LRGC Gaming Investors, a subsidiary of The Cordish Companies, started out production at the Live! Casino & Hotel Louisiana, a landmark assignment predicted to goal the Shreveport-Bossier marketplace as a gaming, amusement and hospitality destination.
The assignment, predicted to value over $270m, objectives to be a catalyst for financial growth, projecting to generate significant tax sales for the City of Bossier and the State of Louisiana.
Over the primary 5 years of operation, it anticipates producing approximately $35m in gaming tax sales for Bossier City and over $168m for the country.
Moreover, it’s miles predicted to create approximately 750 production jobs and an extra 750 everlasting positions in gaming and hospitality.
Jon Cordish, Principal of The Cordish Companies, said: “With the primary land-primarily based totally on line casino withinside the marketplace, Live! Casino may be a transformative improvement a good way to carry a quality gaming and amusement revel in to tens of thousands and thousands of visitors, create massive new jobs and generate tens of thousands and thousands of bucks in financial blessings for the network for generations to come. I’d want to thank country and neighborhood officials, especially Mayor Chandler and Ronnie Johns, for his or her persevered help for this assignment.”
Set to open in 2025, the Live! Casino & Hotel Louisiana will span over 47,000 rectangular toes of gaming space, providing 1,000+ slots, digital desk video games and live-movement desk video games.
The assets additionally objectives to host a sportsbook, a 550-room upscale hotel, a resort-fashion pool, a health centre and a 25,000-rectangular-foot Event Center for amusement and gatherings. The eating and amusement alternatives goal to embody 30,000 rectangular toes.
The Live! Casino & Hotel Louisiana is being advanced on the previous web website online of Diamond Jacks Casino & Hotel in Bossier City, located alongside the Red River.
This initiative follows The Cordish Companies’ in advance proposals and approvals for the preservation and transformation , placing the degree for the Live! Casino & Hotel Louisiana to be the region’s land-primarily based totally on line casino and amusement complex.