The Cordish Companies Starts Construction on New Louisiana Casino

Article by : Erik Gibbs Dec 18, 2023

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Embarking on a unique venture, The Cordish Companies has initiated the construction of the LIVE! Casino & Hotel in Bossier City, a project with an impressive budget of $270 million.

The chosen location for this endeavor is the erstwhile site of the Diamond Jack casino. Expressing his enthusiasm for the project, Jon Cordish, the principal of The Cordish Companies, asserts that the forthcoming LIVE! Casino is poised to make history as the inaugural land-based casino in northwest Louisiana.

According to Cordish, this undertaking is not merely a development but a pivotal transformation that will redefine the local market. The vision is to establish a new benchmark, turning the LIVE! Casino into an unrivaled destination and a paramount regional hub for entertainment.

Cordish confidently predicts that this initiative will revolutionize the landscape, setting unprecedented standards and captivating audiences as a true beacon of leisure and excitement.

In its revamped glory, the casino, now resplendent with 47 thousand square feet of gaming expanse, boasts an opulent hotel and is adorned with premium dining and entertainment establishments.

Rob Norton, the President of Cordish Gaming Group, envisions this upgraded marvel not only as a source of leisure but also as a formidable economic catalyst.

Norton predicts that the rejuvenated casino will become the nucleus of prosperity, birthing 750 permanent jobs and ushering in a staggering $200 million in economic windfalls.

The prospective fiscal impact extends beyond the gaming floors, as Norton anticipates an elevated tax contribution.

Clarifying the financial outlook, it is anticipated that within the first five years, a tax injection exceeding $35 million will permeate the immediate market of Bossier City, emanating from the gaming operations.

The state’s fiscal reserves are poised to witness an increment of nearly $170 million over this identical period. This not only highlights the economic soundness of the enterprise but also portrays its extensive impact on both local and state economies.

Mayor Thomas Chandler of Bossier City, impressed by the commitment, foresees the company establishing a precedent across the tri-state area.

Chandler emphasizes The Cordish Company as a living testament that success isn’t merely about conceiving ideas but about manifesting them into reality.

Nestled conveniently across from Shreveport and easily accessible from Texas and Arkansas, the location is strategic, promising a central hub for diverse audiences.

With an expected completion date slated for late 2025, the project embodies a fusion of innovation, philanthropy and regional unity.