Any new casino purchasing the Diamond Jacks hotel, convention center and riverboat must obtain the approval of the Louisiana Gaming Control Board.
Last year the Board commissioned a study of the Louisiana gaming facilities by Spectrum Consulting Group. The conclusions for the Shreveport Bossier market were dismal,
Spectrum recommended that Boomtown and Diamond Jacks be relocated--one to Lake Pontchartrian and the other to the northeast region of the state. This report estimated that an additional $14 million in gaming revenues for the state would be generated by these riverboat moves.
The gaming world has changed substantially as a result of COVID-19, and to the detriment of the Louisiana casinos. In other words there is more validation for last year's report now.
Diamond Jacks had been on a downward spiral for quite some time before the COVID-19 shutdown. Now it is another business "death" from the virus.
