Wednesday, June 19, 2024

It’s a-LIVE!

by BIZ Magazine

Plans unveiled for redevelopment of DiamondJacks Casino & Hotel

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 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.

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.

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.

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