On line casino builders discussing $250 million Louisiana job

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Conversations are less than way to produce a $250 million on line 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 shift to southeast Louisiana, in which it hopes to acquire a $250 million casino and resort in south Louisiana.

The Periods-Picayune/The New Orleans Advocate experiences that Los Angeles-based mostly Peninsula Pacific Amusement — also acknowledged as P2E — says it has begun conversations about the project with officials in St. Tammany Parish.

The undertaking faces numerous legal hurdles. For instance, St. Tammany voters would have to undo a 1996 referendum in which they turned down casinos and movie poker. The Legislature would have to vote to put these kinds of a evaluate on the ballot. Condition Gaming Management Board permission also would be needed.

P2E retains the license for the DiamondJacks riverboat casino in Bossier Town and needs to go it to a far more financially rewarding place, the newspaper claimed.

The task would be on a waterfront website close to Slidell. The proposal consists of a 250-space resort and would protect about 50 acres.

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

Far more than a decade in the past, previous Parish President Kevin Davis faced strong opposition when he floated the strategy of a gaming complicated in the Slidell space.

But current Parish President Mike Cooper said he thinks public sentiment has modified.

DiamondJacks in Bossier has been closed considering that very last yr. It truly is license is for a person of 15 point out riverboat casinos. A 2018 modify in condition law lets gambling functions on land as an alternative of proscribing them to water.