Diamondhead Casino (DHCC) 10-K 21 Mar 22 2021 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 18, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	FY
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
Title of 12(g) Security	Common Stock, par value $.001
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 10,997,803
Entity Common Stock, Shares Outstanding		36,297,576
Auditor Firm ID	711
Auditor Name	Friedman LLP
Auditor Location	Marlton, New Jersey

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash	$ 82,091	$ 88,711
Total current assets	82,091	88,711
Land (Note 3)	5,476,097	5,476,097
Other assets	80	80
Total assets	5,558,268	5,564,888
Current liabilities:
Accounts payable and accrued expenses due related parties (Note 4)	6,585,289	5,729,129
Accounts payable and accrued expenses - others (Note 4)	4,132,371	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 $13,583 and $0, respectively) (Note 8)	722,172	636,605
Notes payable due others (net of unamortized debt discount of $55,017 and $46,135, respectively) (Note 9)	372,483	130,115
Stock issuance liability		26,250
Total liabilities	15,705,319	14,248,783
Commitments and contingencies (Notes 3 and 14)
Stockholders’ deficit:
Preferred stock, $0.01 par value; shares authorized 5,000,000, outstanding 2,086,000 at December 31, 2021 and 2020 (aggregate liquidation preference of $2,519,080 at December 31, 2021 and 2020)	20,860	20,860
Common stock, $0.001 par value; shares authorized 50,000,000, issued: 39,052,472 at December 31, 2021 and 2020 outstanding: 36,297,576 at December 31, 2021 and 2020	39,052	39,052
Additional paid-in capital	36,100,973	36,042,139
Unearned ESOP shares	(2,727,866)	(2,846,468)
Accumulated deficit	(43,394,070)	(41,773,364)
Treasury stock, at cost, 925,341 and 845,796 shares at December 31, 2021 and 2020	(186,000)	(166,114)
Total stockholders’ deficit	(10,147,051)	(8,683,895)
Total liabilities and stockholders’ deficit	$ 5,558,268	$ 5,564,888

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Unamortized debt discount	$ 13,583	$ 0
Debt instrument, unamortized discount (premium), net	$ 55,017	$ 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	925,341	845,796

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
COSTS AND EXPENSES
Administrative and general	$ 665,788	$ 695,056
Stock-based compensation		831,000
Other	69,709	67,647
Total costs and expenses	735,497	1,593,703
Interest expense:
Related parties	403,860	345,525
Other	379,749	280,117
Change in fair value of stock issuance liability		4,200
Total other expense (income), net	783,609	629,842
NET LOSS	(1,519,106)	(2,223,545)
PREFERRED STOCK DIVIDENDS	(101,600)	(101,600)
NET LOSS APPLICABLE TO COMMON STOCKHOLDERS	$ (1,620,706)	$ (2,325,145)
Weighted average common shares outstanding - basic and diluted	36,297,576	36,297,576
Net loss per common share - basic and diluted	$ (0.045)	$ (0.064)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Deficiency - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Balance	$ (8,683,895)	$ (7,189,750)
Shares acquired from ESOP
Stock-based compensation		831,000
Dividends	(101,600)	(101,600)
Net loss	(1,519,106)	(2,223,545)
Common stock to be issued in connection with notes payable	124,050
Common stock to be issued in connection with related party notes payable	33,500
Balance	(10,147,051)	(8,683,895)
Preferred Stock [Member]
Balance	$ 20,860	$ 20,860
Balance, shares	2,086,000	2,086,000
Shares acquired from ESOP
Shares acquired from ESOP, shares
Stock-based compensation
Dividends
Net loss
Common stock to be issued in connection with notes payable
Common stock to be issued in connection with related party notes payable
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
Shares acquired from ESOP
Shares acquired from ESOP, shares
Stock-based compensation
Dividends
Net loss
Common stock to be issued in connection with notes payable
Common stock to be issued in connection with related party notes payable
Balance	$ 39,052	$ 39,052
Balance, shares	39,052,472	39,052,472
Additional Paid-in Capital [Member]
Balance	$ 36,042,139	$ 35,313,037
Shares acquired from ESOP	(98,716)	(101,898)
Stock-based compensation		831,000
Dividends
Net loss
Common stock to be issued in connection with notes payable	124,050
Common stock to be issued in connection with related party notes payable	33,500
Balance	36,100,973	36,042,139
Unearned ESOP [Member]
Balance	$ (2,846,468)	$ (2,965,070)
Balance, shares	1,909,100	1,988,645
Shares acquired from ESOP	$ 118,602	$ 118,602
Shares acquired from ESOP, shares	(79,545)	(79,545)
Stock-based compensation
Dividends
Net loss
Common stock to be issued in connection with notes payable
Common stock to be issued in connection with related party notes payable
Balance	$ (2,727,866)	$ (2,846,468)
Balance, shares	1,829,555	1,909,100
Retained Earnings [Member]
Balance	$ (41,773,364)	$ (39,448,219)
Shares acquired from ESOP
Stock-based compensation
Dividends	(101,600)	(101,600)
Net loss	(1,519,106)	(2,223,545)
Common stock to be issued in connection with notes payable
Common stock to be issued in connection with related party notes payable
Balance	(43,394,070)	(41,773,364)
Treasury Stock [Member]
Balance	$ (166,114)	$ (149,410)
Balance, shares	845,796	766,251
Shares acquired from ESOP	$ (19,886)	$ (16,704)
Shares acquired from ESOP, shares	79,545	79,545
Stock-based compensation
Dividends
Net loss
Common stock to be issued in connection with notes payable
Common stock to be issued in connection with related party notes payable
Balance	$ (186,000)	$ (166,114)
Balance, shares	925,341	845,796

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net loss	$ (1,519,106)	$ (2,223,545)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization	139,285	17,132
Stock-based compensation		831,000
Change in fair value of stock issuance liability		4,200
Changes in operating assets and liabilities:
Accounts payable and accrued expenses - related parties	754,560	713,354
Accounts payable and accrued expenses - other	294,491	560,320
Net cash used in operating activities	(330,770)	(97,539)
Cash flows from financing activities:
Proceeds from note payable - others	225,000	100,000
Proceeds from notes payable issued to related parties	114,078
Repayment of notes payable issued to related parties	(14,928)	84,284
Net cash provided by financing activities	324,150	184,284
Net change in cash	(6,620)	86,745
Cash at beginning of year	88,711	1,966
Cash at end of year	82,091	88,711
Supplemental disclosure of cash flow information:
Cash paid for interest
Unpaid preferred stock dividends in accounts payable and accrued expenses	101,600	101,600
Common stock to be issued in connection with notes payable	124,050
Common stock to be issued in connection with related party notes payable	33,500
Stock issuance liability		$ 22,050

Organization and Business

Organization and Business	12 Months Ended
	Dec. 31, 2021
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	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity and Going Concern	Note 2. Liquidity and Going Concern These 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 consolidated financial statements, incurred a net loss applicable to common stockholders of $ 1,620,706 for the year ended December 31, 2021. In addition, the Company had an accumulated deficit of $ 43,394,070 at December 31, 2021. Due to its lack of financial resources, 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 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 December 31, 2021, the Company had $ 10,717,660 of accounts payable and accrued expenses and $ 82,091 in cash on hand. The above conditions raise substantial doubt as to the Company’s ability to continue as a going concern within one year after the date of that the consolidated financial statements are issued. 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	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 3. Summary of Significant Accounting Policies Principles of Consolidation The 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 accounting principles generally accepted in the United States of America 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 consolidated 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 December 31, 2021 and 2020: Schedule of Land Development Cost Capitalized Land held for development $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 $ 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 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 at carrying value in the consolidated balance sheets, which approximate fair value due to their short term nature. The fair value measurement of the derivative indemnification liability discussed in Note 8 below is computed using Level 1 inputs. There was no 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 Employee Stock Ownership Plan The Company has an Employee Stock Ownership Plan (ESOP) covering substantially all employees with one or more years of service, financed by employer loans. The Company also established a trust called the Europa Cruises Corporation Employee Stock Ownership Plan Trust Agreement, to serve as the funding vehicle for the ESOP. The President and Chief Executive Officer is the sole Trustee of the Trust. Compensation expense was measured at the current market price of shares committed for release and such shares constitute outstanding shares for earnings per share computations. As the loans are repaid, shares are released from the ESOP and allocated to qualified employees based upon the proportion of payments made during the year to the remaining amount of payments due on the loans through maturity. Dividends, if any, are treated as follows: (1) stock dividends on shares allocated to participant accounts shall be credited to the participant account when paid; and (2) cash dividends on shares allocated to participant accounts shall, at the discretion of the Administrator, be credited to the participants’ Other Investment Account or be used to reduce the indebtedness to the Company, in which case, shares bearing an equal value to the cash dividend would be allocated to participant accounts. The Company has not paid any dividends on its common stock. For the years 2011 through 2021, the Company elected to temporarily suspend contributions to the Plan, in accordance with the loan pledge agreement between the Company and the ESOP Trust. For each year in which there was no contribution to the Plan, the Plan returned the 79,545 shares, which would have been allocated to employees annually, to treasury. The Company has not filed the annual Form 550 reports pertaining to the ESOP since the year ended December 31, 2015. Income Taxes Under the asset and liability method of ASC Topic 740, “Accounting for Income Taxes,” deferred tax liabilities and assets are recognized for future tax consequences attributable to differences between the financial statement carrying amounts and the tax basis of assets and liabilities. A valuation allowance is recorded to reflect the uncertainty of realization of deferred tax assets. The Company follows the provisions of ASC Topic 740, “Accounting for Uncertainty in Income Taxes.” The standard addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this standard, an entity may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The standard also provides guidance on derecognition, classification, interest and penalties on income taxes, and accounting in interim periods and requires increased disclosures. The Company does not have a liability for unrecognized tax benefits. The Company’s policy is to record interest and penalties on uncertain tax provisions as income tax expense. As of December 31, 2021 and 2020, the Company has no accrued interest or penalties related to uncertain tax positions. Net Loss per Common Share Basic loss per share is computed by dividing net loss available 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 December 31, 2021 and 2020. Schedule of Components of Potential Dilutive Securities Description December 31, 2021 December 31, 2020 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 4,555,000 4,555,000 Total 4,815,000 4,815,000 Stock Based Compensation The Company follows the provisions of ASC Topic 718 “Compensation — Stock Compensation” which requires the measurement and recognition of compensation expense for all share-based payment awards either modified or granted to employees and directors based upon estimated fair values. On November 9, 2020, the Board of Directors voted to award 1,290,000 0.46 per December 31, 2023 200,000 40,000 100,000 360,000 450,000 140,000 In determining the fair value of each option granted, the Black-Scholes option-pricing model, consistent with the provisions of ASC Topic 718, was used. The valuations were determined using the weighted-average assumptions of 0 324 0.25 Total stock-based compensation expense in 2020 was $ 831,000 258,000 573,000 No share-based awards were issued or amended in 2021. Option valuation models require the input of highly subjective assumptions, including the expected stock price volatility. The Company uses projected volatility rates, which are based upon historical volatility rates, trended into future years. Because the Company’s employee stock options have characteristics significantly different from those of traded options, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management’s opinion, the existing models do not necessarily provide a reliable single measure of the fair value of the Company’s options. 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) Recently Adopted Accounting Pronouncements 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	12 Months Ended
	Dec. 31, 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 December 31, 2021 and 2020: Schedule of Accounts Payable and Accrued Expenses December 31, December 31, 2021 2020 Related parties: Accrued payroll due officers $ 3,269,711 $ 2,969,711 Accrued interest due officers and directors 2,066,096 1,682,152 Accrued director fees 748,750 658,750 Base rents due to the President 348,866 294,458 Associated rental costs 134,558 106,750 Other 17,308 17,308 Total related parties $ 6,585,289 $ 5,729,129 Non-related parties: Accrued interest 2,529,910 $ 2,269,530 Accrued dividends 1,066,800 965,200 Accrued fines and penalties 312,600 220,750 Other 223,061 378,200 Total non-related parties $ 4,132,371 $ 3,833,680

Convertible Notes and Line of C

Convertible Notes and Line of Credit	12 Months Ended
	Dec. 31, 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 2,123,422 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 $ 962,500 486,796 962,500 950,371 854,847 The table below summarizes the Company’s debt arising from the above-described sources as of December 31, 2021 and 2020: Schedule of Convertible Notes Payable December 31, 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 is due to a related party.

Convertible Debentures

Convertible Debentures	12 Months Ended
	Dec. 31, 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 matured 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 $ 950,000 850,000 50,000 427,081 501,081 427,081

Short Term Notes and Interest-B

Short Term Notes and Interest-Bearing Advance	12 Months Ended
	Dec. 31, 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 8,553 6,677 Bank Credit Facility Wells Fargo Bank provided an unsecured credit facility of up to $ 15,000 11.24 24.99 December 31, 2021 and 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 15,342 12,217 Of the amounts discussed above, $ 80,504

Current Notes Payable Due Relat

Current Notes Payable Due Related Parties	12 Months Ended
	Dec. 31, 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 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 68,262 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 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 December 31, 2021 and 2020 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 $ 49,194 and $ 39,050 at December 31, 2021 and 2020, respectively. 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 $ 67,076 400 1,573 150,000 At December 31, 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 $ 62,610 400 1,468 100,000 On May 30, 2021, the Chairman of the Board of the Company loaned the Company $ 50,000 . The note is non-interest bearing and matures one year from the date of issuance. The Company placed a sixteenth lien on the Property in July 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 note is not convertible. As of the issuance date of these financial statements, no shares have been issued. The Company recorded a fair value of the stock of $ 33,500 , which was determined by the fair value of the Company’s common stock at the date of the loan. The fair value of the stock was recorded as a debt discount, which will be amortized to interest expense over the life of the note. During the year ended December 31, 2021, $ 19,916 of the debt discount was amortized to interest expense to related parties. 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 December 31, 2021, the President had advanced a total of $ 38,724 , net of repayments of $ 34,845 , 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 $ 33,361 and $ 22,925 at and December 31, 2021 and 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 $ 722,172 13,584 635,605 0 636,605

Notes Payable Due Others

Notes Payable Due Others	12 Months Ended
	Dec. 31, 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 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. The note is currently in default. In December 2020, the Company entered into three promissory notes with unrelated lenders in exchange for an aggregate principal amount of $ 126,250 . The Company received proceeds of $ 100,000 , resulting in an original issue discount of $ 26,250 . 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 December 2021, one year after the notes’ issuances . These notes are currently in default. 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. These notes are currently in default. 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 25,000 100,000 20,000 In July 2021, the Company entered into an additional promissory note with an unrelated lender in exchange for a principal amount of $ 25,000 25,000 In November 2021, the Company entered into an additional promissory note with an unrelated lender in exchange for a principal amount of $ 50,000 50,000 From April to November 2021, ten liens were placed on the Property to secure these notes. There is a call for the issuance of a total of 500,000 In December 2020, the Company recorded a fair value of the stock of $ 22,050 , which was determined by the fair value of the Company’s common stock at the date of each loan issuance. In 2021, the Company recorded a fair value of the stock pertaining to the 2021 notes of $ 102,000 . The fair value of the stock was recorded as a debt discount, which will be amortized to interest expense over the life of the notes. During the year ended December 31, 2021, 119,369 of the debt discount was amortized to interest expense to others. As of December 31, 2021 and 2020, total notes payable due others, net of unamortized discount, was $ 372,483 and $ 130,115 , respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Note 10. Related Party Transactions As of December 31, 2020, the President of the Company is owed deferred salary in the amount of $ 3,066,996 121,140 9 272,360 245,360 1,612,158 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 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 $ 54,408 and associated rental costs of $ 27,808 for a total of $ 82,216 for the year ended December 31, 2021 and base rent in the amount of $ 54,408 and associated rental costs of $ 25,020 for a total of $ 79,428 for the year ended December 31, 2020. At December 31, 2021 and 2020, amounts owing for base rent and associated rental costs totaled $ 483,424 and $ 401,208 , respectively. Directors of the Company are entitled to a director’s fee of $ 15,000 748,750 658,750 See Notes 4, 5, 7, 8 and 14 for other related party transactions.

Stockholders_ Equity

Stockholders’ Equity	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Stockholders’ Equity	Note 11. Stockholders’ Equity At December 31, 2021 and 2020, the Company had a stock option plan and non-plan options, which are described below. Non-Plan Stock Options On January 3, 2018, the Board of Directors voted to extend from March 13, 2018 to December 31, 2020 3,115,000 21,570 No the Board of Directors voted to extend 2,965,000 of these outstanding options from December 31, 2020 to December 31, 2023. Accordingly, 150,000 of these 3,115,000 options expired at December 31, 2020. 573,000 On November 9, 2020, the Board of Directors voted to award 1,290,000 0.46 December 31, 2023 200,000 40,000 100,000 360,000 450,000 140,000 The Company recorded stock-based compensation expense of $ 258,000 Stock Option Plan On December 19, 1988, the Company adopted a stock option plan (the “Plan”) for its officers and management personnel under which options could be granted to purchase up to 1,000,000 1,000,000 100 ten years no Summary of Stock Options A summary of the status of the Company’s fixed Plan and non-plan options as of December 31, 2021 and 2020, and changes during the years ended December 31, 2021 and 2020 is presented below. Schedule of Fixed Plan and Non-plan Options Shares Weighted Average Exercise Price Outstanding as of January 1, 2020 3,415,000 $ 0.44 Granted 1,290,000 0.46 Exercised - - Expired (150,000 ) 1.25 Forfeited - - Outstanding as of December 31, 2020 4,555,000 $ 0.41 Granted - - Exercised - - Forfeited - - Outstanding as of December 31, 2021 4,555,000 $ 0.41 Exercisable as of December 31, 2020 4,555,000 $ 0.41 Exercisable as of December 31, 2021 4,555,000 $ 0.41 The following tables summarize information about stock options outstanding and exercisable at December 31, 2021 and 2020: Schedule of Stock Options Outstanding and Exercisable December 31, 2021 Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding at 12/31/21 Weighted-Average Remaining Contractual Life (Yrs.) Weighted Average Exercise Price Number Exercisable at 12/31/21 Weighted Average Exercise Price $ 0.19 2,000,000 2.0 $ 0.19 2,000,000 $ 0.19 0.30 750,000 2.0 0.30 750,000 0.30 0.75 215,000 2.0 0.75 215,000 0.75 1.75 300,000 2.0 1.75 300,000 1.75 0.46 1,290,000 2.0 0.46 1,290,000 0.46 4,555,000 4,555,000 December 31, 2020 Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding at 12/31/20 Weighted-Average Remaining Contractual Life (Yrs.) Weighted Average Exercise Price Number Exercisable at 12/31/20 Weighted Average Exercise Price $ 0.19 2,000,000 3.0 $ 0.19 2,000,000 $ 0.19 0.30 750,000 3.0 0.30 750,000 0.30 0.75 215,000 3.0 0.75 215,000 0.75 1.75 300,000 3.0 1.75 300,000 1.75 0.46 1,290,000 3.0 0.46 1,290,000 0.46 4,555,000 4,555,000 Preferred Stock Series S Preferred Stock The Company has 926,000 .01 These shares may be redeemed at the option of the Company at $1.08 per share plus $.0108 per share for each quarter that such shares are outstanding for a total of $2.18 per share at December 31, 2021. 1.08 926,000 315,000 285,000 Series S-NR Preferred Stock The Company has 900,000 .01 1.11 900,000 315,000 285,000 Series S-PIK Preferred Stock The Company has one million units outs, each unit consisting of one share of the Company’s $ .001 Each share of Series S-PIK preferred stock is convertible into one share of the Company’s common voting stock at any time after February 15, 1995. No 2.00 0.04 260,000 436,800 395,200 Payment of Preferred Dividends The Company did not pay any dividends due on its preferred stock in 2021 or 2020. However, payment of all cumulative and non-cumulative preferred stock dividends, outstanding at any time, is required before the Company can issue any dividends on its common stock.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
Employee Stock Ownership Plan	Note 12. Employee Stock Ownership Plan The Company’s employee stock ownership plan (ESOP) is intended to be a qualified retirement plan and an employee stock ownership plan. All employees having one year of service are eligible to participate in the ESOP. The ESOP is funded by two 8 Assuming a Plan contribution is made, shares are allocated to the participants’ accounts in relation to repayments of the loans from the Company. At December 31, 2021, a total of 1,829,555 457,389 In 2011, the Company decided to temporarily suspend contributions to the Plan. Therefore the Trust was unable to make its annual loan payment to the company and a loan default occurred. In accordance with the Pledge Agreement between the Company and the Trust, the shares attached to the loan payments subsequent to the 2010 contribution reverted back to the Company as treasury shares. In 2021 and 2020, 79,545 19,886 16,704

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 13. Income Taxes At December 31, 2021, the Company had net operating loss carryforwards for income taxes of approximately $ 9.0 million, which expire during various periods through 2041 . Realization of deferred income taxes as of December 31, 2021 and 2020 is not considered likely. Therefore, by applying a federal statutory rate of 21 % to the carryforward amounts, a valuation allowance of approximately $ 1.9 and $ 2.2 million, has been established for each year for the entire amount of deferred tax assets relative to the net operating loss at December 31, 2021 and 2020, respectively, resulting in an effective tax rate of 0 % and no deferred tax asset recognition. The valuation allowance decreased by approximately $ 262,000 in 2021 and $ 249,000 in 2020.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 14. Commitments and Contingencies Liens As of December 31, 2021, there were eighteen 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 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 to the Chairman in May 2021 which totals $ 50,000 100,000 In July 2021, the Company placed a seventeenth lien on the Property to secure a non-interest bearing note issued to a lender, which totals $ 25,000 50,000 In November 2021, the Company placed an eighteenth lien on the Property to secure a non-interest bearing note issued to a lender, which totals $ 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. 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, 2021, 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 $ 312,600 and $ 220,750 on the current delinquent filings as of December 31, 2021 and 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, 2021, 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 2021, 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 2021, 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 2021, 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 2021, 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 2021, 2020, 2019, 2018, 2017 and 2016. The Company has made provision for the expected taxes due on these state filings in their consolidated financial statements for the years ending December 31, 2021 and 2020. 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	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 15. Subsequent Events On February 4, 2022, the Board of Directors entered into an agreement with Mr. Harrison, the Chairman of the Board of Directors, to issue 35,000 In March 2022, unrelated third parties paid a total of $ 60,436 19,564 80,000 80,000 40,000 80,000 40,000 80,000 160,000

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The 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 accounting principles generally accepted in the United States of America 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 consolidated 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 December 31, 2021 and 2020: Schedule of Land Development Cost Capitalized Land held for development $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 $ 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 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 at carrying value in the consolidated balance sheets, which approximate fair value due to their short term nature. The fair value measurement of the derivative indemnification liability discussed in Note 8 below is computed using Level 1 inputs. There was no
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
Employee Stock Ownership Plan	Employee Stock Ownership Plan The Company has an Employee Stock Ownership Plan (ESOP) covering substantially all employees with one or more years of service, financed by employer loans. The Company also established a trust called the Europa Cruises Corporation Employee Stock Ownership Plan Trust Agreement, to serve as the funding vehicle for the ESOP. The President and Chief Executive Officer is the sole Trustee of the Trust. Compensation expense was measured at the current market price of shares committed for release and such shares constitute outstanding shares for earnings per share computations. As the loans are repaid, shares are released from the ESOP and allocated to qualified employees based upon the proportion of payments made during the year to the remaining amount of payments due on the loans through maturity. Dividends, if any, are treated as follows: (1) stock dividends on shares allocated to participant accounts shall be credited to the participant account when paid; and (2) cash dividends on shares allocated to participant accounts shall, at the discretion of the Administrator, be credited to the participants’ Other Investment Account or be used to reduce the indebtedness to the Company, in which case, shares bearing an equal value to the cash dividend would be allocated to participant accounts. The Company has not paid any dividends on its common stock. For the years 2011 through 2021, the Company elected to temporarily suspend contributions to the Plan, in accordance with the loan pledge agreement between the Company and the ESOP Trust. For each year in which there was no contribution to the Plan, the Plan returned the 79,545 shares, which would have been allocated to employees annually, to treasury. The Company has not filed the annual Form 550 reports pertaining to the ESOP since the year ended December 31, 2015.
Income Taxes	Income Taxes Under the asset and liability method of ASC Topic 740, “Accounting for Income Taxes,” deferred tax liabilities and assets are recognized for future tax consequences attributable to differences between the financial statement carrying amounts and the tax basis of assets and liabilities. A valuation allowance is recorded to reflect the uncertainty of realization of deferred tax assets. The Company follows the provisions of ASC Topic 740, “Accounting for Uncertainty in Income Taxes.” The standard addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this standard, an entity may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The standard also provides guidance on derecognition, classification, interest and penalties on income taxes, and accounting in interim periods and requires increased disclosures. The Company does not have a liability for unrecognized tax benefits. The Company’s policy is to record interest and penalties on uncertain tax provisions as income tax expense. As of December 31, 2021 and 2020, the Company has no accrued interest or penalties related to uncertain tax positions.
Net Loss per Common Share	Net Loss per Common Share Basic loss per share is computed by dividing net loss available 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 December 31, 2021 and 2020. Schedule of Components of Potential Dilutive Securities Description December 31, 2021 December 31, 2020 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 4,555,000 4,555,000 Total 4,815,000 4,815,000
Stock Based Compensation	Stock Based Compensation The Company follows the provisions of ASC Topic 718 “Compensation — Stock Compensation” which requires the measurement and recognition of compensation expense for all share-based payment awards either modified or granted to employees and directors based upon estimated fair values. On November 9, 2020, the Board of Directors voted to award 1,290,000 0.46 per December 31, 2023 200,000 40,000 100,000 360,000 450,000 140,000 In determining the fair value of each option granted, the Black-Scholes option-pricing model, consistent with the provisions of ASC Topic 718, was used. The valuations were determined using the weighted-average assumptions of 0 324 0.25 Total stock-based compensation expense in 2020 was $ 831,000 258,000 573,000 No share-based awards were issued or amended in 2021. Option valuation models require the input of highly subjective assumptions, including the expected stock price volatility. The Company uses projected volatility rates, which are based upon historical volatility rates, trended into future years. Because the Company’s employee stock options have characteristics significantly different from those of traded options, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management’s opinion, the existing models do not necessarily provide a reliable single measure of the fair value of the Company’s options.
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)
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements 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)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of Land Development Cost Capitalized	Land development costs, which have been capitalized, consist of the following at December 31, 2021 and 2020: Schedule of Land Development Cost Capitalized 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, 2021 and 2020. Schedule of Components of Potential Dilutive Securities Description December 31, 2021 December 31, 2020 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 4,555,000 4,555,000 Total 4,815,000 4,815,000

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2021 and 2020: Schedule of Accounts Payable and Accrued Expenses December 31, December 31, 2021 2020 Related parties: Accrued payroll due officers $ 3,269,711 $ 2,969,711 Accrued interest due officers and directors 2,066,096 1,682,152 Accrued director fees 748,750 658,750 Base rents due to the President 348,866 294,458 Associated rental costs 134,558 106,750 Other 17,308 17,308 Total related parties $ 6,585,289 $ 5,729,129 Non-related parties: Accrued interest 2,529,910 $ 2,269,530 Accrued dividends 1,066,800 965,200 Accrued fines and penalties 312,600 220,750 Other 223,061 378,200 Total non-related parties $ 4,132,371 $ 3,833,680

Convertible Notes and Line of_2

Convertible Notes and Line of Credit (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2021 and 2020: Schedule of Convertible Notes Payable December 31, 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 is due to a related party.

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of Fixed Plan and Non-plan Options	A summary of the status of the Company’s fixed Plan and non-plan options as of December 31, 2021 and 2020, and changes during the years ended December 31, 2021 and 2020 is presented below. Schedule of Fixed Plan and Non-plan Options Shares Weighted Average Exercise Price Outstanding as of January 1, 2020 3,415,000 $ 0.44 Granted 1,290,000 0.46 Exercised - - Expired (150,000 ) 1.25 Forfeited - - Outstanding as of December 31, 2020 4,555,000 $ 0.41 Granted - - Exercised - - Forfeited - - Outstanding as of December 31, 2021 4,555,000 $ 0.41 Exercisable as of December 31, 2020 4,555,000 $ 0.41 Exercisable as of December 31, 2021 4,555,000 $ 0.41
Schedule of Stock Options Outstanding and Exercisable	The following tables summarize information about stock options outstanding and exercisable at December 31, 2021 and 2020: Schedule of Stock Options Outstanding and Exercisable December 31, 2021 Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding at 12/31/21 Weighted-Average Remaining Contractual Life (Yrs.) Weighted Average Exercise Price Number Exercisable at 12/31/21 Weighted Average Exercise Price $ 0.19 2,000,000 2.0 $ 0.19 2,000,000 $ 0.19 0.30 750,000 2.0 0.30 750,000 0.30 0.75 215,000 2.0 0.75 215,000 0.75 1.75 300,000 2.0 1.75 300,000 1.75 0.46 1,290,000 2.0 0.46 1,290,000 0.46 4,555,000 4,555,000 December 31, 2020 Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding at 12/31/20 Weighted-Average Remaining Contractual Life (Yrs.) Weighted Average Exercise Price Number Exercisable at 12/31/20 Weighted Average Exercise Price $ 0.19 2,000,000 3.0 $ 0.19 2,000,000 $ 0.19 0.30 750,000 3.0 0.30 750,000 0.30 0.75 215,000 3.0 0.75 215,000 0.75 1.75 300,000 3.0 1.75 300,000 1.75 0.46 1,290,000 3.0 0.46 1,290,000 0.46 4,555,000 4,555,000

Liquidity and Going Concern (De

Liquidity and Going Concern (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net Income (Loss) Available to Common Stockholders, Basic	$ 1,620,706	$ 2,325,145
Retained Earnings (Accumulated Deficit)	43,394,070	41,773,364
Accounts Payable and Accrued Liabilities	10,717,660
Cash	$ 82,091	$ 88,711

Schedule of Land Development Co

Schedule of Land Development Cost Capitalized (Details) - USD ($)	Dec. 31, 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	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	4,815,000	4,815,000
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	4,555,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Nov. 09, 2020	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Impairment of long-lived assets		$ 0
Treasury Stock, Shares, Acquired		79,545
Antidilutive securities excluded from computation of earnings per share		4,815,000	4,815,000
Number of options previously granted to purchase of common stock			1,290,000
Exercise price of options granted			$ 0.46
Dividend yield			0.00%
Expected volatility			324.00%
Risk-free interest rate			0.25%
Stock based compensation			$ 831,000
Stock Option Plan Granted [Member]
Defined Benefit Plan Disclosure [Line Items]
Stock based compensation			258,000
Stock Option Plan Granted Modification [Member]
Defined Benefit Plan Disclosure [Line Items]
Stock based compensation			573,000
Share-based Payment Arrangement, Option [Member] | Six Current Directors and Three Officers [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of options previously granted to purchase of common stock	1,290,000
Exercise price of options granted	$ 0.46
Options expiration date	Dec. 31, 2023
Share-based Payment Arrangement, Option [Member] | Martin Blount [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of options previously granted to purchase of common stock	200,000
Share-based Payment Arrangement, Option [Member] | Daniel Burstyn [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of options previously granted to purchase of common stock	40,000
Share-based Payment Arrangement, Option [Member] | Robert Crow [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of options previously granted to purchase of common stock	100,000
Share-based Payment Arrangement, Option [Member] | Benjamin Harrell [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of options previously granted to purchase of common stock	360,000
Share-based Payment Arrangement, Option [Member] | Gregory Harrison [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of options previously granted to purchase of common stock	450,000
Share-based Payment Arrangement, Option [Member] | Deborah Vitale [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of options previously granted to purchase of common stock	140,000
Convertible Debentures [Member]
Defined Benefit Plan Disclosure [Line Items]
Antidilutive securities excluded from computation of earnings per share		5,055,555
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of derivative liability		$ 0	$ 0

Schedule of Accounts Payable an

Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accrued payroll due officers	$ 3,269,711	$ 2,969,711
Accrued interest due officers and directors	2,066,096	1,682,152
Accrued director fees	748,750	658,750
Base rents due to the President	348,866	294,458
Associated rental costs	134,558	106,750
Other	17,308	17,308
Total related parties	6,585,289	5,729,129
Accrued interest	2,529,910	2,269,530
Accrued dividends	1,066,800	965,200
Accrued fines and penalties	312,600	220,750
Other	223,061	378,200
Total non-related parties	$ 4,132,371	$ 3,833,680

Schedule of Convertible Notes P

Schedule of Convertible Notes Payable (Details) - USD ($)		Dec. 31, 2021	Dec. 31, 2020
Short-term Debt [Line Items]
Convertible notes payable		$ 1,962,500	$ 1,962,500
March 1, 2010 Private Placement [Member] | Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Convertible notes payable	[1]	475,000	475,000
October 25, 2010 Private Placement [Member] | Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Convertible notes payable		487,500	487,500
Private Placement [Member] | Convertible Promissory Note [Member]
Short-term Debt [Line Items]
Convertible notes payable		$ 962,500	$ 962,500
[1]	Of the 2010 placements above, $ 75,000

Schedule of Convertible Notes_2

Schedule of Convertible Notes Payable (Details) (Parenthetical) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
March 1, 2010 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 ($)		Nov. 30, 2020	Oct. 25, 2010	Mar. 01, 2010	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2008	Oct. 31, 2017	Sep. 26, 2014
Line of Credit Facility [Line Items]
Debt instrument, interest rate, stated percentage									4.00%
Convertible Notes Payable, Current					$ 1,962,500	$ 1,962,500
Convertible Promissory Note [Member]
Line of Credit Facility [Line Items]
Debt instrument, face amount								$ 150,000
March 1, 2010 Private Placement [Member] | Convertible Promissory Note [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 Payable, Current	[1]				475,000	475,000
October 25, 2010 Private Placement [Member] | Convertible Promissory Note [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.
Debt instrument, convertible, number of equity instruments			50,000
Convertible Notes Payable, Current					487,500	487,500
Private Placement [Member] | Convertible Promissory Note [Member]
Line of Credit Facility [Line Items]
Convertible Notes Payable, Current					962,500	962,500
Debt Instrument, Periodic Payment		$ 486,796
Interest Payable					950,371	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%
Line of credit, expiration date							Nov. 1, 2012
Number of options awarded							50,000
Share issued price per share options							$ 1.75
Line of credit, principal and accrued interest					$ 2,123,422	$ 2,033,175
Line of Credit [Member] | Maximum [Member] | Lender [Member]
Line of Credit Facility [Line Items]
Number of options awarded							250,000
Share issued price per share options							$ 1.75
[1]	Of the 2010 placements above, $ 75,000

Convertible Debentures (Details

Convertible Debentures (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 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 14, 2014 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	matured six years from the date of issuance
February 14, 2014 Private Placement [Member] | Convertible Debt Securities [Member] | Tranche 1 [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
February 14, 2014 Private Placement [Member] | Convertible Debt Securities [Member] | Tranche 2 [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
February 14, 2014 Private Placement [Member] | Convertible Debt Securities [Member] | Tranche 3 [Member]
Short-term Debt [Line Items]
Collateralized convertible senior debentures	$ 1,000,000
February 14, 2014 Private Placement [Member] | Convertible Debt Securities [Member] | Tranche 3 [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 14, 2014 Private Placement [Member] | Convertible Debt Securities [Member] | Tranche 3 [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 14, 2014 Private Placement [Member] | Non Convertible Senior Debentures [Member]
Short-term Debt [Line Items]
Convertible debenture payable	$ 50,000
Convertible Debentures [Member]
Short-term Debt [Line Items]
Interest payment in default	427,081
Accrued interest due	$ 501,081	$ 427,081

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, 2016	Dec. 31, 2021	Dec. 31, 2020	Sep. 26, 2014
Short-term Debt [Line Items]
Debt interest rate								4.00%
Short term notes and interest bearing advance						$ 80,504	$ 80,504
Unrelated Third Party [Member]
Short-term Debt [Line Items]
Debt interest rate		12.50%
Accrued interest						15,342	12,217
Short term notes and interest bearing advance		$ 25,000
Seven Lenders [Member]
Short-term Debt [Line Items]
Cash received advances				$ 47,500	$ 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	9,800
Debt matures term			4 years
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						8,553	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 31, 2021USD ($)a	May 30, 2021USD ($)shares	Aug. 21, 2018USD ($)	Jun. 30, 2018USD ($)	Jul. 24, 2017USD ($)	Jul. 31, 2020USD ($)a	Mar. 31, 2018USD ($)	Jul. 31, 2017USD ($)a	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2016USD ($)	Mar. 31, 2019USD ($)	Nov. 30, 2018USD ($)	Jun. 09, 2017	Aug. 25, 2016	Sep. 26, 2014
Debt instrument, interest rate, stated percentage																		4.00%
Proceeds from related parties											$ 114,078
Debt Instrument, Periodic Payment, Interest		$ 50,000
Fair value of stock issuance liability		$ 33,500
Debt Instrument, Unamortized Discount											13,583	0
Common Stock [Member]
Shares, Issued | shares		100,000
Promissory Note [Member]
Debt instrument, interest rate, stated percentage																12.50%
Accrued interest due											8,553	6,677
Mississippi Gaming Corporation [Member] | Secured Promissory Note [Member]
Accrued interest due											49,194	39,050
Chairman [Member]
Debt instrument, interest rate, stated percentage							15.00%
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.
Principal amount				$ 200,000											$ 100,000
Chairman [Member] | March 2019 and March 2018 [Member]
Accrued interest due											210,094	140,433
Principal amount											467,953
Repayment of related party debt											16,250
Board of Directors [Member] | March 2019 [Member]
Principal amount														$ 200,000
Chairman of the Board [Member]
Area of land, owned | a	400					400
Principal amount		$ 50,000
Taxes payable	$ 62,610					$ 67,076
Property related fees	1,468					1,573
Amortization of Debt Discount (Premium)											$ 19,916
Chairman of the Board [Member] | July, 2021 [Member]
Repayments of secured debt	$ 100,000					$ 150,000
President [Member]
Debt instrument, interest rate, stated percentage											9.00%
Accrued interest due											$ 33,361	22,925
Proceeds from related parties					$ 20,000
Secured obligation			$ 100,000
Due from Officers or Stockholders											38,724
Repayments of Debt											34,845
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
President [Member] | Third Lien [Member]
Loan amount							100,000
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]
Derivative, Fair Value, Net											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
Seven Lenders [Member]
Cash received advances									$ 47,500				$ 47,500
Three Current Directors [Member]
Cash received advances									$ 25,000
Seven Lenders and Three Current Directors [Member]
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%
Accrued interest due											68,262	55,682
Proceeds from related parties										$ 90,000
Increase (Decrease) in Property and Other Taxes Payable								$ 67,628
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
Chairman of Board [Member] | Diamond Head Property [Member]
Secured promissory note											300,000
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											722,172	635,605
Debt Instrument, Unamortized Discount											$ 13,584	$ 0

Notes Payable Due Others (Detai

Notes Payable Due Others (Details Narrative) - USD ($)	1 Months Ended							12 Months Ended
	Nov. 30, 2021	Jul. 31, 2021	May 31, 2021	Apr. 30, 2021	Jan. 31, 2021	Dec. 31, 2020	Oct. 31, 2017	Dec. 31, 2021	Dec. 31, 2020	Feb. 28, 2021	Sep. 26, 2014
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage											4.00%
Proceeds from short-term notes payable								$ 225,000	$ 100,000
Debt instrument, original issue discount rate						$ 0		13,583	0
Unrelated Lenders [Member]
Debt Instrument [Line Items]
Debt instrument, original issue discount rate								$ 102,000
Unrelated Lenders [Member] | Common Stock [Member]
Debt Instrument [Line Items]
Debt Instrument, Call Feature								There is a call for the issuance of a total of 500,000 shares of common stock in connection with the notes and liens, however, no shares have been issued to date.
Stock Issued During Period, Shares, New Issues								500,000
Liabilities, Fair Value Adjustment								$ 22,050
Others [Member]
Debt Instrument [Line Items]
Debt discount was amortized to interest expense								119,369
Four Year Note Issued In Settlement [Member]
Debt Instrument [Line Items]
Legal Fees							$ 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			126,250
Proceeds from short-term notes payable			$ 100,000	$ 100,000		100,000
Debt instrument, original issue discount rate			20,000	20,000		$ 26,250			26,250
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] | Common Stock [Member]
Debt Instrument [Line Items]
Debt instrument, original issue discount rate						$ 130,115		$ 372,483	$ 130,115
Promissory Note One [Member] | Unrelated Lenders [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 50,000	$ 25,000	70,000	70,000						$ 25,000
Proceeds from short-term notes payable	$ 50,000	$ 25,000
Promissory Note Two [Member] | Unrelated Lenders One [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			25,000	25,000						$ 31,250
Two Additional Promissory Notes [Member] | Unrelated Lenders [Member]
Debt Instrument [Line Items]
Proceeds from short-term notes payable					$ 50,000
Debt instrument, original issue discount rate					$ 6,250
Promissory Note Three [Member] | Unrelated Lenders Two [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			$ 25,000	$ 25,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Sep. 26, 2014
Related Party Transaction [Line Items]
Debt instrument, interest rate, stated percentage			4.00%
Monthly base rent	$ 4,534
[custom:RentExpense-0]	54,408	$ 54,408
Associated rental costs	27,808	25,020
Operating Lease, Expense	82,216	79,428
Current And Former Directors [Member]
Related Party Transaction [Line Items]
Accrued directors fees	$ 748,750	658,750
President [Member]
Related Party Transaction [Line Items]
Accrued payroll due officers		3,066,996
Debt instrument, interest rate, stated percentage	9.00%
Accrued interest	$ 33,361	22,925
Accrued Rent	483,424	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	272,360	245,360
Accrued interest	1,612,158	$ 1,339,799
Director [Member]
Related Party Transaction [Line Items]
Directors fees	$ 15,000

Schedule of Fixed Plan and Non-

Schedule of Fixed Plan and Non-plan Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Options, Outstanding, Beginning Balance	4,555,000	3,415,000
Options, Outstanding, Weighted Average Exercise Price, Beginning Balance	$ 0.41	$ 0.44
Options, Granted		1,290,000
Options, Granted, Weighted Average Exercise Price		$ 0.46
Options, Exercised
Options, Exercised, Weighted Average Exercise Price
Options, Expired		(150,000)
Options, Expired, Weighted Average Exercise Price		$ 1.25
Options, Forfeited
Options, Forfeited, Weighted Average Exercise Price
Options, Outstanding, Ending Balance	4,555,000	4,555,000
Options, Outstanding, Weighted Average Exercise Price, Ending Balance	$ 0.41	$ 0.41
Options, Exercisable, Ending Balance	4,555,000	4,555,000
Options, Exercisable, Weighted Average Exercise Price, Ending Balance	$ 0.41	$ 0.41

Schedule of Stock Options Outst

Schedule of Stock Options Outstanding and Exercisable (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number Outstanding	4,555,000	4,555,000
Number of Exercisable Options	4,555,000	4,555,000
Exercise Price Range One [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 0.19	$ 0.19
Number Outstanding	2,000,000	2,000,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)	2 years	3 years
Outstanding Options, Weighted Average Exercise Price	$ 0.19	$ 0.19
Number of Exercisable Options	2,000,000	2,000,000
Exercisable Options, Weighted Average Exercise Price	$ 0.19	$ 0.19
Exercise Price Range Two [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 0.30	$ 0.30
Number Outstanding	750,000	750,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)	2 years	3 years
Outstanding Options, Weighted Average Exercise Price	$ 0.30	$ 0.30
Number of Exercisable Options	750,000	750,000
Exercisable Options, Weighted Average Exercise Price	$ 0.30	$ 0.30
Exercise Price Range Three [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 0.75	$ 0.75
Number Outstanding	215,000	215,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)	2 years	3 years
Outstanding Options, Weighted Average Exercise Price	$ 0.75	$ 0.75
Number of Exercisable Options	215,000	215,000
Exercisable Options, Weighted Average Exercise Price	$ 0.75	$ 0.75
Exercise Price Range Four [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 1.75	$ 1.75
Number Outstanding	300,000	300,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)	2 years	3 years
Outstanding Options, Weighted Average Exercise Price	$ 1.75	$ 1.75
Number of Exercisable Options	300,000	300,000
Exercisable Options, Weighted Average Exercise Price	$ 1.75	$ 1.75
Exercise Price Range Five [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 0.46	$ 0.46
Number Outstanding	1,290,000	1,290,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)	2 years	3 years
Outstanding Options, Weighted Average Exercise Price	$ 0.46	$ 0.46
Number of Exercisable Options	1,290,000	1,290,000
Exercisable Options, Weighted Average Exercise Price	$ 0.46	$ 0.46

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative) - USD ($)	Nov. 09, 2020	Nov. 06, 2020	Jan. 03, 2018	Dec. 19, 1988	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Class of Stock [Line Items]
Share-based compensation arrangement by share-based payment award, options, outstanding, number					4,555,000	4,555,000	3,415,000
Stock-based compensation expense						$ 831,000
Shares Issued in Period							0
Number of options previously granted to purchase of common stock						1,290,000
Exercise price of options granted						$ 0.46
Exercises in Period
Preferred stock, shares outstanding					2,086,000	2,086,000
Preferred stock, par or stated value per share					$ 0.01	$ 0.01
Series S Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares outstanding					926,000	926,000
Preferred stock, par or stated value per share					$ 0.01
Preferred stock, redemption terms					These shares may be redeemed at the option of the Company at $1.08 per share plus $.0108 per share for each quarter that such shares are outstanding for a total of $2.18 per share at December 31, 2021.
Preferred stock, liquidation preference per share					$ 1.08
Cumulative dividends					$ 315,000	$ 285,000
Series S-NR Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares outstanding					900,000	900,000
Preferred stock, par or stated value per share					$ 0.01
Preferred stock, liquidation preference per share					$ 1.11
Non-cumulative dividends in arrears					$ 315,000	$ 285,000
Series S-PIK Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares outstanding					260,000	260,000
Preferred stock, par or stated value per share					$ 0.001
Preferred stock, liquidation preference per share					$ 2
Cumulative dividends					$ 436,800	$ 395,200
Convertible preferred stock, terms of conversion					Each share of Series S-PIK preferred stock is convertible into one share of the Company’s common voting stock at any time after February 15, 1995.
Conversion of stock shares converted					0	0
Preferred stock, dividend rate, per-dollar-amount					$ 0.04
Stock Option Plan [Member]
Class of Stock [Line Items]
Stock-based compensation expense						$ 573,000
Shares Issued in Period					0
Number of shares purchase stock options granted				1,000,000
Common stock reserved shares for issuance				1,000,000
Expiration Period				10 years
Exercises in Period					0
Stock Option Plan [Member] | Minimum [Member]
Class of Stock [Line Items]
Share-based compensation arrangement by share-based payment award, exercise options percentage				100.00%
2020 Grants [Member]
Class of Stock [Line Items]
Stock-based compensation expense						$ 258,000
Director [Member]
Class of Stock [Line Items]
Share-based compensation non option plan extended date description		the Board of Directors voted to extend 2,965,000 of these outstanding options from December 31, 2020 to December 31, 2023. Accordingly, 150,000 of these 3,115,000 options expired at December 31, 2020.
Six Current Directors and Three Officers [Member] | Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Number of options previously granted to purchase of common stock	1,290,000
Exercise price of options granted	$ 0.46
Options expiration date	Dec. 31, 2023
Martin Blount [Member] | Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Number of options previously granted to purchase of common stock	200,000
Daniel Burstyn [Member] | Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Number of options previously granted to purchase of common stock	40,000
Robert Crow [Member] | Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Number of options previously granted to purchase of common stock	100,000
Benjamin Harrell [Member] | Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Number of options previously granted to purchase of common stock	360,000
Gregory Harrison [Member] | Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Number of options previously granted to purchase of common stock	450,000
Deborah Vitale [Member] | Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Number of options previously granted to purchase of common stock	140,000
Board of Directors Chairman [Member]
Class of Stock [Line Items]
Share-based compensation non option plan extended date description			extend from March 13, 2018 to December 31, 2020
Share-based compensation arrangement by share-based payment award, options, outstanding, number			3,115,000
Stock-based compensation expense								$ 21,570

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair market value, shares	1,829,555
Fair market value	$ 457,389
Shares repurchased during period, value
Pledge Agreement [Member]
Shares repurchased during period, shares	79,545	79,545
Shares repurchased during period, value	$ 19,886	$ 16,704
Employee Stock Ownership Plan [Member]
Equity ownership percentage	8.00%

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	$ 9,000,000
Tax Credit Carryforward, Limitations on Use	expire during various periods through 2041
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Deferred Tax Assets, Valuation Allowance	$ 1,900,000	$ 2,200,000
Effective Income Tax Rate Reconciliation, Percent		0.00%
Deferred Tax Assets, Net of Valuation Allowance		$ 0
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 262,000	$ 249,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)

Sep. 26, 2014USD ($)

Nov. 30, 2021USD ($)shares

Jul. 31, 2021USD ($)shares

Jun. 30, 2021USD ($)shares

Apr. 30, 2021USD ($)shares

Dec. 31, 2021USD ($)

Feb. 17, 2021USD ($)

Jan. 26, 2021USD ($)

Dec. 31, 2020USD ($)

Aug. 21, 2018USD ($)

Dec. 16, 2016USD ($)

Dec. 31, 2014USD ($)

Mar. 31, 2014USD ($)

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

Other Accrued Liabilities, Current

$ 223,061

$ 378,200

Employee Stock Ownership Plan [Member]

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

Other Accrued Liabilities, Current

$ 312,600

220,750

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

Second Lien [Member]

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

Amount owed

$ 250,000

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

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

Number of shares issuable | shares

100,000

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

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

Debt instrument, face amount

$ 50,000

Number of shares issuable | shares

100,000

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

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

Debt instrument, face amount

$ 25,000

Number of shares issuable | shares

50,000

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

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

Debt instrument, face amount

$ 50,000

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

Board of Directors Chairman [Member] | Diamond Head Property [Member] | Fourteenth Lien [Member]

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

Notes Payable

$ 150,000

Board of Directors Chairman [Member] | Diamond Head Property [Member] | Fifteenth Lien [Member]

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

Notes Payable

$ 100,000

Casinos Austria Maritime Corporation [Member]

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

Other Commitments, 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 1 [Member] | Investors Lien [Member]

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

Debt instrument, face amount

$ 1,000,000

Collateralized Convertible Senior Debentures [Member] | Tranche 2 [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) - USD ($)	1 Months Ended
	Mar. 31, 2022	Feb. 04, 2022	Dec. 31, 2021	Dec. 31, 2020
Subsequent Event [Line Items]
Shares of common stock issued			39,052,472	39,052,472
Subsequent Event [Member] | Mississippi Property [Member]
Subsequent Event [Line Items]
Taxes payable	$ 60,436
Additional loan amount	19,564
Principal amount	$ 80,000
Number of stock issued	160,000
Repayment of related party debt	$ 80,000
Subsequent Event [Member] | Mississippi Property [Member] | Secured Promissory Notes One [Member]
Subsequent Event [Line Items]
Principal amount	$ 40,000
Number of stock issued	80,000
Subsequent Event [Member] | Mississippi Property [Member] | Secured Promissory Notes Two [Member]
Subsequent Event [Line Items]
Principal amount	$ 40,000
Number of stock issued	80,000
Subsequent Event [Member] | Mr. Harrison [Member]
Subsequent Event [Line Items]
Shares of common stock issued		35,000