Diamondhead Casino (DHCC) 10-Q 27 Sep 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Sep. 24, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	0-17529
Entity Registrant Name	DIAMONDHEAD CASINO CORPORATION
Entity Central Index Key	0000844887
Entity Tax Identification Number	59-2935476
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1013 Princess Street
Entity Address, City or Town	Alexandria
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22314
City Area Code	703
Local Phone Number	683-6800
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		36,297,576

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash	$ 194,023	$ 88,711
Total current assets	194,023	88,711
Land (Note 3)	5,476,097	5,476,097
Other assets	80	80
Total assets	5,670,200	5,564,888
Current liabilities:
Accounts payable and accrued expenses due related parties (Note 4)	6,200,238	5,729,129
Accounts payable and accrued expenses - others (Note 4)	3,989,847	3,833,680
Convertible notes and line of credit payable (Note 5)	1,962,500	1,962,500
Debenture payable (Note 6)	50,000	50,000
Convertible debenture payable (Note 6)	1,800,000	1,800,000
Short term notes and interest bearing advance (Note 7)	80,504	80,504
Notes payable due related parties (net of unamortized debt discount of $30,471 and $0, respectively) (Note 8)	720,212	636,605
Notes payable due others (net of unamortized debt discount of $82,163 and $46,135, respectively) (Note 9)	270,338	130,115
Stock issuance liability (Note 9)	184,500	26,250
Total liabilities	15,258,139	14,248,783
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 June 30, 2021 and December 31, 2020 (aggregate liquidation preference of $2,519,080 at June 30, 2021 and December 31, 2020)	20,860	20,860
Common stock, $0.001 par value; shares authorized 50,000,000, issued: 39,052,472 at June 30, 2021 and December 31, 2020 outstanding: 36,297,576 at June 30, 2021 and December 31, 2020	39,052	39,052
Additional paid-in capital	36,042,139	36,042,139
Unearned ESOP shares	(2,846,468)	(2,846,468)
Accumulated deficit	(42,677,408)	(41,773,364)
Treasury stock, at cost, 845,796 shares at June 30, 2021 and December 31, 2020	(166,114)	(166,114)
Total stockholders’ deficit	(9,587,939)	(8,683,895)
Total liabilities and stockholders’ deficit	$ 5,670,200	$ 5,564,888

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Unamortized debt discount	$ 30,471	$ 0
Debt Instrument, Unamortized Discount (Premium), Net	$ 82,163	$ 46,135
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	845,796	845,796

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
COSTS AND EXPENSES
Administrative and general	$ 168,312	$ 167,601	$ 337,770	$ 361,029
Other	17,287	16,912	34,199	33,824
Total costs and expenses	185,599	184,513	371,969	394,853
Interest expense:
Related parties	82,721	72,595	235,565	197,569
Other	94,482	62,006	173,960	140,127
Change in fair value of stock issuance liability	71,750		71,750
Total other expense	248,953	134,601	481,275	337,696
NET LOSS	(434,552)	(319,114)	(853,244)	(732,549)
PREFERRED STOCK DIVIDENDS	(25,400)	(25,400)	(50,800)	(50,800)
NET LOSS APPLICABLE TO COMMON STOCKHOLDERS	$ (459,952)	$ (344,514)	$ (904,044)	$ (783,349)
Weighted average common shares outstanding - basic and diluted	36,297,576	36,297,576	36,297,576	36,297,576
Net loss per common share - basic and diluted	$ (0.013)	$ (0.009)	$ (0.025)	$ (0.022)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Deficiency (Unaudited) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Balances at March 31, 2021	$ (9,127,987)	$ (8,683,895)	$ (7,628,585)	$ (7,189,750)	$ (8,683,895)	$ (7,189,750)
Dividends	(25,400)	(25,400)	(25,400)	(25,400)
Net loss	(434,552)	(418,692)	(319,114)	(413,435)	(853,244)	(732,549)
Balances at June 30, 2021	(9,587,939)	(9,127,987)	(7,973,099)	(7,628,585)	(9,587,939)	(7,973,099)
Preferred Stock [Member]
Balances at March 31, 2021	$ 20,860	$ 20,860	$ 20,860	$ 20,860	$ 20,860	$ 20,860
Balance, shares	2,086,000	2,086,000	2,086,000	2,086,000	2,086,000	2,086,000
Dividends
Net loss
Balances at June 30, 2021	$ 20,860	$ 20,860	$ 20,860	$ 20,860	$ 20,860	$ 20,860
Balance, shares	2,086,000	2,086,000	2,086,000	2,086,000	2,086,000	2,086,000
Common Stock [Member]
Balances at March 31, 2021	$ 39,052	$ 39,052	$ 39,052	$ 39,052	$ 39,052	$ 39,052
Balance, shares	39,052,472	39,052,472	39,052,472	39,052,472	39,052,472	39,052,472
Dividends
Net loss
Balances at June 30, 2021	$ 39,052	$ 39,052	$ 39,052	$ 39,052	$ 39,052	$ 39,052
Balance, shares	39,052,472	39,052,472	39,052,472	39,052,472	39,052,472	39,052,472
Additional Paid-in Capital [Member]
Balances at March 31, 2021	$ 36,042,139	$ 36,042,139	$ 35,313,037	$ 35,313,037	$ 36,042,139	$ 35,313,037
Dividends
Net loss
Balances at June 30, 2021	36,042,139	36,042,139	35,313,037	35,313,037	36,042,139	35,313,037
Unearned ESOP [Member]
Balances at March 31, 2021	$ (2,846,468)	$ (2,846,468)	$ (2,965,070)	$ (2,965,070)	$ (2,846,468)	$ (2,965,070)
Balance, shares	1,909,100	1,909,100	1,988,645	1,988,645	1,909,100	1,988,645
Dividends
Net loss
Balances at June 30, 2021	$ (2,846,468)	$ (2,846,468)	$ (2,965,070)	$ (2,965,070)	$ (2,846,468)	$ (2,965,070)
Balance, shares	1,909,100	1,909,100	1,988,645	1,988,645	1,909,100	1,988,645
Retained Earnings [Member]
Balances at March 31, 2021	$ (42,217,456)	$ (41,773,364)	$ (39,887,054)	$ (39,448,219)	$ (41,773,364)	$ (39,448,219)
Dividends	(25,400)	(25,400)	(25,400)	(25,400)
Net loss	(434,552)	(418,692)	(319,114)	(413,435)
Balances at June 30, 2021	(42,677,408)	(42,217,456)	(40,231,568)	(39,887,054)	(42,677,408)	(40,231,568)
Treasury Stock [Member]
Balances at March 31, 2021	$ (166,114)	$ (166,114)	$ (149,410)	$ (149,410)	$ (166,114)	$ (149,410)
Balance, shares	845,796	845,796	766,251	766,251	845,796	766,251
Dividends
Net loss
Balances at June 30, 2021	$ (166,114)	$ (166,114)	$ (149,410)	$ (149,410)	$ (166,114)	$ (149,410)
Balance, shares	845,796	845,796	766,251	766,251	845,796	766,251

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net loss	$ (434,552)	$ (319,114)	$ (853,244)	$ (732,549)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization			46,252	9,842
Change in fair value of stock issuance liability	71,750		71,750
Changes in operating assets and liabilities:
Accounts payable and accrued expenses - related parties			420,308	380,845
Accounts payable and accrued expenses - other			156,168	328,646
Net cash used in operating activities			(158,766)	(13,216)
Cash flows from financing activities:
Proceeds from note payable - others			150,000
Proceeds from notes payable issued to related parties			114,078	11,484
Net cash provided by financing activities			264,078	11,484
Net change in cash			105,312	(1,732)
Cash at beginning of period			88,711	1,966
Cash at end of period	$ 194,023	$ 234	194,023	234
Supplemental disclosure of cash flow information:
Cash paid for interest
Supplemental disclosure of non-cash financing activities:
Unpaid preferred stock dividends in accounts payable and accrued expenses			50,800	50,800
Stock issuance liability			$ 86,500

Organization and Business

Organization and Business	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business	Note 1. Organization and Business The Company owns, through its wholly-owned subsidiary, Mississippi Gaming Corporation, an approximate 400-acre undeveloped property located at 7051 Interstate 10, Diamondhead, Mississippi 39525 (hereafter “the Diamondhead Property” or “the Property”). The Company’s intent was and is 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. There can be no assurance that the substantial funds required for the design and construction of the project can be obtained or that such funds can be obtained on acceptable terms. In addition, the Company has been unable to obtain financing to sustain the Company. Due to its lack of financial resources and certain lawsuits filed by creditors against the Company, the Company was 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. Finally, there can be no assurance that if the requisite financing for the project were obtained and the project were constructed, that the project would be successful.

Liquidity and Going Concern

Liquidity and Going Concern	6 Months Ended
	Jun. 30, 2021
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 $ 904,044 42,677,408 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 June 30, 2021, the Company had $ 10,190,085 194,023 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 and 2021 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	6 Months Ended
	Jun. 30, 2021
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 and six months ended June 30, 2021 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, 2020, 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 June 30, 2021 and December 31, 2020: Schedule of Land Development Cost Capitalized 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. Financial instruments included in current assets and liabilities are reported in the unaudited condensed consolidated balance sheets, which approximate fair value due to their short term nature. The fair value measurement of the derivative indemnification liability at June 30, 2021 and December 31, 2020 listed in Note 8 below was developed using Level 1 inputs. The fair value measurement of the stock issuance liability was developed using Level 1 inputs as the liability was valued using quoted prices in active markets for identical assets or liabilities. 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 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 The table below summarizes the components of potential dilutive securities at June 30, 2021 and 2020. Schedule of Components of Potential Dilutive Securities June 30, June 30, Description 2021 2020 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 4,555,000 3,415,000 Total 4,815,000 3,675,000 Recently Issued Accounting Pronouncements Not Yet Adopted In November 2019, the FASB issued ASU 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivative and Hedging (Topic 815, and Leases (Topic 841) unaudited condensed consolidated financial position, results of operations, or cash flows. Recently Adopted Accounting Pronoucmenets 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	6 Months Ended
	Jun. 30, 2021
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 June 30, 2021 and December 31, 2020: Schedule of Accounts Payable and Accrued Expenses June 30, December 31, 2021 2020 Related parties: Accrued payroll due officers $ 3,119,711 $ 2,969,711 Accrued interest due officers and directors 1,917,717 1,682,152 Accrued director fees 703,750 658,750 Base rents due to the President 321,662 294,458 Associated rental costs 120,090 106,750 Other 17,308 17,308 Total related parties $ 6,200,238 $ 5,729,129 Non-related parties: Accrued interest 2,397,237 $ 2,269,530 Accrued dividends 1,016,000 965,200 Accrued fines and penalties 266,600 220,750 Other 310,010 378,200 Total non-related parties $ 3,989,847 $ 3,833,680

Convertible Notes and Line of C

Convertible Notes and Line of Credit	6 Months Ended
	Jun. 30, 2021
Convertible Notes And Line Of Credit
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 9 November 1, 2012 50,000 1.75 250,000 1.75 2,078,052 2,033,175 Convertible Notes Pursuant to a Private Placement Memorandum dated March 1, 2010, the Company offered Units consisting of a two year 25,000 12 The Promissory Notes were convertible into 50,000 Pursuant to an additional Private Placement Memorandum dated October 25, 2010, the Company offered Units consisting of a two year 25,000 9 convertible into 50,000 The Convertible Notes issued pursuant to the two Private Placements discussed above total $ 962,500 486,796 962,500 902,341 854,847 The table below summarizes the Company’s debt arising from the above-described sources as of June 30, 2021 and December 31, 2020: Schedule of Convertible Notes Payable June 30, 2021 December 31, 2020 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

Convertible Debentures

Convertible Debentures	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Convertible Debentures	Note 6. Convertible Debentures Pursuant to a Private Placement Memorandum dated February 14, 2014 (the “Private Placement”), the Company offered up to a maximum of $ 3,000,000 3,000,000 4 mature six years from the date of issuance (a) $ 1,000,000 3,333,333 .30 (b) $ 1,000,000 2,222,222 .45 (c) $ 1,000,000 1,818,182 1,333,333 .55 .75 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 March 31, 2020 850,000 December 31, 2020 50,000 March 31, 2020 464,081 464,081 427,081

Short Term Notes and Interest-B

Short Term Notes and Interest-Bearing Advance	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Short Term Notes and Interest-Bearing Advance	Note 7. Short Term Notes and Interest-Bearing Advance Promissory Notes 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 12.5 June 9, 2019 7,622 6,677 Bank Credit Facility Wells Fargo Bank provides an unsecured credit facility of up to $ 15,000 11.24 24.99 June 30, 2021 and December 31, 2020 , a principal balance of $ 18,004 Interest Bearing Advances In 2016, the Company received cash advances totaling $ 47,500 22,500 four years 8 12,000 9,800 On February 2, 2017, the Company borrowed $ 25,000 12.5 3 13,793 12,217 Of the amounts discussed above, $ 80,504

Current Notes Payable Due Relat

Current Notes Payable Due Related Parties	6 Months Ended
	Jun. 30, 2021
Current Notes Payable Due Related Parties
Current Notes Payable Due Related Parties	Note 8. Current Notes Payable Due Related Parties In 2016, the Company received cash advances totaling $ 47,500 25,000 four years 8 12,000 10,000 In the third quarter of 2016, the Chairman of the Board of Directors of the Company loaned the Company $ 90,000 14 61,930 55,682 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 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 4 11 0 100,000 100,000 47,853 39,050 In March of 2018, the Board of Directors voted to increase up to an additional $ 200,000 the advance constitutes a lien on the Property with interest at 15 200,000 200,000 In November of 2018, the Board of Directors voted to increase up to an additional $ 100,000 200,000 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 placed a fourteenth lien on the Property in July 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 (see Note 12). At June 30, 2021, the Chairman had advanced a total of $ 467,953 16,250 210,094 140,433 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 placed a fifteenth lien on the Property in July 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 (see Note 12). On May 30, 2021, the Chairman of the Board of the Company loaned the Company $ 50,000 one year 50,000 in principal and calls for the issuance of 100,000 shares of common stock. The note is not convertible. As of the issuance date of these financial statements, no shares have been issued (see Note 12). In connection with the potential issuance of common shares, the Company determined that a liability existed as of the date of the loans pursuant to ASC 480-10. The Company recorded an initial fair value of the stock issuance liability of $ 33,500 , which was determined by the fair value of the Company’s common stock at the date of the loan. The stock issuance liability was recorded as a debt discount, which will be amortized to interest expense over the life of the note. During the six months ended June 30, 2021, $ 3,029 of the debt discount was amortized to interest expense. On July 24, 2017, the President of the Company, who is a Director of the Company, agreed to advance the Company up to $ 20,000 100,000 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 25,000 15,000 15,000 As of June 30, 2021, the President had advanced a total of $ 53,652 , net of repayments of $ 19,917 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 $ 33,946 and $ 22,925 at June 30, 2021 and December 31, 2020, respectively. The third lien placed on the Diamondhead Property, which secures the above three promissory notes, totals up to $ 400,000 300,000 100,000 The principal balance of the notes payable due to the officers and directors discussed above was $ 720,212 30,471 635,605 0 636,605

Notes Payable Due Others

Notes Payable Due Others	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Notes Payable Due Others	Note 9. Notes Payable Due Others In October 2017, the Company entered into a settlement with a holder of $ 150,000 50,000 four year 0 In December 2020, the Company entered into three promissory notes with unrelated lenders in exchange for an aggregate principal amount of $ 126,250 100,000 26,250 The notes are non-interest bearing and mature in December 2021, one year after the notes’ issuances. In January and February 2021, the Company entered into two additional promissory notes with unrelated lenders in exchange for a principal amount of $ 25,000 and $ 31,250 , respectively. The Company received total proceeds of $ 50,000 , resulting in an original issue discount of $ 6,250 . This original issue discount was recorded as a debt discount, which will be amortized to interest expense over the life of the notes. The notes are non-interest bearing and mature in January and February 2022, respectively, one year after the notes’ issuances. In April and May 2021, the Company entered into three additional promissory notes with unrelated lenders in exchange for a principal amount of $ 70,000 , $ 25,000 and $ 25,000 , respectively. The Company received total proceeds of $ 100,000 , resulting in an original issue discount of $ 20,000 . This original issue discount was recorded as a debt discount, which will be amortized to interest expense over the life of the notes. The notes are non-interest bearing and mature in April and May 2022, respectively, one year after the notes’ issuances. From April to June 2021, eight liens were placed on the Property to secure these notes. There is a call for the issuance of a total of 350,000 22,050 53,000 At June 30, 2021 and December 31, 2020, the fair value of the stock issuance liability, including the portion attributable to the related party note (see Note 8) was $ 184,500 and $ 26,250 , respectively. During the six months ended June 30, 2021, the Company recorded a loss of $ 71,750 pertaining to the change in fair value of the stock issuance liability. During the three and six months ended June 30, 2021, $ 27,614 43,223 270,338 130,115

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Note 10. Related Party Transactions As of June 30, 2021, the President of the Company is owed deferred salary in the amount of $ 2,916,996 121,140 9 131,697 118,301 1,471,495 1,339,799 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 27,204 13,339 40,543 27,204 11,872 39,076 No 441,751 401,208 In January 2021, a fourth lien in the amount of $ 2,000,000 2,000,000 Directors of the Company are entitled to a director’s fee of $ 15,000 703,750 658,750 In February 2021, a fifth lien in the amount of $ 658,750 658,750 See Notes 4, 5, 7, 8 and 11 for other related party transactions.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11. Commitments and Contingencies Liens As of June 30, 2021, there were thirteen 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 $ 1 850,000 1,850,000 pari passu 2,000,000 On December 16, 2016, the Company filed a second lien on the Diamondhead Property in the maximum amount of $ 250,000 137,500 On August 21, 2018, the Company filed a third lien on the Diamondhead Property for up to $ 400,000 On January 26, 2021, a fourth lien in the amount of $ 2,000,000 2,000,000 On February 17, 2021, a fifth lien in the amount of $ 658,750 658,750 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 $ 252,500 250,000 In June 2021, a twelfth and thirteenth lien were placed on the Property to secure two non-interest bearing notes issued in May of 2021 which total $ 50,000 100,000 In May 2021, the Chairman of the Board of the Company paid a total of $ 62,610 400 1,468 100,000 Additional liens were secured subsequent to June 30, 2021. See Note 12. 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, 2020, 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 $ 266,000 and $ 220,750 on the current delinquent filings as of June 30, 2021 and December 31, 2020, 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 and its subsidiaries file their federal tax return on a consolidated basis. The Company has not filed its consolidated federal tax returns for the years ended December 31, 2020, 2019, 2018, 2017 and 2016. The Company believes no tax will be due with these federal returns. The Company has not filed its annual reports together with its franchise tax due with the state of Delaware for 2020, 2019 and 2018. Mississippi Gaming Corporation, a wholly owned subsidiary of the Company, has not filed its annual reports, together with its franchise tax due, with the state of Delaware for 2020, 2019 and 2018. Casino World, Inc., a wholly owned subsidiary of the Company, has not filed its annual reports, together with its franchise tax due, with the state of Delaware for 2020, 2019, 2018, 2017 and 2016. Mississippi Gaming Corporation has not filed its corporate income and franchise tax returns, together with the tax due, with the state of Mississippi for 2020, 2019, or 2018. Casino World, Inc. has not filed its corporate income and franchise tax returns, together with the tax due, with the state of Mississippi for 2020, 2019, 2018, 2017 and 2016. 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

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 12. Subsequent Events In July 2021, the Company placed a fourteenth lien on the Property to secure a promissory note in the amount of $ 150,000 In July 2021, the Company placed a fifteenth lien on the Property to secure a promissory note in the amount of $ 100,000 In July 2021, the Company placed a sixteenth lien on the Property to secure a non-interest bearing note issued in May 2021 which totals $ 50,000 100,000 In July 2021, a seventeenth lien was placed on the Property to secure a non-interest bearing note issued in July 2021 for $ 25,000 50,000

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
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 June 30, 2021 and December 31, 2020: Schedule of Land Development Cost Capitalized 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. Financial instruments included in current assets and liabilities are reported in the unaudited condensed consolidated balance sheets, which approximate fair value due to their short term nature. The fair value measurement of the derivative indemnification liability at June 30, 2021 and December 31, 2020 listed in Note 8 below was developed using Level 1 inputs. The fair value measurement of the stock issuance liability was developed using Level 1 inputs as the liability was valued using quoted prices in active markets for identical assets or liabilities.
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
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 The table below summarizes the components of potential dilutive securities at June 30, 2021 and 2020. Schedule of Components of Potential Dilutive Securities June 30, June 30, Description 2021 2020 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 4,555,000 3,415,000 Total 4,815,000 3,675,000
Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncements Not Yet Adopted In November 2019, the FASB issued ASU 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivative and Hedging (Topic 815, and Leases (Topic 841) unaudited condensed consolidated financial position, results of operations, or cash flows.
Recently Adopted Accounting Pronoucmenets	Recently Adopted Accounting Pronoucmenets 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)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Schedule of Land Development Cost Capitalized	Land development costs, which have been capitalized, consist of the following at June 30, 2021 and December 31, 2020: Schedule of Land Development Cost Capitalized Land $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 Total land $ 5,476,097
Schedule of Components of Potential Dilutive Securities	The table below summarizes the components of potential dilutive securities at June 30, 2021 and 2020. Schedule of Components of Potential Dilutive Securities June 30, June 30, Description 2021 2020 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 4,555,000 3,415,000 Total 4,815,000 3,675,000

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2021
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 June 30, 2021 and December 31, 2020: Schedule of Accounts Payable and Accrued Expenses June 30, December 31, 2021 2020 Related parties: Accrued payroll due officers $ 3,119,711 $ 2,969,711 Accrued interest due officers and directors 1,917,717 1,682,152 Accrued director fees 703,750 658,750 Base rents due to the President 321,662 294,458 Associated rental costs 120,090 106,750 Other 17,308 17,308 Total related parties $ 6,200,238 $ 5,729,129 Non-related parties: Accrued interest 2,397,237 $ 2,269,530 Accrued dividends 1,016,000 965,200 Accrued fines and penalties 266,600 220,750 Other 310,010 378,200 Total non-related parties $ 3,989,847 $ 3,833,680

Convertible Notes and Line of_2

Convertible Notes and Line of Credit (Tables)	6 Months Ended
	Jun. 30, 2021
Convertible Notes And Line Of Credit
Schedule of Convertible Notes Payable	The table below summarizes the Company’s debt arising from the above-described sources as of June 30, 2021 and December 31, 2020: Schedule of Convertible Notes Payable June 30, 2021 December 31, 2020 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

Liquidity and Going Concern (De

Liquidity and Going Concern (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss applicable to common stockholders	$ 459,952	$ 344,514	$ 904,044	$ 783,349
Accumulated deficit	42,677,408		42,677,408		$ 41,773,364
Accounts payable and accrued expenses	10,190,085		10,190,085
Cash on hand	$ 194,023		$ 194,023		$ 88,711

Schedule of Land Development Co

Schedule of Land Development Cost Capitalized (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Product Information [Line Items]
Total land	$ 5,476,097	$ 5,476,097
Land [Member]
Product Information [Line Items]
Total land	4,934,323	4,934,323
Licenses [Member]
Product Information [Line Items]
Total land	77,000	77,000
Engineering And Costs Associated with Permitting [Member]
Product Information [Line Items]
Total land	$ 464,774	$ 464,774

Schedule of Components of Poten

Schedule of Components of Potential Dilutive Securities (Details) - shares	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	4,815,000	3,675,000
Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	260,000	260,000
Options to Purchase Common Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	4,555,000	3,415,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Impairment of long-lived assets	$ 0
Antidilutive securities excluded from computation of earnings per share	4,815,000	3,675,000
Convertible Debentures [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	5,055,555

Schedule of Accounts Payable an

Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accrued payroll due officers	$ 3,119,711	$ 2,969,711
Accrued interest due officers and directors	1,917,717	1,682,152
Accrued director fees	703,750	658,750
Base rents due to the President	321,662	294,458
Associated rental costs	120,090	106,750
Other	17,308	17,308
Total related parties	6,200,238	5,729,129
Accrued interest	2,397,237	2,269,530
Accrued dividends	1,016,000	965,200
Accrued fines and penalties	266,600	220,750
Other	310,010	378,200
Total non-related parties	$ 3,989,847	$ 3,833,680

Schedule of Convertible Notes P

Schedule of Convertible Notes Payable (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Short-term Debt [Line Items]
Convertible notes payable	$ 1,962,500	$ 1,962,500
March One Two Thousand Ten Private Placement [Member] | Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Convertible notes payable	475,000	475,000
October Twenty Five Two Thousand Ten Private Placement [Member] | Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Convertible notes payable	487,500	487,500
Private Placement [Member]
Short-term Debt [Line Items]
Convertible notes payable	962,500	962,500
Private Placement [Member] | Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Convertible notes payable	$ 962,500	$ 962,500

Schedule of Convertible Notes_2

Schedule of Convertible Notes Payable (Details) (Parenthetical) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
March One Two Thousand Ten Private Placement [Member] | Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Due to a related party	$ 75,000	$ 75,000

Convertible Notes and Line of_3

Convertible Notes and Line of Credit (Details Narrative) - USD ($)	Oct. 25, 2010	Mar. 01, 2010	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2008	Nov. 30, 2020	Oct. 31, 2017	Sep. 26, 2014
Line of Credit Facility [Line Items]
Debt instrument, interest rate, stated percentage								4.00%
Convertible notes			$ 1,962,500	$ 1,962,500
Private Placement [Member]
Line of Credit Facility [Line Items]
Convertible notes			962,500	962,500
Line of Credit [Member]
Line of Credit Facility [Line Items]
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			2,078,052	2,033,175
Line of Credit [Member] | Lender [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
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]
Line of Credit Facility [Line Items]
Debt instrument, face amount							$ 150,000
Convertible Promissory Note [Member] | March One Two Thousand Ten Private Placement [Member]
Line of Credit Facility [Line Items]
Debt instrument, term		2 years
Debt instrument, face amount		$ 25,000
Debt instrument, interest rate, stated percentage		12.00%
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.
Debt instrument, convertible, number of equity instruments		50,000
Convertible notes			475,000	475,000
Convertible Promissory Note [Member] | October Twenty Five Two Thousand Ten Private Placement [Member]
Line of Credit Facility [Line Items]
Debt instrument, term	2 years
Debt instrument, face amount	$ 25,000
Debt instrument, interest rate, stated percentage	9.00%
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.
Debt instrument, convertible, number of equity instruments	50,000
Convertible notes			487,500	487,500
Convertible Promissory Note [Member] | Private Placement [Member]
Line of Credit Facility [Line Items]
Convertible notes			962,500	962,500
Debt instrument principal and interest						$ 486,796
Accrued interest			$ 902,341	$ 854,847
Line of Credit [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity					$ 1,000,000
Line of credit interest rate					9.00%
Debt instrument, maturity date					Nov. 1, 2012

Convertible Debentures (Details

Convertible Debentures (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Sep. 26, 2014
Short-term Debt [Line Items]
Debt instrument, interest rate, stated percentage			4.00%
Convertible debenture payable	$ 1,800,000	$ 1,800,000
February Fourteen Two Thousand Fourteen Private Placement [Member] | Convertible Debt Securities [Member]
Short-term Debt [Line Items]
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 Fourteen Two Thousand Fourteen Private Placement [Member] | Convertible Debt Securities [Member] | Tranche One [Member]
Short-term Debt [Line Items]
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
Debt maturity date	Mar. 31, 2020
February Fourteen Two Thousand Fourteen Private Placement [Member] | Convertible Debt Securities [Member] | Tranche Two [Member]
Short-term Debt [Line Items]
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
Debt maturity date	Dec. 31, 2020
February Fourteen Two Thousand Fourteen Private Placement [Member] | Convertible Debt Securities [Member] | Tranche Three [Member]
Short-term Debt [Line Items]
Collateralized convertible senior debentures	$ 1,000,000
February Fourteen Two Thousand Fourteen Private Placement [Member] | Convertible Debt Securities [Member] | Tranche Three [Member] | Minimum [Member]
Short-term Debt [Line Items]
Conversion of debenture into shares of common stock	1,818,182
Debt instrument, convertible, conversion price	$ 0.55
February Fourteen Two Thousand Fourteen Private Placement [Member] | Convertible Debt Securities [Member] | Tranche Three [Member] | Maximum [Member]
Short-term Debt [Line Items]
Conversion of debenture into shares of common stock	1,333,333
Debt instrument, convertible, conversion price	$ 0.75
February Fourteen Two Thousand Fourteen Private Placement [Member] | Non Convertible Senior Debentures [Member]
Short-term Debt [Line Items]
Convertible debenture payable	$ 50,000
Debt maturity date	Mar. 31, 2020
Debentures [Member]
Short-term Debt [Line Items]
Debt instrument face amount	$ 464,081
Convertible Debentures [Member]
Short-term Debt [Line Items]
Accrued interest due	$ 464,081	$ 427,081

Short Term Notes and Interest_2

Short Term Notes and Interest-Bearing Advance (Details Narrative) - USD ($)	May 30, 2021	Jun. 09, 2017	Feb. 02, 2017	Aug. 25, 2016	Dec. 31, 2016	Jun. 30, 2021	Dec. 31, 2020	Sep. 26, 2014
Short-term Debt [Line Items]
Debt interest rate								4.00%
Cash received advances					$ 25,000
Short term borrowings						$ 80,504	$ 80,504
Unrelated Third Party [Member]
Short-term Debt [Line Items]
Debt interest rate			12.50%
Accrued interest						13,793	12,217
Debt matures term	1 year
Short term borrowings			$ 25,000
Seven Lenders [Member]
Short-term Debt [Line Items]
Cash received advances					47,500
Third Parties [Member]
Short-term Debt [Line Items]
Cash received advances					$ 22,500
Seven Lenders and Third Parties [Member]
Short-term Debt [Line Items]
Debt interest rate				8.00%
Accrued interest						12,000	10,000
Debt matures term				4 years
Seven Lenders and Third Parties [Member] | Third Parties [Member]
Short-term Debt [Line Items]
Accrued interest						12,000	9,800
Lender [Member]
Short-term Debt [Line Items]
Increase in interest rate per annum			3.00%
Promissory Note [Member]
Short-term Debt [Line Items]
Proceeds from notes payable		$ 15,000
Debt interest rate		12.50%
Debt instrument, maturity date		Jun. 9, 2019
Accrued interest						7,622	6,677
Bank Credit Facility [Member]
Short-term Debt [Line Items]
Line of credit facility, maximum borrowing capacity						15,000
Line of credit						$ 18,004	$ 18,004
Bank Credit Facility [Member] | Direct Charges [Member]
Short-term Debt [Line Items]
Line of credit, interest rate						11.24%
Bank Credit Facility [Member] | Cash Advanced Through The Facility [Member]
Short-term Debt [Line Items]
Line of credit, interest rate						24.99%

Current Notes Payable Due Rel_2

Current Notes Payable Due Related Parties (Details Narrative)	May 30, 2021USD ($)	Aug. 21, 2018USD ($)	Jun. 30, 2018USD ($)	Jul. 24, 2017USD ($)	Aug. 25, 2016	Jul. 31, 2021USD ($)shares	May 31, 2021USD ($)a	May 31, 2021USD ($)a	Jul. 30, 2020USD ($)a	Mar. 31, 2018USD ($)	Jul. 31, 2017USD ($)a	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)	Nov. 30, 2018USD ($)	Jun. 09, 2017	Feb. 02, 2017	Sep. 26, 2014
Cash received advances												$ 25,000
Debt instrument, interest rate, stated percentage																				4.00%
Proceeds from related parties														$ 114,078	$ 11,484
Stock Issued During Period, Value, New Issues														33,500
Amortization of Debt Issuance Costs and Discounts														3,029
Debt discount														30,471		$ 0
Chairman [Member]
Debt instrument, interest rate, stated percentage										15.00%
Principal 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 Two Thousand and Nineteen and March Two Thousand and Eighteen [Member]
Accrued interest due														210,094		140,433
Principal amount														467,953
Repayment of related party debt														16,250
Board of Directors [Member] | March Two Thousand And Nineteen [Member]
Principal amount														200,000
Chairman of the Board [Member]
Area of land, owned | a							400	400	400
Taxes Payable							$ 62,610	$ 62,610	$ 67,076
Property Related Fees								$ 1,468	$ 1,573
Chairman of the Board [Member] | July Two Thousand Twenty One [Member]
Repayments of Secured Debt						$ 150,000	$ 100,000
Unrelated Third Party [Member]
Maturity term	1 year
Debt instrument, interest rate, stated percentage																			12.50%
Accrued interest due														$ 13,793		12,217
Principal amount	$ 50,000
President [Member]
Debt instrument, interest rate, stated percentage														9.00%
Proceeds from related parties				$ 20,000
Secured obligation		$ 100,000
Due from Officers or Stockholders														$ 53,652
Repayment of debt														19,917
Other Accrued Liabilities														18,000
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
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
Fair Value, Inputs, Level 1 [Member]
Fair value of derivative liability														0		0
Payable During Any Calendar Year [Member]
Debt instrument, interest rate, stated percentage																				11.00%
Mississippi Property [Member]
Area of land, owned | a											400
Notes payable, related parties											$ 67,628
Diamond Head Property [Member]
Secured promissory note																400,000
Promissory Note [Member]
Debt instrument, interest rate, stated percentage																		12.50%
Accrued interest due														7,622		6,677
Secured Promissory Note [Member] | Mississippi Gaming Corporation [Member]
Accrued interest due														47,853		39,050
Secured Promissory Note [Member] | President [Member]
Accrued interest due														33,946		22,925
Sixteenth Lien [Member] | Diamond Head Property [Member] | Subsequent Event [Member]
Principal amount						$ 50,000
Debt Instrument, Convertible, Number of Equity Instruments | shares						100,000
Third Lien [Member] | President [Member]
Loan amount										$ 100,000
Seven Lenders [Member]
Cash received advances												$ 47,500
Seven Lenders and Third Parties [Member]
Maturity term					4 years
Debt instrument, interest rate, stated percentage					8.00%
Accrued interest due														12,000		10,000
Chairman of the Board of Directors [Member]
Debt instrument, interest rate, stated percentage					14.00%
Proceeds from related parties													$ 90,000
Increase (decrease) in property and other taxes payable											$ 67,628
Chairman of the Board of Directors [Member] | Promissory Note [Member]
Accrued interest due														61,930		55,682
Chairman [Member]
Secured obligation		100,000
Chairman [Member] | Maximum [Member]
Secured promissory note			100,000
Chairman [Member] | Promissory Note [Member]
Secured obligation		$ 200,000
Chairman [Member] | Promissory Note [Member] | Maximum [Member]
Secured promissory note			$ 200,000
Chairman of Board [Member] | Diamond Head Property [Member]
Secured promissory note																300,000
President [Member]
Area of land, owned | a							400	400
Taxes Payable							$ 62,610	$ 62,610
President [Member] | Diamond Head Property [Member]
Secured promissory note																100,000
Officers and Directors [Member]
Notes payable, related parties														636,605		636,605
Principal amount														720,212		635,605
Debt discount														$ 30,471		$ 0

Notes Payable Due Others (Detai

Notes Payable Due Others (Details Narrative) - USD ($)	1 Months Ended				3 Months Ended	6 Months Ended
	May 31, 2021	Feb. 28, 2021	Dec. 31, 2020	Oct. 31, 2017	Jun. 30, 2021	Jun. 30, 2021	Jun. 30, 2020	Jan. 31, 2021	Sep. 26, 2014
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage									4.00%
Proceeds from short-term notes payable						$ 150,000
Debt instrument, original issue discount rate			$ 0		$ 30,471	30,471
Change in fair value liability						71,750
Interest and debt discounts					27,614	43,223
Four Year Note Issued In Settlement [Member]
Debt Instrument [Line Items]
Legal fees paid in settlement				$ 50,000
Debt instrument, term				4 years
Debt instrument, interest rate, stated percentage				0.00%
Convertible Promissory Note [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 150,000
Three Promissory Notes [Member] | Unrelated Lenders [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			126,250
Proceeds from short-term notes payable	$ 100,000		100,000
Debt instrument, original issue discount rate		$ 20,000	$ 26,250		53,000	53,000
Debt instrument maturity date, description			The notes are non-interest bearing and mature in December 2021, one year after the notes’ issuances.
Three Promissory Notes [Member] | Unrelated Lenders [Member] | Related Party [Member]
Debt Instrument [Line Items]
Debt instrument, original issue discount rate			$ 26,250		184,500	184,500
Three Promissory Notes [Member] | Unrelated Lenders [Member] | Common Stock [Member]
Debt Instrument [Line Items]
Debt instrument, original issue discount rate			$ 130,115		$ 270,338	$ 270,338
Debt instrument, call feature					There is a call for the issuance of a total of 350,000 shares of common stock in connection with the notes and liens, however, no shares have been issued to date
Stock issuance during period new issue shares					350,000
Change in fair value liability					$ 22,050
Two Additional Promissory Notes [Member] | Unrelated Lenders [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		31,250						$ 25,000
Proceeds from short-term notes payable		50,000
Debt instrument, original issue discount rate		$ 6,250
Promissory Notes One [Member] | Unrelated Lenders [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	70,000
Promissory Notes Two [Member] | Unrelated Lenders One [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	25,000
Promissory Notes Three [Member] | Unrelated Lenders Two [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 25,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Feb. 28, 2021	Jan. 31, 2021	Sep. 26, 2014
Related Party Transaction [Line Items]
Debt instrument, interest rate, stated percentage						4.00%
Monthly base rent			$ 4,534
Base rent expense	$ 27,204	$ 27,204
Associated rental costs	13,339	11,872
Total rent	40,543	39,076
Payments associated with base rents	0
Current And Former Directors [Member]
Related Party Transaction [Line Items]
Accrued directors fees	703,750		658,750
Fourth Lien [Member] | President [Member]
Related Party Transaction [Line Items]
Debt instrument, face amount				$ 658,750	$ 2,000,000
Diamond Head Property [Member] | Fourth Lien [Member]
Related Party Transaction [Line Items]
Amount owed				$ 658,750	$ 2,000,000
President [Member]
Related Party Transaction [Line Items]
Accrued payroll due officers	$ 2,916,996
Debt instrument, interest rate, stated percentage	9.00%
Accrued rent		441,751	401,208
Vice President and Current Chairman of Board of Directors [Member]
Related Party Transaction [Line Items]
Accrued payroll due officers	$ 121,140
Management [Member]
Related Party Transaction [Line Items]
Interest expense	131,697	$ 118,301
Accrued interest	1,471,495		$ 1,339,799
Director [Member]
Related Party Transaction [Line Items]
Directors fees	$ 15,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)

Jun. 30, 2021USD ($)shares

Sep. 26, 2014USD ($)

Apr. 30, 2021USD ($)shares

Dec. 31, 2020USD ($)

May 31, 2021USD ($)a

Feb. 17, 2021USD ($)

Jan. 26, 2021USD ($)

Aug. 21, 2018USD ($)

Jul. 31, 2017a

Dec. 16, 2016USD ($)

Dec. 31, 2014USD ($)

May 31, 2014USD ($)

Mar. 31, 2014USD ($)

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Other Accrued Liabilities, Current

$ 310,010

$ 378,200

Employee Stock Ownership Plan [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Other Accrued Liabilities, Current

266,000

$ 220,750

President [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Property taxes payable

$ 62,610

Area of land | a

400

Related fees to pay the property taxes

$ 1,468

Second Lien [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Amount owed

$ 250,000

Notes Payable Principal Due [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Debt instrument, face amount

$ 137,500

Fourth Lien [Member] | President [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Debt instrument, face amount

$ 2,000,000

Fifth Lien [Member] | Director [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Debt instrument, face amount

$ 658,750

Mississippi Property [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Area of land | a

400

Diamond Head Property [Member] | Fourth Lien [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Amount owed

$ 2,000,000

Diamond Head Property [Member] | Fifth Lien [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Amount owed

$ 658,750

Diamond Head Property [Member] | Six Lien [Member] | Lender [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Debt instrument, face amount

$ 252,500

Diamond Head Property [Member] | Six Lien [Member] | Lender [Member] | Common Stock [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Number of shares issuable | shares

250,000

Diamond Head Property [Member] | Twelfth and Thirteenth Lien [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Debt instrument, face amount

$ 50,000

Diamond Head Property [Member] | Twelfth and Thirteenth Lien [Member] | Common Stock [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Number of shares issuable | shares

100,000

Third Lien [Member] | Diamond Head Property [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Amount owed

$ 400,000

Casinos Austria Maritime Corporation [Member] | Management Agreement [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

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]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Secure principal and interest amount due

$ 1,850,000

Collateralized Convertible Senior Debentures [Member] | Executives Lien [Member] | Mississippi Property [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Amount owed

$ 2,000,000

Collateralized Convertible Senior Debentures [Member] | Tranche One [Member] | Investors Lien [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Debt instrument, face amount

$ 100,000

$ 1,000,000

Collateralized Convertible Senior Debentures [Member] | Tranche Two [Member] | Investors Lien [Member]

Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]

Debt instrument, face amount

$ 850,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - Subsequent Event [Member] - Diamond Head Property [Member]	1 Months Ended
	Jul. 31, 2021USD ($)shares
Sixteenth Lien [Member]
Subsequent Event [Line Items]
Debt instrument, face amount	$ 50,000
Number of shares issuable | shares	100,000
Number of shares issuable | shares	100,000
Fourteenth Lien [Member] | Board of Directors Chairman [Member]
Subsequent Event [Line Items]
Promissory note payable	$ 150,000
Fifteenth Lien [Member] | Board of Directors Chairman [Member]
Subsequent Event [Line Items]
Promissory note payable	100,000
Seven Lien [Member]
Subsequent Event [Line Items]
Debt instrument, face amount	$ 25,000
Number of shares issuable | shares	50,000