UMG owns numerous record labels including EMI, Capital Records, Decca, and Def Jam. Going against the biggest music company in the industry, Hard Rock would be at a distinct competitive advantage. The location in Biloxi would compete directly with the existing Hard Rock Casino. One of the main goals of the plan is to build a “music-based experimental hotel.” This was the phrase used in a recent joint statement from the developers. This would be the first casino resort that is partially owned by a global music corporation. The Biloxi location is the only one with a casino included in the plans. Other cities include Atlanta and Orlando. The casino project is part of the new UMUSIC Hotel chain. As part of a joint venture with Dakia U-Ventures, plans are underway for $1.2 billion hotel and casino in Biloxi, Mississippi.ĭakia U-Ventures is a Miami-based investment group. It is now looking to make its presence felt in the MS casino industry. The Universal Music Group (UMG) is recognized as the biggest music company in the world.
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