Diamondhead Casino (DHCC) 10-Q 28 Jun 21 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	Jun. 28, 2021
Cover [Abstract]
Entity Registrant Name	DIAMONDHEAD CASINO CORP
Entity Central Index Key	0000844887
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		36,297,576
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash	$ 234	$ 1,966
Total current assets	234	1,966
Land (Note 3)	5,476,097	5,476,097
Other assets	80	80
Total assets	5,476,411	5,478,143
Current liabilities:
Accounts payable and accrued expenses due related parties (Note 4)	5,156,340	4,914,175
Accounts payable and accrued expenses - others (Note 4)	3,458,870	3,273,360
Convertible notes and line of credit payable (Note 5)	1,962,500	1,962,500
Debenture payable (net of unamortized finance costs of $0 and $236, respectively) (Note 6)	50,000	49,764
Convertible debenture payable (net of unamortized finance costs of $7,654 and $14,731, respectively) (Note 6)	1,792,346	1,785,269
Short term notes and interest bearing advance (Note 7)	80,504	80,504
Notes payable due related parties (Note 8)	554,436	552,321
Total current liabilities	13,054,996	12,617,893
Notes payable due others (Note 9)	50,000	50,000
Total liabilities	13,104,996	12,667,893
Commitments and contingencies (Notes 3 and 11)
Stockholders' deficit:
Preferred stock, $0.01 par value; shares authorized 5,000,000, outstanding 2,086,000 at March 31, 2020 and December 31, 2019 (aggregate liquidation preference of $2,519,080 at March 31, 2020 and December 31, 2019)	20,860	20,860
Common stock, $0.001 par value; shares authorized 50,000,000, issued: 39,052,472 at March 31, 2020 and December 31, 2019 outstanding: 36,297,576 at March 31, 2020 and December 31, 2019	39,052	39,052
Additional paid-in capital	35,313,037	35,313,037
Unearned ESOP shares	(2,965,070)	(2,965,070)
Accumulated deficit	(39,887,054)	(39,448,219)
Treasury stock, at cost, 766,251 shares at March 31, 2020 and December 31, 2019	(149,410)	(149,410)
Total stockholders' deficit	(7,628,585)	(7,189,750)
Total liabilities and stockholders' deficit	$ 5,476,411	$ 5,478,143

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares outstanding	2,086,000	2,086,000
Preferred stock, liquidation preference, value	$ 2,519,080	$ 2,519,080
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	39,052,472	39,052,472
Common stock, shares outstanding	36,297,576	36,297,576
Treasury stock, shares	766,251	766,251
Debenture Payable [Member]
Unamortized finance costs	$ 0	$ 236
Convertible Debentures Payable [Member]
Unamortized finance costs	$ 7,654	$ 14,731

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
COSTS AND EXPENSES
Administrative and general	$ 193,428	$ 187,699
Other	16,912	15,968
Total costs and expenses	210,340	203,667
Interest expense:
Related parties	124,974	106,609
Other	78,121	74,382
Change in derivative indemnification liability		658,350
Litigation settlement		(36,000)
Total other expense (income), net	203,095	803,341
NET LOSS	(413,435)	(1,007,008)
PREFERRED STOCK DIVIDENDS	(25,400)	(25,400)
NET LOSS APPLICABLE TO COMMON STOCKHOLDERS	$ (438,835)	$ (1,032,408)
Weighted average common shares outstanding - basic and diluted	36,297,576	36,297,576
Net loss per common share - basic and diluted	$ (0.012)	$ (0.028)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Deficiency (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Preferred Stock [Member]
Balance	$ 20,860	$ 20,860
Balance, shares	2,086,000	2,086,000
Dividends
Net loss
Balance	$ 20,860	$ 20,860
Balance, shares	2,086,000	2,086,000
Common Stock [Member]
Balance	$ 39,052	$ 39,052
Balance, shares	39,052,472	39,052,472
Dividends
Net loss
Balance	$ 39,052	$ 39,052
Balance, shares	39,052,472	39,052,472
Additional Paid-In Capital [Member]
Balance	$ 35,313,037	$ 35,430,445
Dividends
Net loss
Balance	35,313,037	35,430,445
Unearned ESOP [Member]
Balance	$ (2,965,070)	$ (3,083,672)
Balance, shares	1,988,645	2,068,190
Dividends
Net loss
Balance	$ (2,965,070)	$ (3,083,672)
Balance, shares	1,988,645	2,068,190
Accumulated Deficit [Member]
Balance	$ (39,448,219)	$ (38,070,603)
Dividends	(25,400)	(25,400)
Net loss	(413,435)	(1,007,008)
Balance	(39,887,054)	(39,103,011)
Treasury Stock [Member]
Balance	$ (149,410)	$ (148,216)
Balance, shares	766,251	686,706
Dividends
Net loss
Balance	$ (149,410)	$ (148,216)
Balance, shares	766,251	686,706
Balance	$ (7,189,750)	$ (5,812,134)
Dividends	(25,400)	(25,400)
Net loss	(413,435)	(1,007,008)
Balance	$ (7,628,585)	$ (6,844,542)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net loss	$ (413,435)	$ (1,007,008)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization	7,313	7,233
Change in derivative indemnification liability		658,350
Changes in operating assets and liabilities:
Other current assets		13,704
Accounts payable and accrued expenses - related parties	216,765	197,138
Accounts payable and accrued expenses - other	185,510	110,715
Net cash used in operating activities	(3,847)	(19,868)
Cash flows from financing activities:
Proceeds from notes payable issued to related parties	2,115	60,408
Payments of notes payable issued to related parties		(36,167)
Proceeds from short term notes and interest bearing advances		2,734
Payments of short term notes		(483)
Net cash provided by financing activities	2,115	26,492
Net (decrease) increase in cash	(1,732)	6,624
Cash at beginning of year	1,966
Cash at end of year	234	6,624
Supplemental disclosure of cash flow information:
Cash paid for interest		841
Supplemental disclosure of non-cash financing activities:
Unpaid preferred stock dividends in accounts payable and accrued expenses	$ 25,400	$ 25,400

Organization and Business

Organization and Business	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business	Note 1. Organization and Business Diamondhead Casino Corporation and its Subsidiaries (the “Company”) own a total of approximately 400 acres of unimproved land in Diamondhead, Mississippi (“the Property”). Active subsidiaries of the Company include Mississippi Gaming Corporation, which owns the approximate 400-acre site and Casino World, Inc. The Company’s intent was to construct a casino resort and other amenities on the Property unilaterally or, in conjunction with one or more joint venture partners. However, the Company has been unable to date, to obtain financing to move the project forward and/or enter into a joint venture partnership. Due to its lack of financial resources and certain law suits filed against it, the Company has been forced to explore other alternatives, including a sale of part or all of the Property. The Company’s preference is to sell only part of the Property inasmuch as this would appear to be in the best interest of the stockholders of the Company. However, there can be no assurance the Company will be able to sell only part of the Property. The Company intends to continue to pursue a joint venture partnership and/or other financing while seeking a viable purchaser for part or all of the Property. Thus, on March 25, 2019, Mississippi Gaming Corporation entered into a brokerage agreement with an unrelated third party to seek a buyer for all or part of the Property or, alternatively, to seek a joint venture partner for the project. The brokerage agreement has expired, but the Company continues to work with the broker on the same terms under the contract.

Liquidity and Going Concern

Liquidity and Going Concern	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity and Going Concern	Note 2. Liquidity and Going Concern These unaudited condensed consolidated financial statements have been prepared on the basis that the Company is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses over the past several years, has no operations, generates no operating revenues, and as reflected in the accompanying unaudited condensed consolidated financial statements, incurred a net loss applicable to common stockholders of $438,835 for the three months ended March 31, 2020. In addition, the Company had an accumulated deficit of $39,887,054 at March 31, 2020. Due to its lack of financial resources and certain lawsuits filed against it, the Company has been forced to explore other alternatives, including a sale of part or all of the Property. The Company has had no operations since it ended its gambling cruise ship operations in 2000. Since that time, the Company has concentrated its efforts on the development of its Diamondhead, Mississippi property. That development is dependent upon the Company obtaining the necessary capital, through either equity and/or debt financing, unilaterally or in conjunction with one or more partners, to master plan, design, obtain permits for, construct, open, and operate a casino resort. In the past, in order to raise capital to continue to pay on-going costs and expenses, the Company has borrowed funds, through Private Placements of convertible instruments as well as through other secured notes which are more fully described in Notes 5 through 9 to these unaudited condensed consolidated financial statements. The Company is in default with respect to payment of both principal and interest under the terms of most of these instruments. In addition, at March 31, 2020, the Company had $8,615,210 of accounts payable and accrued expenses and only $234 cash on hand. The above conditions raise substantial doubt as to the Company’s ability to continue as a going concern. COVID-19 The Company had no casino or other operations in 2020 when COVID-19 surfaced. Therefore, the Company did not experience the adverse consequences that other casino companies experienced from COVID-19 based on their cessation of casino-related operations. However, as a result of COVID, the Company’s sole employee, its President, was unable to travel domestically or internationally to meet with potential investors or potential joint venture partners or to meet with outside, independent contractors. The extent to which COVID-19 may have affected the market for financing new construction in the hospitality, hotel and casino industries given the impact of COVID-19 on this segment of the economy is unknown. The Company did not incur any extraordinary expenses as a result of COVID-19, nor did it obtain any loans under the CARES Act.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 3. Summary of Significant Accounting Policies The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and in conformity with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. However, we believe that the disclosures included in these unaudited condensed consolidated financial statements are adequate to make the information presented not misleading. The unaudited condensed consolidated financial statements included in this document have been prepared on the same basis as the annual consolidated financial statements and, in our opinion, reflect all adjustments, which include normal recurring adjustments necessary for a fair presentation in accordance with GAAP and SEC regulations for interim financial statements. The results for the three months ended March 31, 2020 are not necessarily indicative of the results that we will have for any subsequent period. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes to those statements for the year ended December 31, 2019, attached to our annual report on Form 10-K. Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of Diamondhead Casino Corporation and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Land Land held for development is carried at cost. Costs directly related to site development, such as licensing, permitting, engineering, and other costs, are capitalized. Land development costs, which have been capitalized, consist of the following at March 31, 2020 and December 31, 2019: Land $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 Total land $ 5,476,097 Fair Value Measurements The Company follows the provisions of ASC Topic 820 “Fair Value Measurements” for financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. The standard discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The standard utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Input other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable input that reflects management’s own assumptions. The fair value measurement of the derivative indemnification liability at March 31, 2020 and December 31, 2019 listed in Note 4 below was developed using Level 1 inputs. Long-Lived Assets The Company reviews long-lived assets whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the assets to the estimated undiscounted future cash flows projected to be generated by the assets. If such assets are considered impaired, the impairment to be recognized is measured by the amount the carrying value exceeds the fair value of such assets determined by appraisal, discounted cash flow projections, or other means. No impairment existed at March 31, 2020. Net Loss per Common Share Basic loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share is calculated by using the weighted average number of common shares outstanding, plus other potentially dilutive securities. Potentially dilutive securities are excluded from the computation of diluted loss per shares since their effect would be antidilutive. Common shares outstanding consist of issued shares, including allocated and committed shares held by the ESOP trust, less shares held in treasury. The dilutive securities below do not include 5,055,555 potentially convertible Debentures since the requirements for possible conversion have not yet been met and may never be met. The table below summarizes the components of potential dilutive securities at March 31, 2020 and 2019. March 31, March 31, Description 2020 2019 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 3,415,000 3,415,000 Convertible Promissory Notes 1,925,000 1,925,000 Total 5,600,000 5,600,000 Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes (Topic 740)(“ASU 2019-12”) No other recent accounting pronouncements were issued by FASB and the SEC that are believed by management to have a material impact on the Company’s present or future financial statements.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Note 4 Accounts Payable and Accrued Expenses The table below outlines the elements included in accounts payable and accrued expenses at March 31, 2020 and December 31, 2019: March 31, December 31, Description 2020 2019 Related parties: Accrued payroll due officers $ 2,744,711 $ 2,669,711 Accrued interest due officers and directors 1,461,601 1,336,626 Accrued director fees 591,250 568,750 Base rents due to the President 253,652 240,050 Associated rental costs 87,818 81,730 Other 17,308 17,308 Total related parties $ 5,156,340 $ 4,914,175 Non-related parties: Accrued interest $ 2,077,354 $ 2,006,545 Accrued dividends 889,000 863,600 Accrued fines and penalties 158,500 140,100 Other 334,016 263,115 Total non-related parties $ 3,458,870 3,273,360

Convertible Notes and Line of C

Convertible Notes and Line of Credit	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Convertible Notes and Line of Credit	Note 5. Convertible Notes and Line of Credit Line of Credit In 2008, the Company entered into an agreement with an unrelated third party for an unsecured Line of Credit up to a maximum of $1,000,000. The Line of Credit carries an interest rate on amounts borrowed of 9% per annum. All funds originally advanced under the facility were due and payable by November 1, 2012. As an inducement to provide the facility, the lender was awarded an immediate option to purchase 50,000 shares of common stock of the Company at $1.75 per share. In addition, the lender received an option to purchase a maximum of 250,000 additional shares of common stock of the Company at $1.75 per share. The options expire following repayment in full by the Company of the amount borrowed. The Company is in default under the repayment terms of the agreement. At March 31, 2020 and December 31, 2019, the unpaid principal and accrued interest due on the obligation totaled $1,965,614 and $1,943,422, respectively. Convertible Notes Pursuant to a Private Placement Memorandum dated March 1, 2010, the Company offered Units consisting of a two year unsecured, convertible promissory note in the principal amount of $25,000 with interest at 12% per annum. The Promissory Notes were convertible into 50,000 shares of common stock of the Company upon issuance and for a period of five years at the option of the investor. The conversion rights have expired. Pursuant to an additional Private Placement Memorandum dated October 25, 2010, the Company offered Units consisting of a two year unsecured, convertible promissory note in the principal amount of $25,000. The Promissory Notes bear interest at 9% per annum and were convertible into 50,000 shares of common stock of the Company upon issuance and for a period of five years at the option of the investor. The conversion rights have expired. The Convertible Notes issued pursuant to the two Private Placements discussed above total $962,500 in principal and became due and payable beginning in March 2012 and extending to various dates through June 2013.As of the date of the filing of this report, all of the aforementioned debt obligations remain unpaid and in default under the repayment terms of the notes. In November 2020, the Superior Court of the State of Delaware awarded Judgments in favor of certain holders of these Promissory Notes who filed suit against the Company. As a result, the Company must carry an aggregate of $486,796 (total principal and interest) as debt owed to these noteholders. As of March 31, 2020 and December 31, 2019, all Notes issued had a total outstanding principal of $962,500 and accrued interest, including the additional interest awarded pursuant to the Court Judgments of $779,647 and $754,991, respectively. The table below summarizes the Company’s debt arising from the above-described sources as of March 31, 2020 and December 31, 2019: March 31, 2020 December 31, 2019 Private placements - March 1, 2010* $ 475,000 $ 475,000 Private placements - October 25, 2010 487,500 487,500 $ 962,500 $ 962,500 *Of the 2010 placements above, $75,000 is due to a related party.

Convertible Debentures Payable

Convertible Debentures Payable	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Convertible Debentures Payable	Note 6. Convertible Debentures Payable Pursuant to a Private Placement Memorandum dated February 14, 2014 (the “Private Placement”), the Company offered up to a maximum of $3,000,000 of Collateralized Convertible Senior Debentures to accredited or institutional investors. The Offering was conducted contingent on the deposit into Escrow of the purchase price for all of the Debentures offered in the principal amount of $3,000,000. The Debentures, once issued, originally bore interest at 4% per annum after 180 days, mature six years from the date of issuance, and were secured by a lien on the Company’s Mississippi property. The interest rate on these debentures was raised pursuant to a settlement agreement. The debentures were offered in three tranches as follows: (a) $1,000,000 of First Tranche Collateralized Convertible Senior Debentures convertible into an aggregate of 3,333,333 shares of Common Stock of the Company at a conversion price of $.30 per share (the “First Tranche Debentures”); (b) $1,000,000 of Second Tranche Collateralized Convertible Senior Debentures, convertible into an aggregate of 2,222,222 shares of Common Stock of the Company at a conversion price of $.45 per share (the “Second Tranche Debentures”); and (c) $1,000,000 of Third Tranche Collateralized Convertible Senior Debentures, convertible into either 1,818,182 shares of Common Stock or 1,333,333 shares of Common Stock of the Company, at a conversion price of $.55 or $.75 per share depending upon certain conditions described in the Private Placement Memorandum (the “Third Tranche Debentures”). The conversion rights on each issued Debenture carry an Anti-Dilution Provision. If the Company issues any shares of Common Stock or other securities after March 31, 2014 at a price per security that is less than the conversion price of a Debenture, then the Debenture shall have a new conversion price equal to the price per security that is less than the Conversion Price of the Debenture. The foregoing provision shall not apply to the following: (a) The issuance of any of the other Debentures in the Offering or the issuance of shares of Common Stock upon conversion of any of the Debentures in the Offering; (b) The issuance of any shares of Common Stock if such issuance relates to an agreement, arrangement or grant to issue shares of Common Stock entered into by the Company prior to the Issue Date of the First Tranche Debentures in the Offering, including but not limited to, for example, previously issued convertible promissory notes, previously issued warrants, previously issued options to purchase Common Stock, or common stock vested or to be issued pursuant to a pre-existing Employee Stock Ownership Plan. The Anti-Dilution Provisions with respect to a Debenture terminate the earlier of (a) the date (if ever) the Company receives an “Approval to Proceed” from the Mississippi Gaming Commission to develop a casino/hotel on the Property, (b) the date on which the Debenture is converted in full, (c) the date on which the Debenture is paid in full, or (d) the Final Maturity Date of the Debenture (as defined in the Debenture). Since the issuance of the Debentures, there have been no events that would trigger the above anti-dilution provisions. When originally issued, in the event the Company failed to meet the conditions for conversion of the Debentures, the First Tranche Convertible Debentures, which total $950,000, would have been due on March 31, 2020 and the Second Tranche Convertible Debentures, which total $850,000, would have been due December 31, 2020. The sole remaining non-convertible Debenture in the amount of $50,000 would have been due March 31, 2020. However, the Company is in default with respect to interest payments due under the Debenture agreements in the amount of $371,581 and as a result, the Debentures payable are reported as current liabilities. Certain Debenture holders sued the Company for failing to make payments due under the terms of the Debentures and the case was settled. See Note 15 below. Total accrued interest due on all outstanding Debentures amounted to $371,581 and $353,233 at March 31, 2020 and December 31, 2019, respectively.

Short Term Notes and Interest B

Short Term Notes and Interest Bearing Advance	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Short Term Notes and Interest Bearing Advance	Note 7. Short Term Notes and Interest Bearing Advance Promissory Note On June 9, 2017, the Company entered into a Promissory Note with an unrelated lender in exchange for proceeds in the amount of $15,000. Interest on the note is 12.5% per annum and payable March 1 of each year the note remains outstanding. Payment in full of the Note is due June 9, 2019. Mississippi Gaming Corporation, a wholly owned subsidiary of the Company, guaranteed the Note. In addition, the President of the Company agreed to personally guarantee the Note and to personally secure the Note with an assignment of proceeds due to her under the first lien on the Diamondhead property. The interest payment, which was due March 1, 2018, was not made. Accrued interest due on this obligation amounted to $5,276 and $4,803 at March 31, 2020 and December 31, 2019, respectively. Bank Credit Facility Wells Fargo Bank provides an unsecured credit facility of up to $15,000 to the Company. The facility requires a variable monthly payment of amounts borrowed plus interest, which is applied at 11.24% on direct charges and 24.99% on any cash advanced through the facility. At , a principal balance of $18,004 remained outstanding on the facility. The lending bank has since cancelled privileges under the facility for non-payment. Interest Bearing Advances In 2016, the Company received cash advances totaling $47,500 from seven lenders which included $22,500 from third parties (see Note 8 for related party advances). The proceeds from the cash advances were earmarked for the payment of accounting and auditing fees and other expenses required to file the Company’s Form 10-Q. On August 25, 2016, the Company issued a Note to the foregoing lenders, which matures four years from the date of issuance and bears interest at 8% per annum, with a full year of interest accruing in any year in which the advance remains unpaid. Accrued interest due on the above notes amounted to $9,800 and $7,600 at March 31, 2020 and December 31, 2019, respectively. On February 2, 2017, the Company borrowed $25,000 from an unrelated third party. The Note carries an annual interest rate of approximately 12.5% and is past due. The Company is in default and as such, the lender may increase the interest rate due by an amount of up to 3% per annum in excess of the rate then otherwise applicable. The Company does not have the funds to repay the advance. The President of the Company has agreed to personally secure the note with an assignment of proceeds due to her under the first lien on the Property. Accrued interest on this obligation amounted to $9,880 and $9,092 at March 31, 2020 and December 31, 2019, respectively. The above short-term notes and interest-bearing advances total $80,504 in aggregate and all are in default under the original agreed to terms.

Current Notes Payable Due to Re

Current Notes Payable Due to Related Parties	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Current Notes Payable Due to Related Parties	Note 8. Current Notes Payable Due to Related Parties In 2016, the Company received cash advances totaling $47,500 from seven lenders which included $25,000 from three Current Directors of the Company (see Note 7). The proceeds from the cash advances were earmarked for the payment of accounting and auditing fees and other expenses required to file the Company’s Form 10-Q. On August 25, 2016, the Company issued a Note to the foregoing lenders, which matures four years from the date of issuance and bears interest at 8% per annum, with a full year of interest accruing in any year in which the advance remains unpaid. Accrued interest due on the above notes amounted to $10,000 and $8,000 at March 31, 2020 and December 31, 2019, respectively. These amounts are included in current liabilities on the unaudited condensed consolidated balance sheets as of March 31, 2020 and December 31, 2019. This note is secured by the second lien. In July 2017, at the request of the Company, the current Chairman of the Board of Directors, who is also a Vice President of the Company (“the Chairman”), paid all property taxes due, together with all interest due thereon, to Hancock County, Mississippi on an approximate 400-acre tract of land, owned by Mississippi Gaming Corporation, a wholly-owned subsidiary of the Company. The total amount advanced was $67,628. The Chairman is one of the secured parties under that Land Deed of Trust recorded on September 26, 2014 in Hancock County, Mississippi, to secure Tranche I and Tranche II Debentures issued by the Company in 2014. Under paragraph 5 of the Land Deed of Trust, a secured party who advances sums for taxes due on the Property is secured by the same Land Deed of Trust, but only at that interest rate specified in the note representing the primary indebtedness, namely 4% per annum. The Chairman advanced the $67,628 on condition that: (is) the advance constitute a lien with interest at 4% per annum under that Land Deed of Trust recorded September 26, 2014; (ii) he be paid additional interest of 11% per annum on the amount advanced and owing and that the full 11% interest per annum is payable during any calendar year in which all or part of the amount advanced and owing or interest due thereon remains unpaid; (iii) this additional interest obligation be treated as a separate and secured debt of the Company, to be evidenced by a separate note and is secured with a separate and third lien to be placed on the Property (hereafter “the Third Lien”); (iv) the entire obligation will be treated as an advance to be paid out of any subsequent incoming financing obtained by the Company or any amounts recovered by the Company from a defendant in that collection action brought by the Company in the Circuit Court of Montgomery County, Maryland; and (v) he be indemnified for any losses sustained on the sale of that common stock sold to cover the payment of real estate property taxes and any credit card fees associated with payment. The Chairman has identified the common stock to be sold and will provide the Company with the documentation required to document the sale of said stock and to calculate the future loss, if any, on said stock. The fair value measurement of the derivative indemnification liability at March 31, 2020 and December 31, 2019 was developed using Level 1 inputs, which was valued at $0. On June 30, 2018, Mississippi Gaming Corporation issued a secured promissory note, due one year from the date of issue, to the Chairman for an amount up to $100,000 to cover the principal and interest due with respect to this note. On August 21, 2018, Mississippi Gaming Corporation placed a third lien on the Property to secure this obligation for $100,000. Accrued interest on the note amounted to $37,012 and $28,906 at March 31, 2020 and December 31, 2019, respectively. In March of 2018, the Board of Directors voted to increase up to an additional $200,000 the amount secured by the third lien in favor of the Chairman of the Board, for amounts advanced by the Chairman on behalf of the Company, on the following terms and conditions, namely, that (is) the advance constitutes a lien on the Property with interest at 15% per annum; (ii) that the full interest of 15% per annum is payable during any calendar year in which all or part of the amount advanced is due and owing or interest due thereon remains unpaid; (iii) that this debt be evidenced by a separate promissory note and is to be included in and secured with a third lien that is to be placed on the Diamondhead Property to secure previous advances made to the Company (hereafter “the Third Lien”); (iv) that he be indemnified for any losses sustained on the sale of his common stock in an unrelated publicly-traded company to be sold to cover this advance based on a sales price of approximately $2.80 per share with a cap on the maximum loss per share to be at a sales price of $10.00 per share; and (v) that the Chairman’s previous indemnification approved by the Board of Directors on July 24, 2017 with respect to any loss on the sale of the same stock also be capped at a maximum of $10.00 per share. The Chairman will provide the Company with the documentation required to document the sale of said stock and to calculate the losses on said stock for all amounts loaned to the Company from the sale of said stock. On June 30, 2018, Mississippi Gaming Corporation issued a secured promissory note, due one year from the date of issue to the Chairman, for an amount up to $200,000 to cover the principal and interest due with respect to this note. On August 21, 2018, Mississippi Gaming Corporation placed a third lien on the Diamondhead Property to secure this obligation for $200,000. In November of 2018, the Board of Directors voted to increase up to an additional $100,000 of advances from the Chairman and in March of 2019, the Board of Directors voted to increase the limit of the advances to $200,000. The terms of this advance are identical to the terms as approved above in March 2018. At March 31, 2020, the Chairman had advanced a total of $398,274, net of repayment of $16,250, under both the March 2018 and March 2019 arrangements and was owed accrued interest in the amount of $129,981 and $80,384 at March 31, 2020 and December 31, 2019, respectively. On July 24, 2017, the President of the Company, who is a Director of the Company, agreed to advance the Company up to $20,000 for the payment of expenses. In March of 2018, the Board of Directors voted to increase to up to $100,000 the amount to be secured by a third lien in favor of the President of the Company for amounts advanced by the President under this note, on the following terms and conditions, namely, that (i) she be paid interest of 15% per annum on the amount advanced and owing and that the full 15% interest per annum is payable during any calendar year in which all or part of the amount advanced and owing or interest due thereon remains unpaid; (ii) the obligation in the maximum principal amount of $100,000 with interest due thereon be treated as a secured debt of the Company, to be evidenced by a separate note and to be secured with a separate lien to be placed on the Diamondhead Property (“the Third Lien”) together with the Chairman’s Third Lien, as well as a first lien to be placed on the residential lot owned by the Company; (iii) that the Third Lien on the Diamondhead Property also include the two loans ($25,000 and $15,000) and interest due thereon and credit facilities in the maximum amount of $15,000; and (iv) that the foregoing will be treated as advances to be paid out of any subsequent incoming financing obtained by the Company or any amounts recovered by the Company from a defendant in that collection action brought by the Company in the Circuit Court of Montgomery County, Maryland. As of March 31, 2020, the President had advanced a total of $41,162, net of repayments of $19,917, under this agreement. The President previously agreed to secure a $25,000 loan and interest due thereon and to secure and guarantee a $15,000 loan and interest due thereon due non-related parties discussed above. The President is also personally liable for certain bank-issued credit cards used by the Company to pay expenses incurred by the Company in the approximate amount of $18,000. On June 30, 2018, Mississippi Gaming Corporation issued a secured promissory note, due one year from date of issue, to the President for an amount up to $100,000 to cover the principal and interest due with respect to this note. On August 21, 2018, Mississippi gaming Corporation placed a third lien on the Diamondhead Property to secure this obligation for $100,000. Accrued interest due on this note amounted to $20,452 and $14,278 at March 31, 2020 and December 31, 2019, respectively. The third lien placed on the Diamondhead Property, which secures the above three promissory notes, totals up to $400,000 and is payable to the Chairman of the Board ($300,000) and President ($100,000) of the Company. The principal balance of the notes payable to the officers and directors discussed above were due in September 2019 and totaled $439,436 and $437,321 in aggregate, at March 31, 2020 and December 31, 2019, respectively. In 2016, the Chairman of the Board of Directors of the Company loaned the Company $90,000. On August 25, 2016, the Company issued a Note to the Chairman of the Board. The Note bears interest at 14% per annum effective August 1, 2016 and matures four years from the date of issuance. Accrued interest due on the above note amounted to $46,188 and $ 43,082 at March 31, 2020 and December 31, 2019, respectively. The note is currently in default.

Long-Term Notes Payable Due Oth

Long-Term Notes Payable Due Others	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Long-Term Notes Payable Due Others	Note 9. Long-Term Notes Payable Due Others In October 2017, the Company entered into a settlement with a holder of $150,000 of convertible notes as described in Note 5 above. As part of the settlement, the Company agreed to pay legal fees in the amount of $50,000 and issued a four year note at 0% interest to satisfy this obligation.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	Note 10. Related Party Transactions As of March 31, 2020, the President of the Company is owed deferred salary in the amount of $2,541,996 and the Vice President and the current Chairman of the Board of Directors of the Company is owed deferred salary in the amount of $121,140. The Board of directors agreed to pay interest at 9% per annum on the foregoing amounts owed. Interest expense under this agreement amounted to $57,990 and $51,333 during the three months ended March 31, 2020 and 2019, respectively. Total interest accrued under this agreement totaled $1,152,429 and $1,094,439 as of March 31, 2020 and December 31, 2019, respectively. The Company has a month-to-month lease with the President and then-Chairman of the Board of Directors of the Company, for office space in a furnished and fully equipped townhouse office building owned by the President in Alexandria, Virginia. The lease calls for monthly base rent in the amount of $4,534 and payment of associated costs of insurance, real estate taxes, utilities and other expenses. Rent expense associated with this lease amounted to base rent in the amount of $13,602 and associated rental costs of $6,088 for a total of $19,690 for the three months ended March 31, 2020 and base rent of $13,602 and associated rental costs of $5,042 for a total of $18,644 for the three months ended March 31, 2019. No payments associated with the base rents were made in the quarter ended March 31, 2020. At March 31, 2020 and December 31, 2019, amounts owing for base rent and associated rental costs totaled $341,470 and $321,780, respectively. Directors of the Company are entitled to a director’s fee of $15,000 per year for their services. The Company has been unable to pay directors’ fees to date. A total of $591,250 and $568,750 was due and owing to the Company’s current and former directors as of March 31, 2020 and December 31, 2019, respectively. Directors have previously been compensated and may, in the future, be compensated for their services with cash, common stock, or options to purchase common stock of the Company. See Notes 4, 5, 7, 8, 9 and 11 for other related party transactions.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11. Commitments and Contingencies Liens As of March 31, 2020, there were three liens on the Company’s Diamondhead, Mississippi Property as follows: The Company’s obligations under the Collateralized Convertible Senior Debentures are secured by a first lien on the Company’s Diamondhead, Mississippi property (the “Investors Lien”). On March 31, 2014, the Company issued $1 million of First Tranche Collateralized Convertible Senior Debentures and, on December 31, 2014, the Company issued $850,000 of Second Tranche Collateralized Convertible Senior Debentures. Thus, on September 26, 2014, a first lien was placed on the Diamondhead Property in favor of the Investors to secure the principal due in the amount of $1,850,000 and interest due thereon. The Investors Lien is in pari passu On December 16, 2016, the Company filed a second lien on the Diamondhead Property in the maximum amount of $250,000 to secure certain notes payable, including notes to related parties, totaling $137,500 in principal and accrued interest incurred. On August 21, 2018, the Company filed a third lien on the Diamondhead Property for up to $400,000 to secure notes issued to the Chairman and President of the Company arising in the third quarter of 2017 and during 2018, as more fully described in Notes 8. Other The Company is currently delinquent in filing those documents and forms required to be filed in connection with its Employee Stock Ownership Plan (“ESOP”) for the year ended December 31, 2019, 2018, 2017, 2016 and 2015. The Company did not have the funds to pay professionals to prepare, audit and file these documents and forms when due. Although these required filings normally do not result in any tax due to an agency of the government, the Company could be subject to significant penalties for failure to file these forms when due. Penalties are assessed by the Department of Labor on a per diem basis from the original due dates for the required informational filings until the filings are actually made. The Company has accrued $158,500 and $140,100 on the current delinquent filings as of March 31, 2020 and December 31, 2019, respectively. The Company intends to bring its ESOP-required filings current and when current, will attempt to enroll in a voluntary compliance program with the Department of Labor with respect to any penalties or fines incurred. However, there can be no assurance the Company will be able to enroll in any such program or obtain a reduction of the fines and penalties that may be due. The Company has not filed its consolidated federal tax returns for the years ended December 31, 2019, 2018, 2017 and 2016. The Company believes no tax is due with that return. Casino World, Inc. a wholly owned subsidiary of the Company, is delinquent with respect to the filing of their franchise tax annual reports for 2019, 2018, 2017 and 2016 with the state of Delaware and the state of Mississippi. Management Agreement On June 19, 1993, two subsidiaries of the Company, Casino World Inc. and Mississippi Gaming Corporation, entered into a Management Agreement with Casinos Austria Maritime Corporation (CAMC). Subject to certain conditions, under the Management Agreement, CAMC would operate, on an exclusive basis, all of the Company’s proposed dockside gaming casinos in the State of Mississippi, including any operation fifty percent (50%) or more of which is owned by the Company or its affiliates. Unless terminated earlier pursuant to the provisions of the Agreement, the Agreement terminates five years from the first day of actual Mississippi gaming operations and provides for the payment of an annual operational term management fee of 1.2% of all gross gaming revenues between zero and $100,000,000; plus 0.75% of gross gaming revenue between $100,000,000 and $140,000,000; plus 0.5% of gross gaming revenue above $140,000,000; plus two percent of the net gaming revenue between zero and $25,000,000; plus three percent of the net gaming revenue above twenty-five million dollars $25,000,000. The Company believes this Agreement is no longer in effect. However, there can be no assurance that CAMC will not attempt to maintain otherwise which would lead to litigation.

Pending and Threatened Litigati

Pending and Threatened Litigation	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Pending and Threatened Litigation	Note 12. Pending and Threatened Litigation CASE SETTLED Edson R. Arneault, Kathleen Devlin and James Devlin, J. Steven Emerson, Emerson Partners, J. Steven Emerson Roth IRA, Steven Rothstein, and Barry Stark and Irene Stark v. Diamondhead Casino Corporation (In the United States District Court for the District of Delaware (C.A. No. 1:16-cv-00989-LPS) On October 25, 2016, the above-named Debenture holders filed a Complaint against Diamondhead Casino Corporation (the Company) in the United States District Court for the District of Delaware for monies due and owing pursuant to certain Collateralized Convertible Senior Debentures issued on March 31, 2014 and December 31, 2014. The plaintiffs were seeking $1.4 million, plus interest from January 1, 2015, together with costs and fees. The Company was served with the Complaint on October 31, 2016. On November 21, 2016, the Company filed a motion to dismiss for lack of subject matter jurisdiction due to failure to plead diversity. On February 21, 2017, the plaintiffs filed a motion for leave to amend their complaint based upon declarations of citizenship filed with the court. On September 26, 2017, the motion for leave to amend was granted and the Company’s motion to dismiss was granted in part and denied in part. The Court also granted plaintiffs leave to file a Second Amended Complaint which was filed on October 2, 2017. On October 16, 2017, the Company filed Defendant’s Answer and Affirmative Defenses and Counterclaim. On November 2, 2017, the Plaintiffs filed an Answer to the Counterclaim. The parties exchanged discovery in the case. On September 27, 2018, the Plaintiffs’ filed a motion for summary judgment. On October 18, 2018, the Company filed its opposition to the motion for summary judgment. On November 8, 2018, the Plaintiff’s filed their reply to the Company’s opposition. On January 2, 2019, the Court canceled the trial previously scheduled for March 22, 2019. On April 2, 2019, the Court heard argument on the Plaintiff’s motion for summary judgment. On June 4, 2019, the Court denied Plaintiffs’ motion for summary judgment. On June 14, 2019, the Plaintiffs filed a motion for leave to file a third amended complaint. On June 26, 2019, the Company filed an opposition to the motion. On July 1, 2019, the plaintiffs filed their reply. On July 24, 2019, the Court denied the motion for leave to amend without prejudice. On June 7, 2019, the Court scheduled a mediation conference for July 11, 2019. At the mediation conference the parties reached a settlement. On December 12, 2019, the parties entered into a written Settlement Agreement. The Settlement Agreement, in addition to other terms and conditions provides, in pertinent part, as follows: i) in the event Mississippi Gaming Corporation (“MGC”) entered into a contract for the sale of the Diamondhead Property on or before December 31, 2019, the Plaintiffs would be paid the principal due under the debentures and interest stated in the debentures of four percent (4%) per annum through the payment date; ii) in the event MGC entered into a contract for the sale of the Property on or before June 30, 2020, the Plaintiffs would be paid the principal due under the debentures, interest of four percent (4%) per annum through December 31, 2019 and, beginning January 1, 2020, interest of five percent (5%) per annum through the payment date; iii) in the event MGC has not entered into a contract for the sale of the Property on or before June 30, 2020, but has done so on or before December 31, 2021, the Plaintiffs would be paid the principal due under the debentures, interest of four percent (4% ) per annum through December 31, 2019 and, beginning January 1, 2020, interest of six percent (6%) per annum through the payment date; and iv) if MGC has not entered into a contract for the sale of the Property on or before December 31, 2021, the Plaintiffs will be entitled to a Judgment for the principal due under the debentures, interest of four percent (4%) per annum through December 31, 2019 and, beginning January 1, 2020, interest of six percent (6%) per annum through the date of Judgment. Following entry of Judgment, interest will accrue at the then post-judgment rate of interest charged pursuant to the laws of the State of Delaware. There is a provision for the payment of reasonable attorneys fees to counsel for Plaintiffs in the event MGC has not entered into a contract for the sale of the Property on or before December 31, 2019. If the parties cannot agree on the amount that constitutes reasonable attorneys fees, the parties will submit the matter to the Court for determination, but in no event will such fees exceed $160,000 unless there is a default in the Settlement Agreement. On January 13, 2020, the parties filed a Stipulation of Voluntary Dismissal with Prejudice in the case. The principal and interest pertaining to the settlement above has been accrued through March 31, 2020. CASE SETTLED John Hawley, as servicing agent for Argonaut 2000 Partners, L.P. v. Diamondhead Casino Corporation On February 28, 2019, the above-named Debenture holder filed a Complaint against the Company in the Superior Court of the State of Delaware for monies due and owing pursuant to certain Collateralized Convertible Senior Debentures issued on March 31, 2014 and December 31, 2014. The plaintiff was seeking $100,000, plus interest from January 1, 2015, together with costs and fees. The Company was served with the Complaint on March 8, 2019. On March 28, 2019, the Company filed its Answer, Affirmative Defenses and Counterclaim and Affidavit of Defense. The plaintiff in this case is represented by the same law firms that represent plaintiffs in the above-referenced case. Thus, at the mediation conference held on July 11, 2019 in the above case, the parties agreed that the same settlement agreement reached in that case would apply to the plaintiff in this case as well. A Stipulation of Dismissal With Prejudice was filed in the case on January 13, 2020. The principal and interest pertaining to the settlement above has been accrued through March 31, 2020. CASE SETTLED Sussman v. Diamondhead Casino Corporation In November 2016, the Company filed a Foreign Judgment with the Circuit Court of Montgomery County, Maryland to collect a judgment that had been entered against Plaintiff and other Petitioners who had filed a Chapter 7 Involuntary Bankruptcy Petition against the Company in the United States Bankruptcy Court for the District of Delaware. The Bankruptcy Court found that the Petition had been filed in bad faith and for improper purposes and awarded the Company attorney’s fees. In February 2017, the Plaintiff filed a Motion to Reopen and Vacate the Foreign Judgment. The Circuit Court entered judgment in favor of the Company and ordered the Plaintiff to post a cash bond with the Court in the amount of $36,000. The Plaintiff appealed the lower court’s decision to the Court of Special Appeals of Maryland which affirmed the decision. The Plaintiff then filed a Petition for Writ of Certiorari in the Court of Appeals of Maryland which denied the Petition. In March 2019, the Company collected the $36,000. CASE DECIDED Arnold J. Sussman, Robert Skaff and David J. Towner v. Diamondhead Casino Corporation On November 9, 2018, Sussman filed suit against the Company for breach of a Promissory Note issued November 10, 2010, in the principal amount of $50,000, with interest payable at 9% per annum, with a maturity date of November 10, 2012. Plaintiff sought payment of principal of $50,000 and interest due from June 30, 2012 to present. On November 28, 2018, Skaff and Towner also filed suit against the Company in the same court for breach of Promissory Notes (Case No. N18C-11-232 ALR). Skaff filed suit i) for breach of a note issued on November 29, 2010 in the principal amount of $37,500 with interest payable at 9% per annum, with a maturity date of November 29, 2012 and ii) for breach of a note issued on June 21, 2011, in the principal amount of $25,000 with interest payable at 9% per annum, with a maturity date of June 21, 2013. Towner filed suit for breach of a note issued on November 29, 2010, in the principal amount of $25,000 with interest payable at 9% per annum, with a maturity date of November 29, 2012. The cases were consolidated for hearing and trial. On February 15, 2019, the Plaintiffs filed their Consolidated Complaint. On March 7, 2019, the Company filed its Answer and Affirmative Defenses and Affidavit of Defense. On or about April 1, 2020, the Plaintiffs filed a motion for summary judgment and a brief in support thereof. The Company filed a brief in opposition. On July 13, 2020, the Court heard oral argument on the motion. On November 13, 2020, the Court granted Plaintiffs’ motion for summary judgment. On December 4, 2020, the Court entered a Final Order and Judgment in the case awarding judgment to Plaintiffs as follows: i) Sussman: $88,151.46; ii) Skaff: $109,978.93; and iii) Towner: $44,127.68. Post-judgment interest was awarded in accordance with the legal rate in Delaware (5% plus the federal discount rate). The principal and interest pertaining to the settlement above has been accrued through March 31, 2020.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 13. Subsequent Events On November 6, 2020, the Board of Directors of the Company voted to extend to December 31, 2023, a total of 2,965,000 options to purchase common stock previously awarded to officers, directors and current and former employees of the Company. The options were scheduled to expire on December 31, 2020. On November 9, 2020, the Board of Directors voted to award 1,290,000 options to purchase common stock to its six current directors, including three officers of the Company, at a strike price of $0.46 per share with an expiration date of December 31, 2023, as follows: Martin Blount: 200,000; Daniel Burstyn: 40,000; Robert Crow: 100,000; Benjamin Harrell: 360,000; Gregory Harrison: 450,000 and Deborah Vitale: 140,000. All options are vested. In January 2021, a fourth lien in the amount of $2,000,000 was placed on the Property to secure a non-interest-bearing note payable in the amount of $2,000,000, issued to secure amounts owed to the President of the Company for accrued, but unpaid, salary, rent and other expenses. In February 2021, a fifth lien in the amount of $658,750 was placed on the Property to secure a non-interest-bearing note payable in the amount of $658,750, issued to secure amounts owed to nine directors, including the Company’s six current directors. In April 2021, six liens were placed on the Property to secure six non-interest-bearing notes payable to be issued to six lenders bringing total liens on the Property to eleven. The six notes issued total $252,500 in principal and call for the issuance of 250,000 shares of common stock. The notes are not convertible. As of the issuance date of these financial statements, no shares have been issued. The Company intends to place a twelfth and thirteenth lien on the Property in the second quarter of 2021 to secure two non-interest bearing notes issued in May of 2021 which total $50,000 in principal and call for the issuance of a total of 100,000 shares of common stock. The notes are not convertible. As of the issuance date of these financial statements, no shares have been issued. In July 2020, the Chairman of the Board of the Company paid a total of $67,076 for property taxes due for the year 2019 on the Company’s 400-acre Diamondhead, Mississippi Property plus $1,573 in related fees. The Company intends to place a fourteenth lien on the Property in the third quarter of 2021 to secure a promissory note in the amount of $150,000 issued to the Chairman of the Board of the Company to secure the payment of these taxes and interest due thereon. In May 2021, the Chairman of the Board of the Company paid a total of $62,610 for property taxes due for the year 2020 on the Company’s 400-acre Diamondhead, Mississippi Property plus $1,468 in related fees. The Company intends to place a fifteenth lien on the Property in the third quarter of 2021 to secure a promissory note in the amount of $100,000 issued to the Chairman of the Board of the Company to secure the payment of these taxes and interest due thereon. In May of 2021, the Chairman of the Board of the Company loaned the Company $50,000 on the same terms and conditions as loans made by certain unrelated third parties in 2020 and 2021. The Company intends to place a sixteenth lien on the Property in the third quarter of 2021 to secure this non-interest bearing note which totals $50,000 in principal and calls for the issuance of 100,000 shares of common stock. The notes are not convertible. As of the issuance date of these financial statements, no shares have been issued. Through the issuance date of this report, the President advanced additional funds totaling $12,489.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of Diamondhead Casino Corporation and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Estimates	Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Land	Land Land held for development is carried at cost. Costs directly related to site development, such as licensing, permitting, engineering, and other costs, are capitalized. Land development costs, which have been capitalized, consist of the following at March 31, 2020 and December 31, 2019: Land $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 Total land $ 5,476,097
Fair Value Measurements	Fair Value Measurements The Company follows the provisions of ASC Topic 820 “Fair Value Measurements” for financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. The standard discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The standard utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Input other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable input that reflects management’s own assumptions. The fair value measurement of the derivative indemnification liability at March 31, 2020 and December 31, 2019 listed in Note 4 below was developed using Level 1 inputs.
Long-lived Assets	Long-Lived Assets The Company reviews long-lived assets whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the assets to the estimated undiscounted future cash flows projected to be generated by the assets. If such assets are considered impaired, the impairment to be recognized is measured by the amount the carrying value exceeds the fair value of such assets determined by appraisal, discounted cash flow projections, or other means. No impairment existed at March 31, 2020.
Net Loss Per Common Share	Net Loss per Common Share Basic loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share is calculated by using the weighted average number of common shares outstanding, plus other potentially dilutive securities. Potentially dilutive securities are excluded from the computation of diluted loss per shares since their effect would be antidilutive. Common shares outstanding consist of issued shares, including allocated and committed shares held by the ESOP trust, less shares held in treasury. The dilutive securities below do not include 5,055,555 potentially convertible Debentures since the requirements for possible conversion have not yet been met and may never be met. The table below summarizes the components of potential dilutive securities at March 31, 2020 and 2019. March 31, March 31, Description 2020 2019 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 3,415,000 3,415,000 Convertible Promissory Notes 1,925,000 1,925,000 Total 5,600,000 5,600,000
Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes (Topic 740)(“ASU 2019-12”) No other recent accounting pronouncements were issued by FASB and the SEC that are believed by management to have a material impact on the Company’s present or future financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Schedule of Land Development Cost Capitalized	Land development costs, which have been capitalized, consist of the following at December 31, 2019 and 2018: Land held for development $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 $ 5,476,097
Schedule of Components of Potential Dilutive Securities	The table below summarizes the components of potential dilutive securities at December 31, 2019 and 2018. Description December 31, 2019 December 31, 2018 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 3,415,000 3,415,000 Convertible Promissory Notes 1,925,000 1,925,000 Total 5,600,000 5,600,000

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	The table below outlines the elements included in accounts payable and accrued expenses at March 31, 2020 and December 31, 2019: March 31, December 31, Description 2020 2019 Related parties: Accrued payroll due officers $ 2,744,711 $ 2,669,711 Accrued interest due officers and directors 1,461,601 1,336,626 Accrued director fees 591,250 568,750 Base rents due to the President 253,652 240,050 Associated rental costs 87,818 81,730 Other 17,308 17,308 Total related parties $ 5,156,340 $ 4,914,175 Non-related parties: Accrued interest $ 2,077,354 $ 2,006,545 Accrued dividends 889,000 863,600 Accrued fines and penalties 158,500 140,100 Other 334,016 263,115 Total non-related parties $ 3,458,870 3,273,360

Convertible Notes and Line of_2

Convertible Notes and Line of Credit (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Convertible Notes Payable	The table below summarizes the Company’s debt arising from the above-described sources as of March 31, 2020 and December 31, 2019: March 31, 2020 December 31, 2019 Private placements - March 1, 2010* $ 475,000 $ 475,000 Private placements - October 25, 2010 487,500 487,500 $ 962,500 $ 962,500 *Of the 2010 placements above, $75,000 is due to a related party.

Organization and Business (Deta

Organization and Business (Details Narrative)	Mar. 31, 2020a
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Area of land, owned	400

Liquidity and Going Concern (De

Liquidity and Going Concern (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss applicable to common stockholders	$ (438,835)	$ (1,032,408)
Accumulated deficit	(39,887,054)		$ (39,448,219)
Accounts payable and accrued expenses	8,615,210
Cash on hand	$ 234		$ 1,966

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Impairment of long-lived assets
Antidilutive securities excluded from computation of earnings per share	5,600,000	5,600,000
Convertible Debentures [Member]
Antidilutive securities excluded from computation of earnings per share	5,055,555

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Land Development Cost Capitalized (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Total Land	$ 5,476,097	$ 5,476,097
Land [Member]
Total Land	4,934,323	4,934,323
Licenses [Member]
Total Land	77,000	77,000
Engineering and Costs Associated With Permitting [Member]
Total Land	$ 464,774	$ 464,774

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Components of Potential Dilutive Securities (Details) - shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Total	5,600,000	5,600,000
Convertible Preferred Stock [Member]
Total	260,000	260,000
Options to Purchase Common Shares [Member]
Total	3,415,000	3,415,000
Convertible Promissory Notes [Member]
Total	1,925,000	1,925,000

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses - Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Accrued payroll due officers	$ 2,744,711	$ 2,669,711
Accrued interest due officers and directors	1,461,601	1,336,626
Accrued director fees	591,250	568,750
Base rents due to the President	253,652	240,050
Associated rental costs	87,818	81,730
Other	17,308	17,308
Total related parties	5,156,340	4,914,175
Accrued interest	2,077,354	2,006,545
Accrued dividends	889,000	863,600
Accrued fines and penalties	158,500	140,100
Other	334,016	263,115
Total non-related parties	$ 3,458,870	$ 3,273,360

Convertible Notes and Line of_3

Convertible Notes and Line of Credit (Details Narrative) - USD ($)	Oct. 25, 2010	Mar. 01, 2010	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2008	Nov. 30, 2020	Oct. 31, 2017	Sep. 26, 2014
Line of credit facility, maximum borrowing capacity					$ 1,000,000
Line of credit interest rate					9.00%
Debt instrument, maturity date					Nov. 1, 2012
Debt instrument, interest rate, stated percentage								4.00%
Convertible notes			$ 1,962,500	$ 1,962,500
Private Placement [Member]
Convertible notes			962,500	962,500
Line of Credit [Member]
Number of options awarded					50,000
Share-based compensation arrangement by share-based payment award, options, vested, weighted average grant date fair value					$ 1.75
Line of credit, principal and accrued interest			1,965,614	1,943,422
Line of Credit [Member] | Lender [Member] | Maximum [Member]
Number of options awarded					250,000
Share-based compensation arrangement by share-based payment award, options, vested, weighted average grant date fair value					$ 1.75
Convertible Promissory Note [Member]
Debt instrument, face amount							$ 150,000
Convertible Promissory Note [Member] | March 1, 2010 Private Placement [Member]
Debt instrument, term		2 years
Debt instrument, face amount		$ 25,000
Debt instrument, interest rate, stated percentage		12.00%
Debt instrument, convertible, number of equity instruments		50,000
Debt instrument, convertible, terms of conversion feature		The Promissory Notes were convertible into 50,000 shares of common stock of the Company upon issuance and for a period of five years at the option of the investor.
Convertible Promissory Note [Member] | October 25, 2010 Private Placement [Member]
Debt instrument, term	2 years
Debt instrument, face amount	$ 25,000
Debt instrument, interest rate, stated percentage	9.00%
Debt instrument, convertible, number of equity instruments	50,000
Debt instrument, convertible, terms of conversion feature	Convertible into 50,000 shares of common stock of the Company upon issuance and for a period of five years at the option of the investor. The conversion rights have expired.
Convertible notes			487,500	487,500
Convertible Promissory Note [Member] | Private Placement [Member]
Convertible notes			962,500	962,500
Accrued interest			$ 779,647	$ 754,991
Convertible Promissory Note [Member] | Private Placement [Member] | Subsequent Event [Member]
Debt instrument principal and interest						$ 486,796

Convertible Notes and Line of_4

Convertible Notes and Line of Credit - Schedule of Convertible Notes Payable (Details) - USD ($)		Mar. 31, 2020	Dec. 31, 2019
Convertible notes payable		$ 1,962,500	$ 1,962,500
March 1, 2010 Private Placement [Member] | Convertible Promissory Note [Member]
Convertible notes payable	[1]	475,000	475,000
October 25, 2010 Private Placement [Member] | Convertible Promissory Note [Member]
Convertible notes payable		487,500	487,500
Private Placement [Member]
Convertible notes payable		962,500	962,500
Private Placement [Member] | Convertible Promissory Note [Member]
Convertible notes payable		$ 962,500	$ 962,500
[1]	Of the 2010 placements above, $75,000 is due to a related party.

Convertible Notes and Line of_5

Convertible Notes and Line of Credit - Schedule of Convertible Notes Payable (Details) (Parenthetical) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
March 1, 2010 Private Placement [Member] | Convertible Promissory Note [Member]
Due to a related party	$ 75,000	$ 75,000

Convertible Debentures Payable

Convertible Debentures Payable (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2008	Dec. 31, 2019	Sep. 26, 2014
Debt instrument, interest rate, stated percentage				4.00%
Convertible debenture payable	$ 1,792,346		$ 1,785,269
Debt maturity date		Nov. 1, 2012
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member]
Maximum offering amount	3,000,000
Debt instrument face amount	$ 3,000,000
Debt instrument, interest rate, stated percentage	4.00%
Debt instrument, maturity date, description	Mature six years from the date of issuance
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 1 [Member]
Collateralized convertible senior debentures	$ 1,000,000
Conversion of debenture into shares of common stock	3,333,333
Debt instrument, convertible, conversion price	$ 0.30
Convertible debenture payable	$ 950,000
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 2 [Member]
Collateralized convertible senior debentures	$ 1,000,000
Conversion of debenture into shares of common stock	2,222,222
Debt instrument, convertible, conversion price	$ 0.45
Convertible debenture payable	$ 850,000
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 3 [Member]
Collateralized convertible senior debentures	$ 1,000,000
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 3 [Member] | Minimum [Member]
Conversion of debenture into shares of common stock	1,818,182
Debt instrument, convertible, conversion price	$ 0.55
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 3 [Member] | Maximum [Member]
Conversion of debenture into shares of common stock	1,333,333
Debt instrument, convertible, conversion price	$ 0.75
February 14, 2014 Private Placement [Member] | Non-convertible Senior Debentures [Member]
Convertible debenture payable	$ 50,000
Debentures [Member]
Debt instrument face amount	$ 371,581
Third Tranche Debentures [Member]
Debt maturity date	Mar. 31, 2020
Convertible Debentures [Member]
Accrued interest due	$ 371,581		$ 353,233

Short Term Notes and Interest_2

Short Term Notes and Interest Bearing Advance (Details Narrative) - USD ($)	Jun. 09, 2017	Feb. 02, 2017	Aug. 25, 2016	Dec. 31, 2016	Dec. 31, 2008	Mar. 31, 2020	Dec. 31, 2019	Sep. 26, 2014
Debt interest rate								4.00%
Debt instrument, maturity date					Nov. 1, 2012
Line of credit facility, maximum borrowing capacity					$ 1,000,000
Short term borrowings						$ 80,504	$ 80,504
Seven Lenders [Member]
Cash received advances				$ 47,500
Three Current Directors [Member]
Cash received advances				$ 22,500
Seven Lenders and Three Current Directors [Member]
Debt interest rate			8.00%
Accrued interest						9,800	7,600
Debt matures term			4 years
Lender [Member]
Increase in interest rate per annum		3.00%
Unrelated Third Party [Member]
Debt interest rate		12.50%
Accrued interest						9,880	9,092
Short term borrowings		$ 25,000
Promissory Note [Member]
Proceeds from notes payable	$ 15,000
Debt interest rate	12.50%
Debt instrument, maturity date	Jun. 9, 2019
Accrued interest						5,276	4,803
Bank Credit Facility [Member]
Line of credit facility, maximum borrowing capacity						15,000
Line of credit						$ 18,004	$ 18,004
Bank Credit Facility [Member] | Direct Charges [Member]
Line of credit, interest rate						11.24%
Bank Credit Facility [Member] | Cash Advanced Through Facility [Member]
Line of credit, interest rate						24.99%

Current Notes Payable Due to _2

Current Notes Payable Due to Related Parties (Details Narrative)

Aug. 21, 2018USD ($)

Jun. 30, 2018USD ($)

Jul. 24, 2017USD ($)

Jun. 09, 2017

Aug. 25, 2016

Aug. 25, 2016

Mar. 31, 2018USD ($)

Jul. 31, 2017USD ($)a

Mar. 31, 2020USD ($)a

Mar. 31, 2019USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2008USD ($)

Dec. 31, 2019USD ($)

Nov. 30, 2018USD ($)

Sep. 26, 2014

Debt instrument, interest rate, stated percentage

4.00%

Area of land, owned | a

400

Repayment of related party debt

$ 36,167

Proceeds from related parties

2,115

$ 60,408

Credit facilities, maximum amount

$ 1,000,000

Debt instrument, maturity date

Nov. 1, 2012

Notes payable to officers and directors

554,436

$ 552,321

Promissory Note [Member]

Debt instrument, interest rate, stated percentage

12.50%

Accrued interest due

5,276

4,803

Debt instrument, maturity date

Jun. 9, 2019

Mississippi Gaming Corporation [Member] | Secured Promissory Note [Member]

Accrued interest due

37,012

28,906

Chairman [Member]

Debt instrument, interest rate, stated percentage

15.00%

Debt instrument, face amount

$ 200,000

$ 100,000

Terms on advances from chairman description

The advance constitutes a lien on the Property with interest at 15% per annum; (ii) that the full interest of 15% per annum is payable during any calendar year in which all or part of the amount advanced is due and owing or interest due thereon remains unpaid; (iii) that this debt be evidenced by a separate promissory note and is to be included in and secured with a third lien that is to be placed on the Diamondhead Property to secure previous advances made to the Company (hereafter "the Third Lien"); (iv) that he be indemnified for any losses sustained on the sale of his common stock in an unrelated publicly-traded company to be sold to cover this advance based on a sales price of approximately $2.80 per share with a cap on the maximum loss per share to be at a sales price of $10.00 per share; and (v) that the Chairman's previous indemnification approved by the Board of Directors on July 24, 2017 with respect to any loss on the sale of the same stock also be capped at a maximum of $10.00 per share. The Chairman will provide the Company with the documentation required to document the sale of said stock and to calculate the losses on said stock for all amounts loaned to the Company from the sale of said stock. On June 30, 2018, Mississippi Gaming Corporation issued a secured promissory note, due one year from the date of issue to the Chairman, for an amount up to $200,000 to cover the principal and interest due with respect to this note. On August 21, 2018, Mississippi Gaming Corporation placed a third lien on the Diamondhead Property to secure this obligation for $200,000.

Chairman [Member] | March 2018 and March 2019 [Member]

Accrued interest due

129,981

80,384

Debt instrument, face amount

398,274

Repayment of related party debt

16,250

Board of Directors [Member] | March 2019 [Member]

Debt instrument, face amount

$ 200,000

President [Member]

Debt instrument, interest rate, stated percentage

9.00%

Secured obligation

$ 100,000

Repayment of related party debt

$ 19,917

Proceeds from related parties

$ 20,000

Incurred expenses

18,000

Due from officers

41,162

President [Member] | Loan One [Member]

Loan amount

$ 25,000

25,000

President [Member] | Loan Two [Member]

Loan amount

15,000

15,000

President [Member] | Two Loans [Member]

Credit facilities, maximum amount

15,000

President [Member] | Third Lien [Member]

Loan amount

100,000

President [Member] | Secured Promissory Note [Member]

Accrued interest due

20,452

14,278

Maximum [Member] | Board of Directors [Member]

Proceeds from related parties

$ 100,000

Related party transaction, terms and manner of settlement

Interest of 15% per annum on the amount advanced and owing and that the full 15% interest per annum is payable during any calendar year in which all or part of the amount advanced and owing or interest due thereon remains unpaid; (ii) the obligation in the maximum principal amount of $100,000 with interest due thereon be treated as a secured debt of the Company, to be evidenced by a separate note and to be secured with a separate lien to be placed on the Diamondhead Property ("the Third Lien") together with the Chairman's Third Lien, as well as a first lien to be placed on the residential lot owned by the Company; (iii) that the Third Lien on the Diamondhead Property also include the two loans ($25,000 and $15,000) and interest due thereon and credit facilities in the maximum amount of $15,000; and (iv) that the foregoing will be treated as advances to be paid out of any subsequent incoming financing obtained by the Company or any amounts recovered by the Company from a defendant in that collection action brought by the Company in the Circuit Court of Montgomery County, Maryland.

Maximum [Member] | President [Member]

Secured promissory note

$ 100,000

Level 1 [Member]

Fair value of derivative liability

0

Payable During any Calendar Year [Member]

Debt instrument, interest rate, stated percentage

11.00%

Seven Lenders [Member]

Cash received advances

$ 47,500

Three Current Directors [Member]

Cash received advances

22,500

Seven Lenders and Three Current Directors [Member]

Debt matures term

4 years

Debt instrument, interest rate, stated percentage

8.00%

8.00%

Accrued interest due

9,800

7,600

Debt instrument term

4 years

Chairman of the Board of Directors [Member]

Debt matures term

4 years

Debt instrument, interest rate, stated percentage

14.00%

14.00%

Increase (decrease) in property and other taxes payable

$ 67,628

Proceeds from related parties

$ 90,000

Debt instrument term

4 years

Chairman of the Board of Directors [Member] | Promissory Note [Member]

Accrued interest due

46,188

$ 43,082

Chairman [Member]

Secured obligation

100,000

Chairman [Member] | Promissory Note [Member]

Secured obligation

$ 200,000

Chairman [Member] | Maximum [Member]

Secured promissory note

100,000

Chairman [Member] | Maximum [Member] | Promissory Note [Member]

Secured promissory note

$ 200,000

Mississippi Property [Member]

Area of land, owned | a

400

Diamondhead Property [Member]

Secured promissory note

400,000

Diamondhead Property [Member] | Chairman of Board [Member]

Secured promissory note

(300,000)

Diamondhead Property [Member] | President [Member]

Secured promissory note

$ (100,000)

Long-Term Notes Payable Due O_2

Long-Term Notes Payable Due Others (Details Narrative) - USD ($)	1 Months Ended
	Oct. 31, 2017	Sep. 26, 2014
Debt instrument, interest rate, stated percentage		4.00%
Four Year Note Issued In Settlement [Member]
Debt instrument term	4 years
Legal fees paid in settlement	$ 50,000
Debt instrument, interest rate, stated percentage	0.00%
Convertible Promissory Note [Member]
Debt instrument, face amount	$ 150,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Sep. 26, 2014
Debt instrument, interest rate, stated percentage				4.00%
Monthly base rent	$ 4,534
Base rent expense	13,602	$ 13,602
Associated rental costs	6,088	5,042
Rent expense associated with lease	19,690	18,644
Payments associated with base rents
Current And Former Directors [Member]
Accrued directors fees	591,250		$ 568,750
President [Member]
Accrued payroll due officers	$ 2,541,996
Debt instrument, interest rate, stated percentage	9.00%
Accrued rent	$ 341,470		321,780
Vice President and Current Chairman of Board of Directors [Member]
Accrued payroll due officers	121,140
Management [Member]
Interest expense	57,990	$ 51,333
Accrued interest	1,152,429		$ 1,094,439
Directors [Member]
Directors fees	$ 15,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	Sep. 26, 2014	Mar. 31, 2020	Dec. 31, 2019	Aug. 21, 2018	Dec. 16, 2016	Dec. 31, 2014	Mar. 31, 2014
Accrued current delinquent filings		$ 334,016	$ 263,115
Employee Stock Ownership Plan [Member]
Accrued current delinquent filings		$ 158,500	$ 140,100
Notes Payable Principal Due [Member]
Debt instrument, face amount					$ 137,500
Second Lien [Member]
Amount owed					$ 250,000
Third Lien [Member] | Diamondhead Property [Member]
Amount owed				$ 400,000
Casinos Austria Maritime Corporation [Member] | Management Agreement [Member]
Commitment description		On June 19, 1993, two subsidiaries of the Company, Casino World Inc. and Mississippi Gaming Corporation, entered into a Management Agreement with Casinos Austria Maritime Corporation (CAMC). Subject to certain conditions, under the Management Agreement, CAMC would operate, on an exclusive basis, all of the Company's proposed dockside gaming casinos in the State of Mississippi, including any operation fifty percent (50%) or more of which is owned by the Company or its affiliates. Unless terminated earlier pursuant to the provisions of the Agreement, the Agreement terminates five years from the first day of actual Mississippi gaming operations and provides for the payment of an annual operational term management fee of 1.2% of all gross gaming revenues between zero and $100,000,000; plus 0.75% of gross gaming revenue between $100,000,000 and $140,000,000; plus 0.5% of gross gaming revenue above $140,000,000; plus two percent of the net gaming revenue between zero and $25,000,000; plus three percent of the net gaming revenue above twenty-five million dollars $25,000,000. The Company believes this Agreement is no longer in effect. However, there can be no assurance that CAMC will not attempt to maintain otherwise which would lead to litigation.
Collateralized Convertible Senior Debentures [Member] | Investors Lien [Member] | Mississippi Property [Member]
Secure principal and interest amount due	$ 1,850,000
Collateralized Convertible Senior Debentures [Member] | Executives Lien [Member] | Mississippi Property [Member]
Amount owed		$ 2,000,000
Collateralized Convertible Senior Debentures [Member] | Tranche 1 [Member] | Investors Lien [Member]
Debt instrument, face amount							$ 1,000,000
Collateralized Convertible Senior Debentures [Member] | Tranche 2 [Member] | Investors Lien [Member]
Debt instrument, face amount						$ 850,000

Pending and Threatened Litiga_2

Pending and Threatened Litigation (Details Narrative) - USD ($)	Dec. 04, 2020	Dec. 12, 2019	Feb. 28, 2019	Nov. 28, 2018	Nov. 09, 2018	Jun. 09, 2017	Nov. 30, 2016	Oct. 25, 2016	Mar. 31, 2020	Dec. 31, 2008	Sep. 26, 2014
Debt instrument, interest rate, stated percentage											4.00%
Debt instrument maturity date										Nov. 1, 2012
Federal discount, Description									Post-judgment interest was awarded in accordance with the legal rate in Delaware (5% plus the federal discount rate). The principal and interest pertaining to the settlement above has been accrued through March 31, 2020.
Promissory Note [Member]
Debt instrument, interest rate, stated percentage						12.50%
Debt instrument maturity date						Jun. 9, 2019
Seven Debenture Holders US District Court Case [Member]
Loss contingency, damages sought, value			$ 100,000					$ 1,400,000
Settlement Agreement [Member] | Mississippi Gaming Corporation [Member]
Debt instrument, interest rate description		i) in the event Mississippi Gaming Corporation (“MGC”) entered into a contract for the sale of the Diamondhead Property on or before December 31, 2019, the Plaintiffs would be paid the principal due under the debentures and interest stated in the debentures of four percent (4%) per annum through the payment date; ii) in the event MGC entered into a contract for the sale of the Property on or before June 30, 2020, the Plaintiffs would be paid the principal due under the debentures, interest of four percent (4%) per annum through December 31, 2019 and, beginning January 1, 2020, interest of five percent (5%) per annum through the payment date; iii) in the event MGC has not entered into a contract for the sale of the Property on or before June 30, 2020, but has done so on or before December 31, 2021, the Plaintiffs would be paid the principal due under the debentures, interest of four percent (4% ) per annum through December 31, 2019 and, beginning January 1, 2020, interest of six percent (6%) per annum through the payment date; and iv) if MGC has not entered into a contract for the sale of the Property on or before December 31, 2021, the Plaintiffs will be entitled to a Judgment for the principal due under the debentures, interest of four percent (4%) per annum through December 31, 2019 and, beginning January 1, 2020, interest of six percent (6%) per annum through the date of Judgment
Attorneys fees		$ 160,000
Court of Special Appeals [Member]
Settlement amount							$ 36,000
Sussman [Member]
Loss contingency, damages sought, value					$ 50,000
Debt instrument maturity date					Jun. 30, 2012
Sussman [Member] | Subsequent Event [Member] | Settled Litigation [Member]
Loss contingency, damages sought, value	$ 88,151
Sussman [Member] | Promissory Note [Member] | November 10, 2010 [Member]
Debt instrument, face amount					$ 50,000
Debt instrument, interest rate, stated percentage					9.00%
Debt instrument maturity date					Nov. 10, 2012
Skaff and Towner [Member] | Promissory Note [Member] | November 29, 2010 [Member]
Debt instrument, face amount				$ 37,500
Debt instrument, interest rate, stated percentage				9.00%
Debt instrument maturity date				Nov. 29, 2012
Skaff and Towner [Member] | Promissory Note [Member] | June 21, 2011 [Member]
Debt instrument, face amount				$ 25,000
Debt instrument, interest rate, stated percentage				9.00%
Debt instrument maturity date				Jun. 21, 2013
Towner [Member] | Subsequent Event [Member] | Settled Litigation [Member]
Loss contingency, damages sought, value	44,127
Towner [Member] | Promissory Note [Member] | November 29, 2010 [Member]
Debt instrument, face amount				$ 25,000
Debt instrument, interest rate, stated percentage				9.00%
Debt instrument maturity date				Nov. 29, 2012
Skaff [Member] | Subsequent Event [Member] | Settled Litigation [Member]
Loss contingency, damages sought, value	$ 109,978

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)	Nov. 09, 2020$ / sharesshares	Nov. 06, 2020shares	Jun. 30, 2021USD ($)shares	May 31, 2021USD ($)a	Apr. 30, 2021USD ($)shares	May 31, 2020USD ($)a	Feb. 24, 2021USD ($)	Jan. 31, 2021USD ($)	Mar. 31, 2020a
Area of land | a									400
Subsequent Event [Member]
Options to purchase | shares	1,290,000
Share price per shares | $ / shares	$ 0.46
Options expiration date	Dec. 31, 2023
Subsequent Event [Member] | Unrelated Third Party [Member]
Non-interest-bearing note payable				$ 50,000
Subsequent Event [Member] | Diamondhead Property [Member] | Secured Promissory Note [Member]
Payments of secured debt				100,000		$ 150,000
Subsequent Event [Member] | Fourth Lien [Member] | Diamondhead Property [Member]
Amount owed								$ 2,000,000
Subsequent Event [Member] | Fifth Lien [Member] | Diamondhead Property [Member]
Amount owed							$ 658,750
Subsequent Event [Member] | Twelfth and Thirteenth Lien [Member] | Diamondhead Property [Member]
Non-interest-bearing note payable			$ 50,000
Subsequent Event [Member] | Sixteenth Lien [Member] | Diamondhead Property [Member]
Non-interest-bearing note payable			$ 50,000
Number of shares issued | shares			100,000
Subsequent Event [Member] | Martin Blount [Member]
Options to purchase | shares	200,000
Subsequent Event [Member] | Daniel Burstyn [Member]
Options to purchase | shares	40,000
Subsequent Event [Member] | Robert Crow [Member]
Options to purchase | shares	100,000
Subsequent Event [Member] | Benjamin Harrell [Member]
Options to purchase | shares	360,000
Subsequent Event [Member] | Gregory Harrison [Member]
Options to purchase | shares	450,000
Subsequent Event [Member] | Deborah Vitale [Member]
Options to purchase | shares	140,000
Subsequent Event [Member] | President [Member]
Additional funds advanced				12,489
Subsequent Event [Member] | President [Member] | Fourth Lien [Member]
Non-interest-bearing note payable								$ 2,000,000
Subsequent Event [Member] | Directors [Member] | Fifth Lien [Member]
Non-interest-bearing note payable							$ 658,750
Subsequent Event [Member] | Lender [Member] | Six Lien [Member] | Diamondhead Property [Member]
Non-interest-bearing note payable					$ 252,500
Subsequent Event [Member] | Chairman of Board [Member] | Diamondhead Property [Member]
Property taxes payable				62,610		67,076
Related fees to pay the property taxes				$ 1,468		$ 1,573
Area of land | a				400		400
Subsequent Event [Member] | Common Stock [Member]
Options to purchase | shares		2,965,000
Stock option description		On November 6, 2020, the Board of Directors of the Company voted to extend to December 31, 2023, a total of 2,965,000 options to purchase common stock previously awarded to officers, directors and current and former employees of the Company. The options were scheduled to expire on December 31, 2020.
Subsequent Event [Member] | Common Stock [Member] | Twelfth and Thirteenth Lien [Member] | Diamondhead Property [Member]
Number of shares issued | shares			100,000
Subsequent Event [Member] | Common Stock [Member] | Lender [Member] | Six Lien [Member] | Diamondhead Property [Member]
Number of shares issued | shares					252,500