The President Casino was initially operated as a riverboat near the Broadwater Resort at the Broadwater Resort Marina.  It wasn't until 1995 that operators replaced the riverboat with a barge abandoned by Gold Shore Casino a few months earlier.

The property, previously known as the Broadwater Beach Hotel and Resort, was a Mississippi landmark, having opened in the 1930s as an illegal gambling hall.  As a casino, it was popular with the locals for featuring tables with low limits.