On line casino developers discussing $250 million undertaking in Slidell

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

Discussions are less than way to acquire a $250 million on line 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 go to southeast Louisiana, in which it hopes to develop a $250 million casino and vacation resort in south Louisiana.

The Situations-Picayune/The New Orleans Advocate reviews that Los Angeles-based mostly Peninsula Pacific Entertainment — also recognized as P2E — states it has started discussions about the venture with officers in St. Tammany Parish.

The venture faces multiple authorized hurdles. For occasion, St. Tammany voters would have to undo a 1996 referendum in which they rejected casinos and online video poker. The Legislature would have to vote to set such a evaluate on the ballot. Point out Gaming Manage Board authorization also would be necessary.

P2E retains the license for the DiamondJacks riverboat casino in Bossier Town and desires to transfer it to a additional rewarding spot, the newspaper noted.

The challenge would be on a waterfront internet site around Slidell. The proposal contains a 250-area resort and would protect about 50 acres.

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

Much more than a 10 years back, former Parish President Kevin Davis confronted potent opposition when he floated the idea of a gaming elaborate in the Slidell area.

But current Parish President Mike Cooper mentioned he thinks community sentiment has modified.

DiamondJacks in Bossier has been closed since past yr. It’s license is for one of 15 point out riverboat casinos. A 2018 improve in state law will allow gambling operations on land in its place of restricting them to water.