Universal Music Turning Biloxi Hotel Into $1.2 Billion Casino Resort

Universal Music Group announced its plans to back a new casino resort is coming to Biloxi, Mississippi last Friday.

In partnership with the Dakia U-Ventures investment group, Universal Music Group announced plans for music-based hotel properties in Biloxi, as well as Atlanta, Georgia and Orlando, Florida in a press release on the company's official website.

The UMusic Broadwater Hotel will be a waterfront venue that features a large exterior screen facing a marina, an indoor concert hall, the Hard Rock Biloxi and other casino properties, according to renderings shared by the company.

Universal Music Group said the venue "will seamlessly integrate a stunning performance venue and a luxury hotel with an immersive architecture style."

A publicist confirmed the company plans to include casino gaming on the hotel property to AL.com.

“Through music’s unique power to inspire and unite – especially given UMG’s unparalleled roster of artists and labels – UMUSIC Hotels will both highlight these cities’ rich music heritages and provide new opportunities for artists to reach fans in immersive, innovative and authentic ways," said Bruce Resnikoff, president and CEO of Universal Music Enterprises via Friday's press release.

Universal Music Group is best known for recording and publishing music, which includes ownership of several notable labels including Cash Money Records, Capitol, Def Jam, Interscope and Geffen.

More information about the Biloxi resort and other planned Universal Music resorts can be found at https://www.umusic-hotels.com/.

Photo: Universal Music