re: Funroe may be getting a riverboat casino

Not that easy in Louisiana.

Louisiana law is specific on which waterways can have casinos.

quote:

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For purposes of this Chapter, designated rivers and waterways shall include those portions of the Mississippi, Red, except the portion of the Red River within the borders of Rapides Parish, Calcasieu, Mermentau, or Atchafalaya Rivers and Bayou Segnette within the city limits of Westwego. the Mississippi River Gulf Outlet, Bayou Bienvenue, Lake Pontchartrain, Lake Maurepas, Lake Charles, the Intracoastal Waterway, except the portion thereof within the borders of Terrebonne and Lafourche Parishes. and the Sabine River north of the Toledo Bend Reservoir Dam subject to the.provisions of Paragraph (2) of this Subsection, upon which a gaming operator is authorized to conduct gaming operations in accordance with the provisions of this Chapter.

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So unless the legislature is changing the law this year, then it is no dice for the Funroe Casino. Then the project also needs to get voted on by the Parish voters.

If you read the law, it looks like some bible thumpers in Alec and the bayou area wrote themselves out the law.

Also, which license is moving there, or is the state looking at increasing the limit of 15 riverboats through reforms.

I know this is off topic but I thought about this. All this talk of Harrahs expanding in New Orleans could be just a ploy to get the state to extend their exclusive contract beyond 2024 with some upfront pay off. I would say absolutely no to that and say, I think it’s time to open that market up to all qualified entities and let them build up a gaming district in New Orleans and let the market decide who wins. Of course not just any developer gets a license but follows a set of rules and minimum standards. Mississippi just did this after the failure of the margaritaville casino in Biloxi.