The landscape of the Shreveport-Bossier region is set for a significant transformation as The Cordish Companies progresses on its latest endeavor, the Live! Casino & Hotel Louisiana. This ambitious $270 million project, which recently celebrated its topping-off ceremony, is poised to become the first land-based casino in the Shreveport-Bossier market—a move that holds profound implications for both the local economy and the broader Southeast gaming landscape.
Cordish Companies’ Expansion into the Southeast: A Strategic Move
The Cordish Companies, a real estate development and entertainment conglomerate, has long been recognized for its successful ventures in creating integrated entertainment districts and casinos across the United States. The company’s Live! brand is synonymous with high-energy environments that blend gaming, dining, entertainment, and hospitality into one cohesive experience.
With established locations such as Live! Casino & Hotel Maryland and Live! Casino Pittsburgh, the company has steadily expanded its footprint, particularly focusing on the Southeast U.S., where the market for entertainment and gaming is rapidly growing. The introduction of Live! Casino & Hotel Louisiana marks a strategic continuation of this expansion, aiming to tap into the lucrative Shreveport-Bossier market.
Rob Norton, President of Cordish Gaming Group, emphasized the importance of this project in the company’s overall growth strategy. “Today marks an incredibly special day for The Cordish Companies as we continue to expand our Live! brand in the Southeast region of the country with the development of Live! Casino & Hotel Louisiana,” Norton stated. “With the first land-based casino in the market, Live! Casino & Hotel will be a transformative development that will bring a first-class gaming and entertainment experience to millions of visitors, create significant new jobs, and generate millions of dollars in economic benefits for the community for generations to come.”
Economic Impact: Job Creation and Community Development
One of the most significant aspects of the Live! Casino & Hotel Louisiana project is its potential economic impact on the Shreveport-Bossier area. The development is expected to serve as a catalyst for economic growth, particularly through job creation and increased tourism. With over 47,000 square feet of gaming space, the facility will require a substantial workforce, from gaming and hospitality staff to administrative and maintenance teams.
The construction phase alone has already created numerous jobs, and once operational, the casino and hotel are expected to provide employment for thousands more. This influx of job opportunities could significantly reduce unemployment rates in the region, while also contributing to the local economy through increased consumer spending.
Moreover, the casino is likely to attract a significant number of tourists, not just from within Louisiana but from neighboring states as well. The appeal of a large-scale, land-based casino—combined with the luxury amenities offered by the hotel and entertainment venues—positions Live! Casino & Hotel Louisiana as a major draw for visitors. This increase in tourism will not only benefit the casino itself but also have a positive spillover effect on local businesses, including restaurants, shops, and service providers.
A Landmark Development: The First Land-Based Casino in the Market
The Shreveport-Bossier market has long been home to riverboat casinos, which, due to state regulations, were initially the only form of legalized gambling in the region. The introduction of the first land-based casino is therefore a landmark development, signaling a new era for the local gaming industry.
This move towards land-based facilities reflects broader trends in the gambling industry, where states are increasingly relaxing regulations to allow for more flexible and profitable casino operations. The Cordish Companies’ decision to invest in a land-based casino underscores their confidence in the market’s potential and their commitment to delivering a superior gaming experience.
The new casino’s strategic location in Bossier City, directly across from Shreveport, ensures it is well-positioned to capture the existing gaming clientele while also attracting new visitors who may have previously traveled out of state for a land-based casino experience.
The Live! Casino & Hotel Louisiana: A Closer Look at the Features
The Live! Casino & Hotel Louisiana is not just another gaming facility; it’s a comprehensive entertainment destination. The casino floor itself spans over 47,000 square feet and will feature 1,000 slots and electronic table games, along with 40 live table games. This extensive gaming offering is designed to cater to both casual players and high rollers, providing a wide range of options to suit all preferences.
In addition to gaming, the development includes a 550-room hotel that promises luxury accommodations for visitors. The hotel will feature modern amenities, ensuring that guests can enjoy a comfortable and convenient stay. The inclusion of a resort-style pool and a state-of-the-art fitness center further enhances the property’s appeal, making it an attractive destination for both gaming enthusiasts and those simply looking for a luxurious getaway.
The casino will also house a sportsbook, catering to the growing demand for sports betting in Louisiana. With the legalization of sports betting in the state, Live! Casino & Hotel Louisiana is poised to become a hub for sports fans who want to place wagers on their favorite teams while enjoying the other entertainment options available on-site.
Entertainment and Hospitality: The Key to Modern Casino Success
Modern casinos are no longer just about gambling; they have evolved into comprehensive entertainment and hospitality hubs. Live! Casino & Hotel Louisiana embodies this trend by offering a diverse range of amenities designed to appeal to a broad audience.
The resort’s entertainment offerings will likely include live music, performances, and special events, creating a vibrant atmosphere that goes beyond the casino floor. This focus on entertainment is a key aspect of the Live! brand, which is known for creating lively, immersive environments where visitors can enjoy a full range of activities.
The hotel’s design and services also reflect a commitment to luxury and comfort, with features such as high-end dining options, spa services, and concierge assistance. These amenities are essential in attracting a wider demographic, including families and non-gamblers who might visit for the resort’s other attractions.
The Future of Gaming in Louisiana
The opening of Live! Casino & Hotel Louisiana is part of a broader trend in the gaming industry, particularly in states like Louisiana where there is a strong demand for gambling and entertainment. As the first land-based casino in the Shreveport-Bossier market, this development could pave the way for future projects and potentially lead to further relaxation of state regulations.
However, the project also faces challenges. The casino industry is highly competitive, and the success of Live! Casino & Hotel Louisiana will depend on its ability to attract and retain visitors in a market that already has several established gambling venues. The Cordish Companies will need to leverage their experience and brand reputation to differentiate this new property and ensure it stands out in a crowded market.
Additionally, the rise of online gambling and the growing popularity of mobile sports betting present both opportunities and challenges. While these trends could drive additional interest in the casino, they also represent competition that could divert potential customers away from physical gaming locations.
Despite these challenges, the outlook for Live! Casino & Hotel Louisiana is optimistic. The project’s scale, combined with the Cordish Companies’ expertise in creating successful entertainment destinations, suggests that this new casino could become a major player in the Louisiana gaming market.
The development of Live! Casino & Hotel Louisiana is a significant milestone for both The Cordish Companies and the Shreveport-Bossier market. With its $270 million investment, the company is not only creating a new entertainment destination but also contributing to the economic revitalization of the region.
As the first land-based casino in the market, Live! Casino & Hotel Louisiana represents a bold move into uncharted territory. Its success could set the stage for future developments and signal a new era for gaming in Louisiana. With its blend of gaming, entertainment, and hospitality, the project is poised to become a cornerstone of the local economy and a must-visit destination for millions of visitors.
This transformative development will undoubtedly have a lasting impact on the Shreveport-Bossier area, bringing jobs, tourism, and a new level of excitement to the region. As construction progresses and the opening date approaches, the anticipation continues to build for what promises to be one of the most exciting new additions to the Louisiana entertainment landscape.