Casino builders speaking about $250 million Louisiana undertaking

The holder of the license for a northeast Louisiana on line casino is in discussions about a move to southeast Louisiana, wherever it hopes to establish a $250 million casino and vacation resort in south Louisiana.

The Situations-Picayune/The New Orleans Advocate reviews that Los Angeles-dependent Peninsula Pacific Amusement — also regarded as P2E — suggests it has started off conversations about the job with officials in St. Tammany Parish.

The project faces various authorized hurdles. For occasion, St. Tammany voters would have to undo a 1996 referendum in which they rejected casinos and movie poker. The Legislature would have to vote to set these a evaluate on the ballot. Point out Gaming Manage Board permission also would be required.

P2E holds the license for the DiamondJacks riverboat casino in Bossier Town and wants to go it to a far more lucrative site, the newspaper claimed.

The challenge would be on a waterfront web site in close proximity to Slidell. The proposal contains a 250-place hotel and would cover about 50 acres.

P2E main government Brent Stevens explained Monday that amongst the site’s benefits are the proximity to Lake Pontchartrain, a marina and Interstate 10.

Much more than a 10 years in the past, former Parish President Kevin Davis faced powerful opposition when he floated the concept of a gaming complicated in the Slidell location.

But recent Parish President Mike Cooper claimed he thinks community sentiment has transformed.

DiamondJacks in Bossier has been closed due to the fact very last yr. It is really license is for a person of 15 point out riverboat casinos. A 2018 modify in state legislation makes it possible for gambling operations on land alternatively of restricting them to water.