Tag Archives: Louisiana
US – Penn National warns of 1,150 job losses likely in Louisiana
US operator Penn National has said that the axe will fall on the jobs of nearly 1,150 workers at its Louisiana casinos next month, due to the COVID-19 closures and lower business volumes since reopening. It warned that 161 workers at its L’Auberge Hotel and Casino in Baton Rouge could be laid off along with…
US – Louisiana Senate approves laws to put sports betting to a parish-by-parish vote
The Louisiana Senate has passed two sports betting bills in two days with SB 378 and SB 130 now going before the House with their approval giving voters the power to decide parish-by-parish basis whether sports betting should be introduced with a November referendum. SB 378 would see land-based sports betting introduced at Louisiana’s riverboat…
US – Boom Sports secures mobile sportsbook and online casino in five US states
Boom Sports has secured market access to operate its own mobile sportsbook and online casino in up to five US states. The New York game developer and technology provider has entered an agreement with Penn National Gaming in which it will receive sports betting and iCasino ‘skins’ to operate its own digital products in Ohio,…
US – North American Gaming Regulators Association postpones annual conference
Due to the COVID-19 pandemic, the North American Gaming Regulators Association’s (NAGRA) Annual Conference, originally slated for June 2 to 4, will be held in June 2021 in Kentucky. Joe Osterloh, NAGRA President, said: “The North American Gaming Regulators Association (NAGRA), like many other organisations, is having to navigate the difficult challenge in responding to…
US – Maverick continues expansion with Eldorado Shreveport deal
Maverick Gaming has entered into a definitive agreement to purchase the Eldorado Casino and Resort in Shreveport, Louisiana from Eldorado Resorts for $230m. The transaction, once closed, will add approximately 1,500 slots, 50 table games, over 400 hotel rooms and six restaurants to the Maverick portfolio. “Maverick continues to bet on diversified economies as we…
US – Louisiana to look at legalising sports betting
Casinos such as Belle of Baton Rouge, Hollywood Casino Baton Rouge and Eldorado Resort Casino Shreveport could soon be offering sports betting following confirmation from Louisiana Governor John Bel Edwards that he wants to legalise sports betting with some of the proceeds being used to improve early childhood education. Sports betting is likely to be…
US – Caesars diversifies tenants roster with Margaritaville Penn deal
Caesar’s spin off VICI Properties has completed the purchase of land relating to Margaritaville Resort Casino, located in Bossier City, Louisiana, for $261m whilst Penn National Gaming will in effect act as a tenant having bought the operating assets for $115m. Penn National’s lease agreement will see it paying annual rent of approximately $23.2m for…
US – L’Auberge Casino to invest $3.6m on smoking terrace with slots
Penn National, the new owner of L’Auberge Casino and Hotel in Louisiana, is investing $3.6m to build an outdoor smoking terrace that will house 100 slot machines. Revenues at the casino have fallen since the introduction of a smoking ban in June with October’s year-on-year revenues falling by 11.7 per cent. The casino’s solution is…
US – Tunica-Biloxi Tribe and Mohegan Gaming announce partnership for Paragon Casino
The Tunica-Biloxi Tribe of Louisiana has announced that it has formalised an agreement with a subsidiary of Mohegan Gaming & Entertainment (MGE), owned by the Mohegan Tribe of Connecticut, to serve as the operational partner for Paragon Casino Resort in Marksville, Louisiana. The five-year contract will enable MGE to take a larger role in the…
