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Financing Delays Myriad Botanical Resort in Tunica

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November 16, 2007

TUNICA - Myriad Entertainment & Resorts Inc, which plans a $1.3 billion destination resort in Tunica, has delayed its purchase of 500 acres of land for another 90 days. The company is working out financing issues and agreed with the seller to extend the closing date to February 15, 2008.

The land has been approved for Myriad to build its resort featuring six casinos, a 1000-room hotel, an arena, a golf course, and a water park.

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