On line casino builders talking about $250 million Louisiana undertaking

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

Sunshine 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 build a $250 million on line casino and vacation resort in south Louisiana.

The Periods-Picayune/The New Orleans Advocate experiences that Los Angeles-based Peninsula Pacific Entertainment — also acknowledged as P2E — suggests it has started off discussions about the job with officers in St. Tammany Parish.

The project faces numerous legal hurdles. For instance, St. Tammany voters would have to undo a 1996 referendum in which they rejected casinos and video poker. The Legislature would have to vote to put these kinds of a measure on the ballot. Condition Gaming Handle Board permission also would be needed.

P2E holds the license for the DiamondJacks riverboat casino in Bossier City and needs to move it to a much more financially rewarding location, the newspaper documented.

The project would be on a waterfront site near Slidell. The proposal involves a 250-space hotel and would protect about 50 acres.

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

Additional than a ten years in the past, former Parish President Kevin Davis faced strong opposition when he floated the notion of a gaming intricate in the Slidell spot.

But recent Parish President Mike Cooper explained he thinks general public sentiment has transformed.

DiamondJacks in Bossier has been shut considering the fact that previous 12 months. It truly is license is for a single of 15 point out riverboat casinos. A 2018 alter in condition regulation allows gambling operations on land instead of restricting them to drinking water.