On line casino developers talking about $250 million challenge in Slidell

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 acquire a $250 million casino and resort in south Louisiana.

The Periods-Picayune/The New Orleans Advocate reviews that Los Angeles-dependent Peninsula Pacific Entertainment — also known as P2E — claims it has started off discussions about the job with officials in St. Tammany Parish.

The job faces numerous legal hurdles. For occasion, St. Tammany voters would have to undo a 1996 referendum in which they turned down casinos and video clip poker. The Legislature would have to vote to set this kind of a evaluate on the ballot. State Gaming Manage Board authorization also would be wanted.

P2E holds the license for the DiamondJacks riverboat casino in Bossier Metropolis and needs to move it to a extra profitable location, the newspaper claimed.

The undertaking would be on a waterfront web site near Slidell. The proposal contains a 250-home resort and would include about 50 acres.

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

Far more than a 10 years back, former Parish President Kevin Davis faced sturdy opposition when he floated the strategy of a gaming sophisticated in the Slidell place.

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

DiamondJacks in Bossier has been shut given that past calendar year. It’s license is for a person of 15 state riverboat casinos. A 2018 transform in point out regulation makes it possible for gambling operations on land in its place of proscribing them to water.