss. -- State gaming regulators approved a new resort casino in Waveland, giving developer Eric Nelson his third license in Mississippi since gambling was legalized.

The Gaming Commission voted unanimously last week for Phoenix Mississippi Inc.'s plans to open its Paradise Bay and Resort at the former Bayou Caddy casino site in Hancock County.

Phoenix is a subsidiary of Las Vegas-based Phoenix Leisure Corp.

Nelson, who has developed dockside gaming properties in Tunica and Greenville, said Paradise Bay will incorporate 72 hotel rooms, 40,000 square feet of space, 750 slot games and 20 table games.

"Our construction process would start within 60 to 90 days," he said. "We expect to see the property open up with 12 to 18 months."

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