The Cordish Cos. gets approval to become casino operator in Louisiana
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The Louisiana Gaming Control Board Monday unanimously granted LRGC Gaming Investors, LCC, an affiliate of the Baltimore-based The Cordish Companies, the necessary regulatory approvals required to become a gaming operator in the state.
The approval clears the way for Cordish to finalize the acquisition of Diamond Jacks Casino & Hotel in Bossier City and begin the transformation of the existing casino riverboat into a Live-branded casino resort and entertainment destination.
Live Casino & Hotel Louisiana is scheduled to open in 2025.
During the public hearing to the Louisiana Gaming Control Board, Cordish officials presented an overview of the plans for the new Live Casino & Hotel Louisiana, which represents an investment of more than $270 million.
The casino resort will feature more than 47,000-square-feet of gaming space including more than 1,000 slots and electronic table games and 40+ live action table games, a sportsbook, an upscale 550-room hotel, resort pool and fitness center, a 25,000-square-foot multi-purpose event center for entertainment, meeting, conventions and nonprofit and social gatherings and 30,000-square-feet of dining entertainment venues. These will include more than six new food and beverage outlets featuring Sports & Social and PBR Cowboy Bar, Asian restaurant Luk Fu, a fine dining steakhouse and more.
The development of Live Casino & Hotel in Bossier City continues Cordish’s expansion across markets in the South Central and Southeast regions of the U.S. including Alabama, Florida, Georgia, North Carolina, Tennessee and Texas where the company currently has more than $1 billion under construction adjacent to its Texas Live! development in the Arlington Entertainment District in North Texas. This month, the Company opened Nashville Live, a 50,000-square-foot, five-level experience in the heart of downtown Nashville.
