The Cordish Companies Secure Approval for $270M Louisiana Project

Leading gaming and entertainment operator, The Cordish Companies, announced a major achievement, clearing the path of the company for its expansion into the casino sector in Bossier City, Louisiana. On Thursday, the company revealed that its affiliate, LRGC Gaming Investors, LCC, secured the required regulatory approvals to become a gambling operator in the state from the gambling regulator, the Louisiana Gaming Control Board.

The unanimous approval paved the way for The Cordish Companies’ expansion into Louisiana, allowing it to complete the acquisition of the Diamond Jacks Casino & Hotel in Bossier City. Additionally, the regulatory approval enables the company to start the transformation of the property into a world-class Live! Casino & Hotel Louisiana. The premium entertainment, gaming and leisure location is expected to open at some point in 2025.

At the public hearing with the state’s gambling regulator, Cordish representatives u phl63 nveiled details regarding the new premium entertainment location. Representing an investment north of $270 million, the new Live! Casino & Hotel Louisiana is expected to offer supreme dining, entertainment, hotel and casino amenities.

The project includes some 550 hotel rooms, as well as a fitness center and resort pool. A wide range of food and beverage outlets will ensure supreme dining experiences, while a 25,000-square-foot multi-purpose state-of-the-art Event Center will be used for social events, meetings and conventions. The premium gaming and entertainment destination will offer surfaced and structured parking as well.

When it comes to gaming amenities, visitors to the new resort will be able to experience more than 40 live-action table games, as well as more than 1,000 slots and electronic table games. A sportsbook will also be available on site, delivering entertainment for sports fans.

The Approval Marks a Milestone Moment for Cordish

Ronnie Johns, Louisiana Gaming Control Board’s chairman, revealed that the regulator is delighted to grant The Cordish a license for their project in Bossier City. “Cordish has an exceptional reputation in providing first rate casino experiences as well as hospitality and entertainment venues across the country,” he added. Johns pointed out that the Board is excited to see the Live! brand enter Louisiana. Finally, he predicted that the casino and entertainment location would propel the growth of the region.

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“We’re grateful to the Louisiana Gaming Control Board for their approval and thank them for their consideration and enthusiastic support through this process.“

Joe Weinberg, managing partner at The Cordish Companies

Joe Weinberg, The Cordish Companies’ managing partner, thanked the gambling regulator for their approval and enthusiasm regarding the multi-million-dollar project. “Live! Casino & Hotel Louisiana will be a transformative development that will bring a first-class gaming, dining, entertainment, and hospitality experience, create significant new jobs, and generate millions of dollars in economic benefits for the community,” he explained. Finally, Weinberg said that the company is thrilled to see its massive project advance and become a go-to world-class location for the region.