The Cordish Companies has acquired unanimous approval from the Louisiana Gaming Control Board to turn out to be a on line casino operator in Bossier City, Louisiana.
This regulatory approval permits Cordish to finish its acquisition of , and begin the transformation of the assets right into a on line casino lodge and leisure complicated beneathneath the Live! brand.
The redevelopment task, set to open in 2025, consists of the development of the primary land-primarily based totally on line casino withinside the Shreveport-Bossier market.
Joe Weinberg, Managing Partner at The Cordish Companies, expressed gratitude for the approval and shared their pleasure for the task, stating: “Live! Casino & Hotel Louisiana may be a transformative improvement with the intention to deliver a great gaming, eating, leisure and hospitality experience, create extensive new jobs and generate tens of thousands and thousands of greenbacks in financial blessings for the community. We are extraordinarily excited to retain transferring ahead with this task and supply a world-magnificence vacation spot to the region.”
During the general public hearing, Cordish officers offered an outline of the Live! Casino & Hotel Louisiana, representing an funding exceeding $270m.
The facility will embody over 47,000 rectangular toes of gaming space, housing greater than 1,000 slots, digital desk video games and over forty live-motion desk video games.
Additionally, it’s going to characteristic a sportsbook, a 550-room hotel, lodge–fashion amenities, a 25,000-rectangular-foot Event Center and over 30,000 rectangular toes of eating and leisure venues.
The Live! Casino & Hotel improvement in Bossier City represents a continuation of Cordish’s enlargement withinside the South Central and Southeast areas of the United States — with different traits in Alabama, Florida, Georgia, North Carolina, Tennessee and Texas — wherein they presently have over $1bn beneathneath production withinside the Arlington Entertainment District.