Eldorado Shreveport

Bally’s Completes Acquisition of Eldorado Shreveport From Caesars

Bally’s Corporation announced last week that it completed its acquisition of the Eldorado Resort Casino Shreveport from Caesars Entertainment. The Rhode Island-based casino company purchased the property for $140 million, primarily funded with cash on hand as well as with borrowings under the entity’s revolving credit facility. Bally’s Corporation’s President and CEO, George Papanier, said …

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Louisiana state house

Louisiana Lawmakers Approve Fantasy Sports Betting Rules

On Wednesday, Louisiana lawmakers approved regulations governing fantasy sports betting in the 47 parishes that supported it two years ago. In November 2018, voters in most parishes nodded in favor of legalizing fantasy sports betting in the Sugar State. The state lawmakers have since been working on the regulatory process. After the unanimous backing in …

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Harrah's Casino New Orleans

Caesars Invests $325M To Transform Harrah’s New Orleans

Caesars Entertainment has unveiled plans to transform Harrah’s New Orleans into Caesars New Orleans as part of its $325 million project. The Reno-based casino operator, which is the parent company of Harrah’s New Orleans, announced the plan on Tuesday before the New Orleans Building Corporation. The renovation and construction project will significantly enhance the award-winning …

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Betting on football

Louisiana, Maryland & South Dakota Pass Sports Betting Bills

Three more states – Louisiana, Maryland, and South Dakota – decided to allow sports betting through citizens’ vote on Tuesday’s election. All three markets are expected to launch sports betting by 2021. Currently, 19 states have legal sports betting. Now, these three states, along with Virginia, North Carolina, and Washington, will be added to this …

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Louisiana Voters to ‘Elect’ or ‘Reject’ Sports Betting in November

This November’s general election will be something special for the state of Louisiana as they will be doing more than just electing political leaders; Louisiana voters will have the power whether or not to ‘elect’ legalized sports betting within the state. Voters will also decide whether any or all of the parishes should allow sports …

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Louisiana Governor Signs Sports Betting Referendum Bill

Gov John Bel Edwards has officially signed the Louisiana sports betting referendum bill, Senate Bill 130, a move that could see legalized betting in the state by 2021. Although the bill does not legalize sports betting immediately, it empowers voters to share opinions on the topic when voting takes place in November. The referendum will …

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Lawmakers in Louisiana Can’t Get DFS / Sports Betting Bill Over the Finish Line

With the clock literally ticking down on the last day of Louisiana’s legislative session, a veteran lawmaker who previously championed legalized sports betting stalled for time to effectively kill a last-ditch bill. State senator Danny Martiny (R-10) – a 26-year veteran of the Louisiana Senate who has served as Majority Leader since 2012 – has …

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