Casino developers talking about $250 million Louisiana undertaking

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

Sun Herald file

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

The Occasions-Picayune/The New Orleans Advocate reports that Los Angeles-based mostly Peninsula Pacific Entertainment — also recognized as P2E — states it has started out discussions about the job with officers 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 video clip poker. The Legislature would have to vote to place these types of a measure on the ballot. Condition Gaming Handle Board authorization also would be needed.

P2E holds the license for the DiamondJacks riverboat casino in Bossier Town and wishes to move it to a extra successful site, the newspaper described.

The job would be on a waterfront web site in close proximity to Slidell. The proposal contains a 250-home resort and would go over about 50 acres.

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

A lot more than a 10 years in the past, previous Parish President Kevin Davis faced strong opposition when he floated the concept of a gaming elaborate in the Slidell place.

But latest Parish President Mike Cooper claimed he thinks community sentiment has adjusted.

DiamondJacks in Bossier has been closed considering that previous year. It truly is license is for a person of 15 condition riverboat casinos. A 2018 improve in point out legislation allows gambling functions on land alternatively of restricting them to h2o.