Casino builders talking about $250 million Louisiana job

SLIDELL, La. (AP) — The holder of the license for a northeast Louisiana on line casino is in discussions about a transfer to southeast Louisiana, the place it hopes to establish a $250 million on line casino and vacation resort in south Louisiana.

The Instances-Picayune/The New Orleans Advocate studies that Los Angeles-centered Peninsula Pacific Amusement — also regarded as P2E — suggests it has commenced conversations about the project with officials in St. Tammany Parish.

The undertaking faces many lawful hurdles. For instance, St. Tammany voters would have to undo a 1996 referendum in which they turned down casinos and video clip poker. The Legislature would have to vote to place these a measure on the ballot. Point out Gaming Control Board authorization also would be needed.

P2E retains the license for the DiamondJacks riverboat casino in Bossier Metropolis and wishes to transfer it to a more financially rewarding place, the newspaper reported.

The undertaking would be on a waterfront web-site in the vicinity of Slidell. The proposal includes a 250-room lodge and would include about 50 acres.

P2E chief executive Brent Stevens reported Monday that among the site’s rewards are the proximity to Lake Pontchartrain, a marina and Interstate 10.

Extra than a decade in the past, previous Parish President Kevin Davis faced sturdy opposition when he floated the strategy of a gaming elaborate in the Slidell space.

But existing Parish President Mike Cooper stated he thinks public sentiment has modified.

DiamondJacks in Bossier has been shut since final 12 months. Its license is for one particular of 15 condition riverboat casinos. A 2018 improve in state regulation makes it possible for gambling operations on land rather of restricting them to h2o.