Posted on: January 26, 2024, 01:48h.
Last updated on: January 26, 2024, 01:48h.
The Biloxi Yacht Club is under new ownership as the Biloxi Sun Herald reports.
Last August, Harry Mohney, the Las Vegas businessman best known for his Strip clubs, acquired the shuttered Margaritaville Casino on the Biloxi Back Bay for an undisclosed price. Mohney, whose Déjà Vu, Inc. operates nearly 200 strip clubs in the US, UK, Australia, France, Canada, and Mexico, wasn’t finished buying Biloxi real estate with the Margaritaville property.
Mohney, the Sun Herald reported, also purchased the Biloxi Yacht Club in a deal that closed around Thanksgiving. A longtime Biloxi institution dating back to the mid-1800s, making it one of the oldest sailing clubs in the country, the Yacht Club is shopping for a more protected waterfront property.
The organization has faced costly repairs from damages caused by Gulf coastal storms. The Yacht Club built the current facility located at Beach Blvd. and Kuhn St. after Hurricane Katrina leveled its previous home.
Biloxi Strip Club?
Biloxi is a major gaming destination for Southerners and Midwest residents but is lacking a premier gentlemen’s club — something many gamblers fancy.
Mohney’s Margaritaville building would presumably qualify for adult entertainment.
Margaritaville’s nearest church, school, kindergarten, or courthouse is the Vietnamese Buddhist Congregation along Oak St. The church is 1,600 feet from the Margaritaville property or a little more than 0.3 miles away.
Yacht Club Leasing Property
Biloxi Yacht Club officials say Mohney agreed to lease the property to the group for just a dollar a month until he determines what to do with his newly acquired asset. The club is responsible for the upkeep of the facility and paying its insurance premiums.
The Margaritaville property was listed for sale again, with Mohney emerging as the buyer. Reports surfaced that Mohney would seek to redevelop the Margaritaville Casino into a mixed-use retail and dining destination.