The Cordish Companies gains Louisiana operator approval

October 20, 2023
By

The Cordish Companies has gained regulatory approval from The Louisiana Gaming Control Board ahead of its latest Live! casino project.

The Cordish Companies affiliate, LRGC Gaming Investors, LCC, was unanimously granted regulatory approvals in Louisiana by The Louisiana Gaming Control Board. This announcement now gives Cordish the opportunity to begin works on its Live! brand casino resort, the Live! Casino & Hotel Louisiana.

The creation of the Live! Casino & Hotel Louisiana is set to begin following the acquisition of Diamond Jacks Casino & Hotel in Bossier City, which will be renovated and transformed to match The Cordish Companies. The project's cost is estimated to be over $270m and, upon entry, the venue is expected to offer a variety of amenities.

Across a 47,000+ square foot gaming space, Live! Casino & Hotel Louisiana will offer over 1,000 slots and electronic table games, as well as a sportsbook and 40+ live-action table games. The hotel will feature over 500 rooms, accommodated for by a resort pool and fitness center, as well as a wide variety of food and drink outlets.

Alongside this, the venue will feature an all-purpose Events Center, and an LED media wall for multi-event viewing.

The Cordish Companies has been creating and managing casino resort destinations for over a century, with its portfolio in the US including the Hard Rock Hotel & Casino Hollywood, Live! Casino & Hotel Maryland, and Live! Casino & Hotel Philadelphia. As a casino under the Live! brand, it is likely that guests of the upcoming Live! Casino & Hotel Louisiana will also be able to participate in the Live! Rewards Loyalty Program.

"We're grateful to the Louisiana Gaming Control Board for their approval," said The Cordish Companies Managing Partner, Joe Weinberg. Weinberg believes the venue will offer, “first-class gaming, dining, entertainment, and hospitality”, that will “generate millions of dollars in economic benefits for the community.”

No specific opening date has been given; however, the venue is scheduled to begin operations sometime in 2025.

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