While in the early days of gambling in Mississippi patrons arrived from other cities and states to the venues, other states close in proximity now have their own casinos, including Missouri and Tennessee. Tunica, a county of almost 10,000 residents, has long tied its economy to gambling, which has presented a problem as of late. The move is set to diversify the county’s offerings. The venue is intended to “complement the existing gaming and tourism industry in the region,” according to offering documents for the deal, which is unrated and will be sold to qualified investors in minimum denominations of $100,000, reports Bloomberg. The project is set to feature a convention center, two hotels, a water theme park and a youth sports complex. The county, one of the US top gambling destinations, will be selling about $148 million in urban renewal bonds to convert the former Harrah’s casino resort into a new “family-oriented” complex. Tunica County, Mississippi, will be issuing bonds this week in an effort to diminish its reliance on casinos.

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