Diamondhead Casino is a shell company with no operations, no revenue, and one employee. The company's sole asset is an approximately 400-acre undeveloped property in Diamondhead, Mississippi, located at the intersection of Interstate 10 and the Gulf Coast. Diamondhead's stated goal is to develop this property into a destination casino resort with a casino floor, hotel, restaurants, and other amenities — but the project remains in a very early pre-development stage. The company has secured zoning approval and a Gaming Site Approval from the Mississippi Gaming Commission for a 50-acre site, but has not applied for a gaming license or development approval, and lacks the funds to pay architects, engineers, or attorneys needed to advance permitting. If built, the proposed casino would include at least 100,000 square feet of gaming space, a 300-room hotel, and a sports wagering facility. Revenue would come primarily from gaming (slot machines and table games), with ancillary revenue from hotel and food and beverage operations. The company has had no revenue since 2000, and its path to operations depends entirely on raising an undetermined amount of capital. Given its lack of funds, Diamondhead is also exploring selling part or all of the property.