Casino developers discussing $250 million Louisiana project

Catrina P. Smith

Discussions are under way to develop a $250 million casino and resort in south Louisiana.

Discussions are underneath way to develop a $250 million casino and vacation resort in south Louisiana.

Sunlight Herald file

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

The Moments-Picayune/The New Orleans Advocate reports that Los Angeles-primarily based Peninsula Pacific Leisure — also identified as P2E — states it has started out conversations about the challenge with officials in St. Tammany Parish.

The task faces multiple authorized hurdles. For instance, 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 place these kinds of a measure on the ballot. Condition Gaming Manage Board authorization also would be needed.

P2E retains the license for the DiamondJacks riverboat casino in Bossier Town and wishes to move it to a additional worthwhile site, the newspaper described.

The job would be on a waterfront site near Slidell. The proposal consists of a 250-place hotel and would address about 50 acres.

P2E chief government Brent Stevens mentioned Monday that among the the site’s pros are the proximity to Lake Pontchartrain, a marina and Interstate 10.

Additional than a ten years back, previous Parish President Kevin Davis faced sturdy opposition when he floated the thought of a gaming advanced in the Slidell area.

But present Parish President Mike Cooper mentioned he thinks public sentiment has adjusted.

DiamondJacks in Bossier has been closed due to the fact past year. It truly is license is for just one of 15 point out riverboat casinos. A 2018 adjust in point out legislation lets gambling operations on land rather of limiting them to water.

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