DiamondJacks Casino, located in Bossier City, Louisiana, is poised for a grand revival as new owner Foundation Gaming unveils ambitious plans for a $200 million renovation project. Acquired from Pacific Peninsula Entertainment in May, the riverboat casino has been closed since the pandemic struck. Now, Foundation Gaming aims to rejuvenate the property and present its visionary project to the Louisiana Gaming Control Board in December. Pending approval, construction is scheduled to commence in early 2023, with the casino’s highly anticipated reopening slated for spring 2024.
A Renewed Vision for DiamondJacks Casino:
Foundation Gaming is set to breathe new life into DiamondJacks Casino, with an extensive $200 million renovation project. The proposal encompasses a complete overhaul of the hotel, featuring 560 guestrooms, meeting spaces, and restaurants. The ambitious venture aims to redefine the casino’s offerings, ensuring a captivating and contemporary gaming experience for visitors.
Seeking Approval from the Louisiana Gaming Control Board:
With the vision for DiamondJacks’ transformation in place, Foundation Gaming is eager to gain approval from the Louisiana Gaming Control Board. The presentation of their renovation plans is scheduled for the December meeting. If given the green light, the project will proceed with full force, signaling the casino’s transformation from its current state to a revamped, modern destination.
A Timeline for Reopening:
Foundation Gaming’s renovation endeavor aligns with a well-defined timeline. Following potential approval from the gaming board in December, construction is slated to commence in early 2023. The casino enthusiasts can eagerly anticipate a spring 2024 opening, marking the highly anticipated return of DiamondJacks Casino to the bustling entertainment scene.
DiamondJacks’ Past Challenges and Acquisition by Foundation Gaming:
DiamondJacks Casino faced adversity during the pandemic, leading to its closure in May 2020. The unfortunate outcome resulted in the layoff of 349 employees and a liquidation sale to offload various assets. Pacific Peninsula Entertainment, the former owner, opted not to reopen the casino despite lifting pandemic restrictions, leading to the property’s availability for acquisition.
In May, Foundation Gaming, renowned for refurbishing distressed casino properties, stepped forward as the new owner, showcasing its commitment to reviving DiamondJacks Casino. The Mississippi-based company seized the opportunity to breathe new life into the casino and its offerings, envisioning a vibrant and engaging destination for gaming enthusiasts.
A Vision for a Sportsbook:
In addition to the comprehensive renovation, Foundation Gaming plans to augment DiamondJacks Casino’s appeal by introducing a sportsbook. The inclusion of a sports betting facility will further enhance the overall gaming experience, providing visitors with a comprehensive entertainment package.
DiamondJacks Casino’s future looks promising under the ownership of Foundation Gaming. With a visionary $200 million renovation project in the works and plans to present the proposal to the Louisiana Gaming Control Board, the casino is well-positioned for a triumphant return to the gaming landscape. The revival of DiamondJacks Casino is anticipated to invigorate the local gaming community and contribute to the region’s economic growth, reaffirming Louisiana’s status as a thriving hub for entertainment and gaming experiences.