Mississippi-based Foundation Gaming looking at buying the closed DiamondJacks Casino in Bossier City – Louisiana Radio Network

The long-shuttered DiamondJacks Casino in Bossier City looks to be on the road to reopening. State Gaming Control Board chairman Ronnie Johns says, if all is approved at the Boards December meeting, a new owner based in Mississippi will make a huge investment in getting the doors back open.

Complete renovation of the entire property, do away with the old legacy riverboat and build a first-class land-based casino, said Johns.

DiamondJacks closed in 2020 amid the impacts of the pandemic on business. Its owner, Peninsula Pacific, sought to move its license to St. Tammany Parish for a massive casino resort complex, but local voters rejected it, and so the company put the license on the market.

Johns says Mississippi-based Foundation Gaming wants to invest $200-million in a total revamp of the Bossier City complex. He says all is proceeding well.

We anticipate having Foundation on the December agenda at the Gaming Control Board to approve that transfer of license and let them finalize the sale of the property, said Johns.

If the license transfer is approved, Foundation can continue plans for the construction and re-opening of the casino. Johns says he feels the deal with be approved and move forward, but it will still be until 2024 before the new owners are ready to open their doors.

Johns says when the casino reopens under new ownership, it will bring good jobs to the area.

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Mississippi-based Foundation Gaming looking at buying the closed DiamondJacks Casino in Bossier City - Louisiana Radio Network