On January 12, 2011, following the announcement of the new partnership between MVB Holdings and the Brosig, Sekul and Sims families, for the differently planned Biloxi, MS casino, John Payne, Caesars Entertainment Corp. central division president, stated, "We are disappointed that our project with Margaritaville will not proceed." This casino eventually opened, then closed a few years later. Recently, a Margaritaville resort opened on Highway 90 at the location of the old Grand Casino. This new resort does not have a casino.