On line casino developers speaking about $250 million venture in Slidell


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

Sunlight Herald file

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

The Occasions-Picayune/The New Orleans Advocate reviews that Los Angeles-centered Peninsula Pacific Leisure — also known as P2E — claims it has began conversations about the project with officials in St. Tammany Parish.

The task faces several 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. Point out Gaming Handle Board permission also would be necessary.

P2E retains the license for the DiamondJacks riverboat casino in Bossier City and needs to move it to a far more lucrative place, the newspaper noted.

The undertaking would be on a waterfront web-site close to Slidell. The proposal contains a 250-home hotel and would address about 50 acres.

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

More than a decade in the past, previous Parish President Kevin Davis faced powerful opposition when he floated the concept of a gaming complicated in the Slidell place.

But present-day Parish President Mike Cooper reported he thinks community sentiment has modified.

DiamondJacks in Bossier has been shut due to the fact very last calendar year. It is license is for 1 of 15 state riverboat casinos. A 2018 adjust in state regulation permits gambling functions on land alternatively of proscribing them to drinking water.