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encore casino hotel roomsHarrah’s New Orleans is a downtown staple, and that won’t likely change anytime soon.(Image: Rebecca Todd/GoNOLA)House Bicaesar online casino appll 544 would grant the Caesars Entertainment casino resort with a 30-year license extension.Spectacle would be permitted the same number of gaming positions at the relocated Gary casino as it had at Majestic Star I and Majestic Star II combined, which means it could potentially become the largest casino in the state.downstream casino foodgaming expansion package in decades to the desk of Governor Eric Holcomb.The 5 million in upgrades will need to be complete by July 2024, which is when the current license expires.Ben Smaltz (R-Auburn) a critic of the bill, said told the House Wednesday that Spectacle could benefit by million to million ovcaesar online casino apper five years.tachi palace casino mobile app harrah s casino escondido californiablack bear casino to duluthThat’s why Caesars is willing to spend such a massive amount of money to retain operating rights of the casino.But under the current legislation being pushed through, it will come at a hefty cost.Video gaming machines can be found at various bars across the city, but when it comes to full-scale slots and table games, the Caesars property has a monopoly on the Big Easy and neighboring French Quarter.1 casino wayIn exchange, Harrah’s New Orleans will undergo at least 5 million in capital investments, and shelve out tens of millions of dollars in higher taxes to the state and city.That’s why Caesars is willing to spend such a massive amount of money to retain operating rights of the casino.Some lawmakers are concerned this could allow one entity to come to dominate a market that the state heavily relies on for tax revenues.seminole casino dania beach table games at luxor casinowhat time does desert diamond casino open upThe city presently owns the land and building, and leases its operations back to Harrah’s.“This deal far exceeds what any casino in the United States pays for renewal,” Caesars VP of Government Relations David Satz told lawmakers.This time around, however, the odds seem strong that Harrah’s New Orleans and state lawmakers have found solid common ground.It’s the second straight year that the Louisiana Legislature has tried to extend the casino license.Holcomb admitted that he “overheard discussions” about Spectacle’s casino plans but that no questions related to casinos were directed at him.The Louisiana House Criminal Justice Committee passed the legislation 13-0-1 on Wednesday, and now moves to the full House for consideration.www.free casino slot games is foxwoods losing money |