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Applicants Plead for Last Louisiana Riverboat License

12 October 2001

BATON ROUGE, Louisiana –– As reported by the Associated Press: "The three applicants for Louisiana's 15th and final riverboat casino license got a last chance to plead their cases Wednesday before state gambling regulators.

"However, the Louisiana Gaming Control Board was told by its legal counsel that it could decide next Tuesday not to award the license to anyone. Board chairman Hillary Crain said later that although he believes the board has the authority not to act, he knew of no move to take that route.

"…The three projects being considered are:

"A $220 million casino resort, including a hotel and golf course, in Lake Charles, which would be built by Pinnacle Entertainment Inc. Pinnacle also owns riverboat casinos in Bossier City and the New Orleans suburb of Harvey.

"…A $150 million casino-hotel, to be owned by Horseshoe Entertainment, on the Red River in Shreveport, near Horseshoe's current complex in Bossier City.

"…A $45 million riverboat casino project in the St. Mary Parish community of Amelia, owned by Louisiana Horizons LLC, a partnership of Isle of Capri casinos and politically connected Louisiana businessmen, including Robert Tucker, who has close ties to New Orleans Mayor Marc Morial, and Donald Bollinger, a close friend of Gov. Mike Foster.

"…Each of the applicants pushed their view of how their project would benefit the state's economy…"

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