On line casino developers speaking about $250 million Louisiana job

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

The Moments-Picayune/The New Orleans Advocate studies that Los Angeles-dependent Peninsula Pacific Enjoyment — also identified as P2E — says it has begun conversations about the undertaking with officers in St. Tammany Parish.

The project faces numerous authorized 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 this sort of a measure on the ballot. Condition Gaming Regulate Board authorization also would be desired.

P2E holds the license for the DiamondJacks riverboat casino in Bossier Town and would like to move it to a much more profitable spot, the newspaper reported.

The job would be on a waterfront internet site around Slidell. The proposal incorporates a 250-place resort and would go over about 50 acres.

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

More than a 10 years back, former Parish President Kevin Davis confronted robust opposition when he floated the plan of a gaming sophisticated in the Slidell region.

But current Parish President Mike Cooper reported he thinks public sentiment has changed.

DiamondJacks in Bossier has been closed since last calendar year. It can be license is for 1 of 15 condition riverboat casinos. A 2018 transform in point out legislation enables gambling functions on land as a substitute of proscribing them to drinking water.