The spin of the roulette wheel appears more alluring to Jermaine Jackson than the spin of some old Motown vinyl, as the former Jackson 5 member intends to build a $560 million casino resort in this U.S. Virgin Islands, officials said.
The 1,400-room resort will be constructed in Robin Bay, situated on the eastern end of St. Croix, and will be carried out in partnership with Connecticut developer Curtis Robinson.
Funding is apparently not 100 percent complete, according to Lt. Gov. Vargrave Richards, who said construction would not commence until all the financing was secured and in place.
U.S. Virgin Islands authorities have already approved a license for the casino, according to the politician, and the resort facilities are to include a golf course, time-share apartments and a conference centre.
Jackson was in St. Croix last week, attending festivities surrounding the inauguration of Gov. Charles Turnbull to a second four-year term as head of the territory`s government.
“I think this was the first opportunity for Mr. Jackson to see the property and to meet the governor,” Richards said.