{"id":303273,"date":"2023-12-15T00:34:28","date_gmt":"2023-12-15T06:34:28","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=303273"},"modified":"2023-12-15T21:14:07","modified_gmt":"2023-12-16T03:14:07","slug":"270m-live-casino-hotel-louisiana-breaks-ground-bossier-city","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/270m-live-casino-hotel-louisiana-breaks-ground-bossier-city\/","title":{"rendered":"$270M Live! Casino Hotel Louisiana Breaks Ground in Bossier City"},"content":{"rendered":"

Construction on Live! Casino & Hotel Louisiana in Bossier City is officially underway.<\/p>\n

\"Live!
Executives from The Cordish Companies and state and local officials break ground on Live! Casino & Hotel Louisiana in Bossier City on Dec. 13, 2023. The $270 million project is a redevelopment of the former Diamond Jacks riverboat casino and hotel. (Image: The Cordish Companies)<\/figcaption><\/figure>\n

On Wednesday, the Cordish Companies celebrated the commencement of construction<\/a> on the first land-based casino in the Shreveport-Bossier City market. Cordish acquired the shuttered Diamond Jacks riverboat and hotel this fall for an undisclosed price from Foundation Gaming.<\/p>\n

\n

The $270 million redevelopment will result in a new 47,000-square-foot brick-and-mortar casino with over 1,000 slots and 40 live dealer table games. The hotel will undergo a major renovation, resulting in an upscale 550-room property with a resort pool and fitness center.<\/p>\n<\/div>\n

Cordish also builds a 25,000-square-foot multipurpose events center and 30,000 square feet of dining venues. A parking garage is also planned.<\/p>\n

Cordish operates Live! Casino & Hotel Maryland in Hanover, Live! Casino & Hotel Philadelphia, and Live! Casino Pittsburgh in the city suburb of Westmoreland.<\/p>\n

Cordish First<\/b><\/h2>\n

Cordish has emerged as one of the country’s most bullish gaming developers in recent years. The company opened both Pennsylvania casinos amid the COVID-19 pandemic with Live! Pittsburgh is opening in November 2020 and Live! Philadelphia in early 2021.<\/p>\n

Cordish has been as active as any other major casino company after the coronavirus. The company is interested in building commercial casinos in North Carolina<\/a>, Virginia, and Texas. Though none of those states have led to gaming projects, Cordish found a new market to expand to by way of Louisiana<\/a>.<\/p>\n

The company’s redevelopment of Diamond Jacks also marks a first for Cordish, as the hospitality, gaming, and mixed-use real estate developer has never reconditioned a shuttered casino to give it new life.<\/strong><\/p>\n

Live! Casino & Hotel Louisiana is being built along the Red River directly across from Shreveport. The property is approximately 20 miles from the Texas border and 40 miles from Arkansas.<\/p>\n

Cordish has already dismantled and removed the former Diamond Jacks riverboat casino.<\/p>\n

Bossier City Resurgence<\/b><\/h2>\n

Diamond Jacks’ former owner, Peninsula Pacific Entertainment, unsuccessfully sought to relocate its Louisiana gaming license to a more favorable operating market. Ronnie Johns<\/a>, the Louisiana Gaming Commission chair, believes Cordish’s investment will help revitalize Bossier City.<\/p>\n

\n

There’s no doubt the gaming market in Shreveport-Bossier has a bright future,”<\/strong> Johns told USA Today <\/i>this week. “To see this happening is incredible.”<\/strong><\/p>\n<\/blockquote>\n

The resort will create 750 permanent positions on annual salaries, wages, and tips of a projected $34 million, or about $45,333 per job. The per capita income in Bossier City in 2022, according to the US Census Bureau, was $30,737.<\/p>\n

Cordish expects its first casino in Louisiana to open in early 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cordish has underway with Live! Casino & Hotel Louisiana in Bossier City.<\/p>\n","protected":false},"author":25,"featured_media":303278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32093,86436],"tags":[83267,83460,84141,81950,89150,82070,86292],"acf":[],"yoast_head":"\n$270M Live! Casino Hotel Louisiana Breaks Ground in Bossier City<\/title>\n<meta name=\"description\" content=\"Construction on Live! Casino & Hotel Louisiana in Bossier City is underway. 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