Full House Resorts Urges Rejection of $250M Slidell Casino, Pitches $500M Lake Charles Project

Full House Resorts, perhaps feeling threatened past an sweat to build a new $250 million cassino resort hotel in Slidell, Louisiana, is encouraging body politic lawmakers to scorn allowing St. Tammany Parish voters to resolve whether to raise a prohibition on gaming.

Peninsula Pacific Ocean Entertainment (P2E) shut its DiamondJacks Casino inwards Bossier City amid the pandemic. The California-based gambling casino operator is seeking permission to relocate its gaming Trachinotus falcatus to Slidell, a securities industry it finds more attractive.

House Bill 702 would clear a ballot referendum inward St. Tammany Parish. If a simple bulk of local voters backwards the question, P2E would follow cleared to establish a gambling casino resort hotel in the parish. The keep company has suggested a $250 trillion investment funds at the Lakeshore Marina.

Full House, however, says Louisiana shouldn’t simply set aside a keep company to relocate its casino permit without holding a free-enterprise(a) bid. If the res publica would assign the gaming privileges up for auction, Full House reveals it would pose a $500 jillion development in Lake Charles.

“What i require is the ability to contend for this licence and position it in Lake Charles,” Dan Lee, CEO of Full House, told The New Orleans Advocate. “It would live twice the investiture and twice the jobs and raise gaming revenue.”

Mississippi Competition

Full House has a major ground to contradict P2E’s drive to relocate to Slidell. Full House’s Silver Slipper Casino Hotel in nearby Magnolia State is situated just now a 30-minute thrust east from Slidell.

P2E’s targeted site is also not far from Mississippi’s Gulf Coast riverboat casinos. A 2019 contemplate conducted by Spectrum Gaming on behalf of the Pelican State Economic Development federal agency found that third of Louisiana gamblers who travelling to Mississippi Gulf Coast casinos would remain in-state if in that respect were more conveniently accessible casinos.

Currently, residents in the St. Tammany Parish and surrounding areas looking for to hold their gaming dollars inward the nation need to make believe the lengthy journey due south crosswise Lake Pontchartrain. There, they can either lead into downtown New Orleans to Harrah’s, or visit i of the ii riverboats — Boomtown or Treasure Chest.

As for Lee’s comments suggesting that LA should keep a competitive bid, P2E lobbyist Danny Henry Ford II said his motive is clear.

He’s a Magnolia State operator. He stands to lose money,” Ford Hermann Hueffer declared.

“We are still losing revenue to Mississippi River that we hold the power to keep inward the state,” Gerald Rudolph Ford added.

Full House Odds Long

The Louisiana House of Representatives has already sanctioned HB702. It’s expected to presently human face a full balloting inwards the Senate. If it passes in the upper chamber, Gov. John the Evangelist B Jonathan Edwards (D) says he will sign the lawmaking to permit St. Tammany Parish voters to feature the net conclusion on the Slidell casino.

For now, it appears Full House’s wishes of having a chance to seize P2E’s cassino permission are slim. However, Pelican State Gaming Control Board Chair Mike Noel says if the legislating does not pass, or voters refuse the referendum, P2E would demand to behave quickly to reopen in Bossier, or confess its gaming rights.