Sunday, May 26, 2024

Plans unveiled for redevelopment of old DiamondJacks Casino and Hotel in Bossier City

by BIZ Magazine

BALTIMORE, MD – The Cordish Companies has presented master project plans to the Louisiana Gaming Control Board for the redevelopment of Diamond Jacks Casino & Hotel in Bossier City. Cordish intends to transform the property into a world-class Live! casino resort and entertainment destination. Centrally, this includes the construction of an entirely new, first-class land-based Live! casino and the removal of the existing casino riverboat. Live! Casino & Hotel Louisiana is scheduled to open in 2025.

“We’re very excited and honored to present our plans to the Louisiana Gaming Control Board and thank them for their enthusiastic support of our project,” said Joe Weinberg, Managing Partner, The Cordish Companies. “Live! Casino & Hotel Louisiana will be a world-class resort destination that brings a first-class gaming, dining, entertainment and hospitality experience to the region, creates significant new jobs, and generates millions of dollars in economic benefits for the community. We look forward to working with Foundation Gaming & Entertainment, state and local officials, and the community to bring the project to fruition.”

“The development plan for the Diamond Jacks property that was presented this morning will be transformative, and we are thrilled to be a part of it,” said Greg Guida, Co-CEO of Foundation Gaming & Entertainment. “We are looking forward to finishing up the demolition that was started in February to get the property ready for the transformation to a Live! Casino & Hotel.”

The new LIVE! CASINO & HOTEL LOUISIANA, which represents an investment of $250+ million, will be a world-class gaming, dining, entertainment and hotel destination, featuring:

  • more than 47,000-square-feet of gaming space including 1,000+ slots and electronic table games and 30+ live action table games;
  • an upscale 400+ room resort-style hotel;
  • a 25,000-square-foot, state-of-the-art, multi-purpose event center for top name entertainment, meeting, conventions, non-profit and social gatherings;
  • structured and surface parking;
  • and 30,000-square-feet of best-in-class dining and entertainment venues including 6+ new food and beverage outlets featuring nationally acclaimed concepts Sports & Social and PBR Cowboy Bar.

“The Louisiana Gaming Control Board looks forward to working with The Cordish Companies to bring a world class casino and entertainment destination to the Bossier/Shreveport market. The reputation of The Cordish Companies throughout the country to own and operate first class casinos, restaurants, hotels, and entertainment destinations is exemplary. We thank Cordish for choosing Louisiana to bring their expertise and major investment to our gaming market,” said Ronnie Johns, Chairman, Louisiana Gaming Control Board. “The Board also wants to thank Foundation Gaming for their vision in beginning this much needed process of rebuilding a closed casino property. We will be working closely with both Foundation and Cordish to make this project a reality as soon as possible to deliver a gaming and entertainment destination that Louisiana can be proud of.”

“We are very excited to welcome The Cordish Companies team to Bossier City and look forward to working with them on this beautiful project,” said Thomas Chandler, Mayor of Bossier City, LA. “Live! Casino and Hotel Louisiana will attract millions of visitors to our city, create substantial new jobs, and generate additional significant tax revenue for our community. It’s a life changer for our region.”

In addition to fully renovating the hotel rooms and public space, Cordish plans to develop a brand new, land-based casino to replace the existing casino riverboat, as well as introduce a variety of new dining and entertainment concepts including a fine dining steakhouse and an Asian restaurant.

Among the featured outlets in the facility will be Sports & Social and PBR Cowboy Bar, two powerhouse names that are among the fastest growing concepts in the United States. The concepts are located at the front door of professional sports stadiums, high-profile entertainment and lifestyle districts, and world-class casino resort destinations across the U.S. including The Battery adjacent to Truist Park in Atlanta, GA; Ballpark Village adjacent to Busch Stadium in St. Louis, MO; Texas Live! in the heart of the Arlington Entertainment District; Live! Casino & Hotel Philadelphia in South Philadelphia’s Stadium District and Live! Casino & Hotel Maryland in the Baltimore/Washington Corridor.

Sports & Social, the premier sports bar and restaurant in the United States, offers guests an immersive sports entertainment atmosphere as the next best game watching experience outside of a stadium or arena. Curated by James Beard Award Nominee Chef John Suley, Sports & Social’s menu features an elevated selection from its made-from-scratch kitchen for lunch, dinner, and a can’t-miss brunch experience on the weekends. The bar’s beverage program includes creative craft cocktails, specialty drinks, and an extensive line-up of brews on tap.

The venue features multiple digital media experiences, including a state-of-the-art LED media wall, that allows guests to watch multiple games and sporting events at once. Game days at Sports & Socials feature an electric environment with elements such as emcees and DJs, live fan-cams, competitions and games, and industry-leading audio and visual displays including music and light effects. Sports & Social venues showcase a wide variety of interactive social and nostalgic arcade games throughout the space, as well as live music and special events during the week.

Born from the toughest sport on dirt, the iconic PBR Cowboy Bar lives up to its legendary namesake, Professional Bull Riders, which embodies toughness, determination, and a true spirit of independence. PBR Cowboy Bars fuse that spirit with first-class hospitality, bringing an authentic country western experience that marries an electric combination of “cowboy cool” and big-time entertainment. The venue offers high-energy music, expansive bars, private VIP tables, industry-leading sound & lighting, and amechanical bull.

The soul of PBR Cowboy Bar comes alive through its great entertainment, the best in country music, and its rich traditions, including Freedom Friday, a night of appreciation once a month forall military personnel, veterans, first responders and public service members. PBR Cowboy Bars have welcomed some of the biggest names in country music including Luke Bryan, Old Dominion, and Justin Moore.

The development of Live! Casino & Hotel in Bossier City continues Cordish’s vast expansion across markets in the South Central and Southeast regions of the U.S. including Alabama, Florida, Georgia, North Carolina, Tennessee, and Texas where the Company currently has over $1 billion under construction adjacent to its Texas Live! development in the Arlington Entertainment District in North Texas.

For over a century, The Cordish Companies has created and managed an extraordinary portfolio of upscale mixed-use, entertainment and casino resort destinations throughout the United States. Its Live! brand, highly regarded as one of the premier entertainment brands in the country, welcomes over 55 million annual visitors to its dining, entertainment, casino, hotel, and sports-anchored entertainment districts, many of which have revitalized communities and reshaped the social and economic landscape of major markets across the country. This transformational effect has earned the Company an unprecedented seven Urban Land Institute Awards for Excellence for its urban revitalization efforts, more than any other developer in the world. For over two decades, Live! has dramatically changed the entertainment experience, creating one-of-a kind destinations that offer a curated year-round calendar of special events, premier dining venues, first-class hospitality, and the best of local, regional and national entertainment.

In gaming, The Cordish Companies has developed the most successful casino entertainment resorts in the U.S. including the Hard Rock Hotel & Casino Hollywood, FL; the Hard Rock Hotel & Casino Tampa, FL; Live! Casino & Hotel Maryland; Live! Casino & Hotel Philadelphia; and Live! Casino Pittsburgh. The award-winning properties have been nationally recognized for excellence in operations, food and beverage offerings, and its Live! Rewards Loyalty Program, annually named one of the best casino loyalty programs in the country by USA Today’s 10Best Readers’ Choice Travel Awards. 

The Cordish Companies and its affiliates also have a strong history of leadership in philanthropy, volunteerism and community service working with local non-profit organizations in all markets where it does business and becoming active members of the community. Cordish is committed to supporting the Bossier City community and its non-profit organizations through direct monetary contributions and in-kind services, acting as a convener to assist community organizations and non-profits in their fundraising efforts and volunteerism, an endemic value to the Company and its team members.

The proposed project is subject to approval by the Louisiana Gaming Control Board. More details will be shared in the coming months. New information will be posted to the website as available at www.LiveCasinoLA.com.

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