The Dawn of a New Era: Live! Casino & Hotel Louisiana Set to Open in 2025
Introduction
On October 25, 2024, a significant milestone was achieved in Bossier City, Louisiana—the Live! red logo was raised atop the newly rebranded Live! Casino & Hotel Louisiana. This marks the culmination of a $270 million redevelopment project that is transforming the former Diamond Jacks riverboat casino into a vibrant gaming destination. Set to officially open in the first quarter of 2025, this venture by The Cordish Companies promises to revitalize the local economy and bring exciting entertainment options to the region.
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A Bright Future Ahead
Joshua Robinson, vice president of marketing for Live! Casino & Hotel Louisiana, characterized the installation of the logo as the “beginning of a new era.” He likened it to adding icing to a cake, underscoring the anticipation and excitement surrounding the project. As of early 2025, Cordish will expand its gaming portfolio, joining Maryland and Pennsylvania, where it successfully operates other Live! venues, including Live! Casino & Hotel Maryland near Baltimore and Live! Casino & Hotel Philadelphia.
From Diamond Jacks to Live!
The transformation journey began when the previous owner of the Diamond Jacks casino, Peninsula Pacific Entertainment (P2E), permanently closed the property during the COVID-19 pandemic. Seeking to relocate its gaming license north of New Orleans, P2E faced pushback from local voters who were not in favor of the change. This led P2E to ultimately sell the struggling casino and hotel to Foundation Gaming in December 2022.
The Unfolding Story of Ownership
Foundation Gaming initially planned a $200 million renovation of the property but soon after, opted to sell it to Cordish for a more ambitious redevelopment plan. Despite lacking experience with distressed casinos, Cordish seized the opportunity to bring a unique blend of entertainment and hospitality to the region. The new Live! Casino & Hotel Louisiana will feature a modern, 47,000-square-foot casino, promising to provide an unparalleled gaming atmosphere.
State-of-the-Art Facilities
Live! Casino & Hotel Louisiana will include:
- 1,000 Slot Machines and Electronic Table Gaming Positions: A wide selection of gaming options to appeal to every type of gambler.
- 40 Live Dealer Table Games: An interactive gaming experience that mimics the feel of a land-based casino.
- A Sportsbook: Catering to the ever-growing popularity of sports wagering.
- Renovated Hotel Accommodations: Designed to offer an upscale experience, perfect for both leisure and business travelers.
- 31-Site RV Park: Complete with concrete pads and full hookups, inviting those who prefer to travel with their recreational vehicles.
- 25,000 Square Feet of Multipurpose Event Space: Accommodating conferences, receptions, and a variety of community events.
- Outdoor Pool: An inviting area for guests to relax and unwind.
This robust offering aims to create a dynamic environment that attracts not only gamblers but also families and groups seeking entertainment and leisure options.
Economic Impact
Cordish is poised to deliver substantial economic benefits to Bossier City. The project is expected to generate 750 permanent jobs, translating into a significant economic influx. In the first five years of operation, the casino anticipates contributing $35 million in gaming taxes to Bossier City and projecting $168 million toward the state.
Furthermore, the salary estimates for the 750 employees indicate an annual pay scale of approximately $34 million, averaging about $45,333 per employee. This figure stands well above the median household income in Bossier City, meaning that workers at the casino will likely earn significantly more than average local earners.
Commitment to the Community
In addition to providing jobs, Cordish has committed to working with local, minority, women, and veteran-owned businesses. This commitment reinforces the company’s dedication to fostering an inclusive economic environment and supporting the surrounding community.
Conclusion
The opening of Live! Casino & Hotel Louisiana signals a transformative step for Bossier City’s gaming landscape. With significant investments aimed at revitalizing the former Diamond Jacks casino, local residents and visitors can expect a fresh take on entertainment that combines gaming, dining, and hospitality. As the grand opening approaches, excitement continues to build, heralding a new era for both The Cordish Companies and the Bossier City community. The future indeed looks vibrant, promising to deliver a unique experience that resonates with all who come to enjoy the newly envisioned Live! destination.
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