Cordish Companies to Reimagine DiamondJacks Casino as a Live! Resort Destination

The Cordish enterprise is broadening its Live! casino presence into the Louisiana market by purchasing the DiamondJacks Casino & Hotel. The firm intends to revamp and relaunch the establishment as a land-based gaming venue, taking the place of the previous riverboat casino that shut down in 2020. This action signifies a substantial growth strategy for Cordish within the South and Southeast regions, complementing their current ventures in Texas, Florida, Alabama, Georgia, North Carolina, and Tennessee. The corporation is eager to introduce its Live! brand to the Bossier City area, pledging a premier resort experience featuring exceptional gaming, culinary, and entertainment options. They also highlight the favorable economic effects the project will bring, generating employment opportunities and boosting income for the local population.

Foundation Gaming & Entertainment Co-CEO, Greg Guida, shared his enthusiasm for the collaboration with The Cordish Companies. He remarked that integrating their celebrated Live! brand is set to deliver substantial advantages to Northwest Louisiana. Guida stressed their belief in Cordish’s capacity to produce a top-tier offering and conveyed eagerness to work together toward the initiative’s successful completion.

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By Daniel "Dice" King

With a Bachelor's degree in Mathematics and a Master's in Actuarial Science, this skilled writer has a deep understanding of the principles of risk assessment and probability theory. They have a keen interest in the application of actuarial methods to the pricing and design of casino games and betting systems. Their articles and news pieces provide readers with a unique perspective on the role of risk management in the gambling industry and the strategies used by casinos to maintain profitability.

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