Cordish Companies to Take Louisiana’s Diamond Jacks Casino “Live!”
The Cordish Companies has acquired the abandoned Diamond Jacks Casino & Hotel in Bossier City, Louisiana from Foundation Gaming. Cordish intends to redevelop the property, which has been closed since March 2020, a victim of the Covid-19 financial fallout. While more details will be made available at an upcoming Louisiana Gaming Commission meeting, the company says that it will construct a land-based casino next to where the existing riverboat casino still sits in the water. The company will call the venture Live! Casino and Hotel.
The Cordish Companies has created and managed a portfolio of mixed-use, entertainment and casino resort destinations throughout the United States. The Company currently has over $1 billion under construction adjacent to its Texas Live! development in the Arlington Entertainment District in North Texas, along with major new developments in Florida, Alabama, Georgia, North Carolina and Tennessee.
In gaming, the Cordish Companies has developed casino entertainment resorts including the Hard Rock Hotel & Casino Hollywood, FL; the Hard Rock Hotel & Casino Tampa, FL; Live! Casino & Hotel Maryland; Live! Casino & Hotel Philadelphia; and Live! Casino Pittsburgh.