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Tag Archives: Louisiana

US – Penn National secures Ohio and Louisiana approvals

Penn National Gaming has received approvals from the Ohio Casino Control Commission and the Louisiana Gaming Control Board in connection with its acquisition of Pinnacle Entertainment. The completion of the proposed transaction is contingent on receipt of additional regulatory approvals, as well as certain other conditions. Timothy J. Wilmott, Chief Executive Officer of Penn National,…

US – IGT to provide Intelligen System For Louisiana’s Video Gaming Program

IGT Global Solutions Corporation has signed a 9.5-year contract extension to provide a video gaming monitoring system upgrade for the Video Gaming Division of the Louisiana State Police’s Department of Public Safety and Corrections (DPS&C) video gaming program. The contract extension commenced on June 30, 2018. The Louisiana DPS&C has been a valued IGT system…

US – Penn pays $115m for Margaritaville casino

Penn National Gaming is buying Margaritaville Resort Casino in Bossier City, Louisiana, for approximately $115m. Timothy Wilmott, Penn National’s Chief Executive Officer, said: “We are pleased to partner with VICI Properties Inc. to structure this tuck-in acquisition of Bossier City’s newest casino resort, which is consistent with our criteria for transactions that are accretive to…

US – Louisiana task force recommends raft of new legislation

The Riverboat Economic Development and Gaming Task Force in Louisiana has recommended that the state’s 15 licensed riverboats casinos should be able to move onshore and become land-based casinos. Senate lawyers will now draft bills based on the recommendations, which will be presented in the regular legislative session starting March 12. Republican state Sen. Ronnie…

US – Isle of Capri Casinos to sell Lake Charles casino

Isle of Capri Casinos has entered into a definitive agreement to sell the Isle of Capri Casino Hotel Lake Charles to an affiliate of Laguna Development Corporation, a Pueblo of Laguna-owned business based in Albuquerque, New Mexico. Under the terms of the agreement, Kicks Entertainment, LLC, a newly formed entity owned by LDC and Eagle…

US – Boyd to expand Delta Downs Racetrack in Louisiana

Boyd Gaming Corporation has announced a $45m expansion of Delta Downs Racetrack Casino Hotel in Vinton, Louisiana. Set for completion at the end of 2016, the centerpiece of the project is a new hotel tower, featuring 167 additional guest rooms and suites. Boyd Gaming also plans to redesign all 200 existing rooms at the property,…

US – Margaritaville hopes Bravo Pit will give it the edge

Genesis Gaming Solutions has installed its Bravo Pit table management and player tracking system at the newest Margaritaville Resort Casino in Bossier City, Louisiana. The company also supplied gaming tables, quick-change tabletops and layouts for the casino’s opening. The Bravo Pit system, which was installed on all 54 of Margaritaville’s gaming tables, is a complete table game…

US – Margaritaville joins the NEWave revolution

NEWave recently completed one of the most successful software installations in the company’s 20-year history at Margaritaville Bossier City in Bossier City, Louisiana. NEWave COO Tom Bechtel, said: “The casino had 165 taxable jackpots on the first day – 120 of which happened on the first day shift! The entire staff used our software, and…

US – Golden Nugget to invest $600m in Louisiana and South Texas

Golden Nugget Casinos has confirmed it will expand the Golden Nugget brand into the Louisiana and South Texas market with the acquisition of the Casino Resort and Hotel currently under construction and next door to the highly successful L’Auberge Lake Charles Casino Resort located in Lake Charles, Louisiana.  The Golden Nugget Hotel and Casino, which is currently under construction, and the…