'We've put together what we believe will be a great project for the market and for the community,' said Greg Guida, Foundation's co-chief executive officer, as reported by the cited source. The new owners further said the company will rebrand the 26-acre property with a new name, yet to be determined and that demolition of the current facility will begin early next year. 'Foundation has an impressive plan.' The company agreed in May 2022 to acquire the former casino from Peninsula Pacific Entertainment (P2E) for an undisclosed sum.įoundation Gaming plans to open its new property – which will be the first land-based casino in the Shreveport-Bossier City market since all the others are on barges – by December 2024. 'This is a day we've been waiting for a long time,' Gaming Commission Chairman Ronnie Johns said, as reported by The Times of Shreveport. The deal was greenlighted Thursday, thus setting the stage for a nearly $200 million renovation and reopening that the owners claim will bring the abandoned property back to life. Louisiana’s Gaming Commission has approved the sale of the shuttered Bossier City Diamond Jacks Casino to Mississippi-based firm Foundation Gaming.
