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Caesars unloads Belle of Baton Rouge

Posted on 12/1/20 at 5:09 pm
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56252 posts
Posted on 12/1/20 at 5:09 pm
I haven’t been there is years. Guess I’m not alone.

Belle is Baton Rouge is changing hands.

quote:

Caesars Entertainment (NASDAQ:CZR) strikes a deal to sell Belle of Baton Rouge to CQ Holding Company, Inc.

Per the terms of the amended lease agreement with Gaming and Leisure Properties, Baton Rouge will be removed from the GLPI Master Lease, and the rent payments to GLPI will remain unchanged.

GLPI will retain ownership of the real estate of Belle of Baton Rouge.

The transaction is expected to close in the middle part of 2021 and is subject to regulatory approvals and other customary closing conditions.


A few more details

How’s the Sunday Buffet been lately?
This post was edited on 12/1/20 at 5:13 pm
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75209 posts
Posted on 12/1/20 at 5:14 pm to
Belle of Baton Rouge is so 90’s
Posted by GoldenBoy
Winning!
Member since Nov 2004
42010 posts
Posted on 12/1/20 at 5:16 pm to
Why would anyone want that piece of shite?
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56252 posts
Posted on 12/1/20 at 5:17 pm to
It’s a head scratcher for sure.

Money Laundering Ozarks scenario?
This post was edited on 12/1/20 at 5:18 pm
Posted by OweO
Plaquemine, La
Member since Sep 2009
113951 posts
Posted on 12/1/20 at 5:19 pm to
The two casino boats on that side serves a purpose. It keeps certain crowds (trashy people) away from L'auberge, which is really all that L'auberge has going for it.
Posted by BorrisMart
La
Member since Jul 2020
8812 posts
Posted on 12/1/20 at 5:27 pm to
It's been downhill ever since Nicky Santoro came to town ruffling feathers.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30085 posts
Posted on 12/1/20 at 5:30 pm to
I unloaded on a Belle in Baton Rouge once
Posted by Spankum
Miss-sippi
Member since Jan 2007
56030 posts
Posted on 12/1/20 at 5:39 pm to
Last time I went to that place was probably twenty years ago....it was smoky and nasty.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57221 posts
Posted on 12/1/20 at 5:41 pm to
The Belle of Baton Rouge/Argosy/Belle of Baton Rouge has been on a Death Watch for quite a while; it's the worst performing boat in the state and always has been.

Gaming Control Board Revenue Reports
This post was edited on 12/1/20 at 5:44 pm
Posted by toosleaux
Stuck in Baton Rouge traffic
Member since Dec 2007
9213 posts
Posted on 12/1/20 at 6:16 pm to
quote:

keeps certain crowds (trashy people) away from L'auberge


Been to L'Auberge lately?
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 12/1/20 at 6:25 pm to
I wish they had a better casino north of town. I have family in Zachary and I hate the long drive to lauberge.
Posted by Beef Supreme
Member since Apr 2008
1920 posts
Posted on 12/1/20 at 6:37 pm to
quote:

Why would anyone want that piece of shite?


The hotel and the atrium. Not saying either are nice but the ingredients are all there for someone to come in and do it right. Especially now that gaming is allowed on land. Really thought Caesar's would have invested in it and done this.
This post was edited on 12/1/20 at 6:38 pm
Posted by PsychTiger
Member since Jul 2004
99014 posts
Posted on 12/1/20 at 6:41 pm to
Won over $7,000 there once getting a table share of a bad beat jackpot in a 3-6 Limit Poker game.

Guy who took the bad beat got $120k. Not bad for quad 2’s.
Posted by Fusaichi Pegasus
Meh He Co
Member since Oct 2010
14566 posts
Posted on 12/1/20 at 6:48 pm to
Unc is that you?
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 12/1/20 at 6:51 pm to
quote:

The hotel and the atrium. Not saying either are nice but the ingredients are all there for someone to come in and do it right. Especially now that gaming is allowed on land. Really thought Caesar's would have invested in it and done this.


Has potential for a huge sportbook
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 12/1/20 at 6:53 pm to
quote:

Been to Any casino lately?



FIFY
Posted by PsychTiger
Member since Jul 2004
99014 posts
Posted on 12/1/20 at 6:55 pm to
No
Posted by BorrisMart
La
Member since Jul 2020
8812 posts
Posted on 12/1/20 at 6:57 pm to
quote:

better casino north of tow


Welcome to the greater Shreveport Bossier Area.
Posted by Boo Krewe
Member since Apr 2015
9810 posts
Posted on 12/1/20 at 7:38 pm to
I feel like I'm the 80s when I went there. Do they have good buffet
Posted by GoldenBoy
Winning!
Member since Nov 2004
42010 posts
Posted on 12/1/20 at 8:14 pm to
quote:

The hotel and the atrium.


That would be cool if something became of the atrium.
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