Politician’s properties garner big bucks
Tuesday, May 31, 2005 | 9 a.m.
BILOXI, Miss. -- State Sen. Tommy Gollott, a lead author of the law that legalized dockside gambling, has made lots of money in land deals with casinos.
If the Bacaran Bay Casino project goes forward, he will make more. Bacaran Bay would be the fourth casino to pay rent to Gollott, a Democrat from Biloxi, and his brothers, Tyrone and Gary. The casino is proposed to go on land they inherited from their parents between Keegan Bayou and Caillavet Street, which the city of Biloxi is spending millions of dollars to upgrade.
The urban renewal was intended to bring retail shops to the blighted street. But the Gollotts and other property owners succeeded in getting the city to rezone part of the street for casinos.
They also succeeded in having the Mississippi Gaming Commission declare the location a legal gambling site.
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