On April 4, Basis Gaming Group, the brand new Mississippi-based house owners of the earlier Diamond Jacks On line casino in Bossier Metropolis, Louisiana, obtained approval from the Louisiana Gaming Fee to proceed with the sale of the long-closed Diamond Jacks On line casino to Maryland-based Cordish firm, a serious nationwide hospitality, leisure and gaming firm.
Nevertheless, this new sale would delay the on line casino’s official reopening until 2025.
Sale of property:
The Louisiana Gaming Fee held a particular assembly with Basis Gaming on Tuesday to debate its request to proceed the property sale course of, and all went properly for Basis Gaming as they obtained approval, as talked about above.
On that notice, Louisiana Gaming Fee Chairman Ronnie Johns mentioned: “The ultimate product will exceed Basis’s ambitions and renovations for the mainly deserted property.”
After the assembly, Johns instructed the USA Right now Community: “It can set the mission again just a few months, however it is going to vastly improve it.”
Redevelopment of the on line casino:
As for the redevelopment course of, the officers of the Cordish firm will introduce their plans to the fee and the general public on the subsequent assembly of the fee, which shall be held on April 17.
In that regard, Johns, who launched letters of assist from Bossier Metropolis Mayor Tommy Chandler and the Bossier Parish Police Jury, mentioned: “I’m excited concerning the new developments that may improve the ultimate product.”
Fixed change of householders:
Previous to Basis Gaming, the property was owned by Peninsula Pacific, which formally bought the on line casino to Basis Gaming in December 2022, setting every thing up for a redevelopment that was then a mission price $200 million.
Nevertheless, the on line casino has been formally closed since spring 2020, as a consequence of what earlier proprietor Peninsula Pacific referred to as the “surprising influence” of the COVID-19 pandemic, and the property has been utterly deserted since then.
However Peninsula by no means deliberate to open the on line casino once more. It invested every thing on a bid to make use of its license to assemble a $325 million casino-resort mission in St. Tammany Parish close to Slidell. Nevertheless, the overwhelming majority of voters rejected the proposal.
On this regard, Johns mentioned: “Peninsula purchased the property to go to St. Tammany. When that didn’t work out they bailed out.”
About:
Situated in Bossier Metropolis, Louisiana, Diamond Jacks On line casino was the primary to open within the Shreveport-Bossier market and started operations on the Isle of Capri in 1994.
When it was beforehand open, it had roughly 30,000 sq. toes of gaming area, involving 22 stay tables that includes craps, blackjack, roulette, Mississippi Stud, three card poker and rather more.
