Latest News
The Cordish Companies Names John J. Chaszar Executive Vice President and General Manager of New $270+ Million Live! Casino & Hotel Louisiana
The Cordish Companies announced the appointment of gaming industry veteran John J. Chaszar as executive vice president and general manager of the new Live! Casino & Hotel Louisiana, a $270+ million world-class gaming, dining, hotel, and entertainment destination set to open in Bossier City in the first quarter of 2025. In his new role, Mr. Chaszar will manage the development, grand opening, and day-to-day operations of the first land-based casino property in the Shreveport-Bossier market.
With over three decades of gaming and resort operations experience, Mr. Chaszar has held leadership positions with several notable entertainment and hotel companies across the country in Louisiana, Texas, Mississippi, Missouri, Kansas, Indiana, Colorado, Illinois, and South Carolina.
He most recently served as senior vice president and general manager of Tropicana Casino in Evansville, Indiana, which had also transitioned from a floating to a land-based casino under his leadership. Mr. Chaszarâs experience with that transformation will be invaluable as the new land-based gaming facility takes shape at Live! Casino & Hotel Louisiana.
During his career, he spent more than a decade with Penn Entertainment as vice president and general manager at several of its properties including Hollywood Casino in Baton Rouge, Louisiana, and Hollywood Casino Resort in Bay St. Louis, Mississippi. Mr. Chaszar also spent over 13 years with Quorum Hotels & Resorts in leadership positions across eight different locations.
âAs The Cordish Companies continues to expand, we are focused on building a team that can deliver the high standards of quality and excellence that have become synonymous with the Live! brand nationwide. We are confident that under Johnâs leadership, the new Live! Casino & Hotel Louisiana will become a premier destination offering first-class hospitality and entertainment, exceptional customer service, and generating millions of dollars in economic benefits for the Bossier City community for years to come,â Rob Norton, President of Cordish Gaming Group, said.
When opened, Live! Casino & Hotel Louisiana will offer a first-class gaming and entertainment experience featuring more than 47,000-square-feet of gaming space, including 1000+ slots and electronic table games and 40+ live action table games; a sportsbook; an upscale 550-room hotel, resort pool and fitness center; a 25,000-square-foot, state-of-the-art, multi-purpose Event Center for top name entertainment, meeting, conventions, and social gatherings; 30,000-square-feet of best-in-class dining entertainment venues including multiple new food and beverage outlets featuring nationally acclaimed concepts Sports & Social and PBR Cowboy Bar; and more.
The project is expected to generate $35 million in gaming tax revenues for the City of Bossier and more than $168 million in gaming tax revenues for the State of Louisiana within the first five years of operation. Annually it will generate $34 million in salaries, wages and tips, create approximately 750 new construction jobs and approximately 750 permanent gaming and hospitality jobs for local and regional residents.
Latest News
Caesars Entertainment Closes Sale of the LINQ Promenade
Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.
Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.
Latest News
The Stampede Continues with Aristocrat Interactiveâs Buffalo Gold Max Power
Aristocrat Interactive, Aristocratâs online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.
Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocratâs proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.
âFor more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, weâre bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,â said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.
Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactiveâs strategy to expand Aristocratâs industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.
Compliance Updates
JCM Global Receives Approval to Operate in West Virginia
JCM Global announced that it has successfully passed regulatory review and received a manufacturerâs license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.
âAt JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCMâs leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,â said JCM SVP â Sales, Marketing & Operations Dave Kubajak in a statement.
JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the companyâs total number of active gaming licenses to 177.
In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.
-
Affiliate Industry6 days ago
AGS Announces Expiration of Hart-Scott-Rodino Act Waiting Period for Acquisition by Affiliates of Brightstar Capital Partners
-
Latest News6 days ago
JCM Global Installs New Outdoor LED Marquee Signage at Buckyâs Casino and Yavapai Casino
-
Canada6 days ago
VICI Properties Inc. Enters into Agreement with Indigenous Gaming Partners Related to PURE Canadian Gaming
-
Compliance Updates5 days ago
Florida Gaming Control Commission Collaborates with Local Law Enforcement Partners to Address Illegal Gambling Activity and Shut Down Illegal Casinos
-
Latest News5 days ago
Lucky Eagle Casino & Hotel Installs QCIâs Enterprise Platform
-
Compliance Updates6 days ago
EGT Digital obtained a licence to operate in the regulated market in Peru
-
Canada5 days ago
Playân GO announces partnership with Canadian operator PointsBet
-
awards2 days ago
Yaamavaâ Resort & Casino at San Manuel Named #1 Best Overall Casino Outside of Las Vegas and #1 Best Native American Casino in 2024 Newsweek Readersâ Choice Awards