January 21, 2008

09/8/2006

Diamondhead Casino Corp. and Trump Entertainment Resorts Inc. announced that they have extended to October 23, 2006, the terms of a letter of intent signed on June 8, 2006, pursuant to which the parties intend to form a joint venture partnership to develop, build and operate a destination casino resort in Diamondhead, Mississippi. The joint venture would cover a minimum of forty acres within a 404-acre tract of land owned by Mississippi Gaming Corporation, a wholly-owned subsidiary of Diamondhead. The Diamondhead tract fronts Interstate 10 for approximately two miles and the Bay of St. Louis for approximately two miles and is located in Hancock County, Mississippi. The property is zoned as a Special Use District-Waterfront Gaming District by Hancock County.

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=355578

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