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casino builders are presently discussing a future $250 million challenge for casino and resort in Louisiana.
A part of the dialogue is the situation of the challenge. The corporate holding the license expressed curiosity in shifting it from the northeast to the southeast a part of the state.
The corporate in thoughts is the Los Angeles-based Peninsula Pacific Leisure, also referred to as P2E. In accordance with the Occasions-Picayune/The New Orleans Advocate, the corporate has began dialogue with officers in St. Tammany Parish in regards to the challenge.
The highway to the $250 million casino and resort has not been straightforward. The challenge confronted a number of authorized hurdles.
The primary one is a 90s referendum, which the voters in St. Tammany must undo. In 1996 they rejected a risk for casinos and video poker. The Laws must vote to vary the present legislation and to place such a measure on the poll.
The challenge would even have to attend for the State Gaming Management Board’s permission.
Peninsula Pacific was based in 1999 by M Brent Steves. The unique thought was for it to be solely a holding firm of Peninsula Gaming, additionally led by Stevens, which was offered in 2012 for $1.45 billion.
P2E presently holds the license for the Diamond Jack riverboat casino in Bossier Metropolis and based on some sources it desires to maneuver to a extra worthwhile location, which is the Louisiana space.
The longer term web site for the casino challenge could be close to Slidell on the waterfront web site. In accordance with the proposal, the Louisiana casino and resort would come with a resort with 250 rooms and would cowl about 50 acres.
Whereas the Louisiana challenge is barely presently in a dialogue section, one other one just lately opened doorways. The brand new Dwell! casino & Lodge in Philadelphia opened in January for unique members solely. The official opening for the general public is scheduled for February 11.
The brand new facility is located simply 6 miles from Brooklawn Procuring Middle. It’s the newest achievement of the Dwell! Model, which is value $700 Million. Its location is subsequent to Stadium Vacation Inn., which was particularly demolished for the needs of the brand new casino.
Dwell! casino & Lodge Philadelphia was developed by a personal firm led by Cordish, which can be the proprietor of Xfinity Dwell complicated.
As a part of the license approval course of, the model promised to open job alternatives for many individuals. The present jobs out there are 2,000. The brand new facility is meant to learn the town by bringing $2 billion in financial stimulus.
The casino represents a 510,000-square-foot property with gaming corridor, resort, eating and leisure. It has 208 rooms within the resort half and hundreds of slot machines and over 100 desk video games within the casino half.
Supply: “casino builders discussing $250 million Louisiana challenge”, Solar Herald, February 3, 2021