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Abandoned casino in Louisiana sold and set for renovation

21 December 2022

(PRESS RELEASE) -- Louisiana’s Gaming Commission approved the sale of the abandoned Bossier City Diamond Jacks Casino to Foundation Gaming Thursday, setting the stage for a nearly $200 million renovation that the owners say will bring the property back to life.

“This is a day we’ve been waiting for a long time,” Gaming Commission Chairman Ronnie Johns said. “Foundation has an impressive plan.”

Foundation Gaming plans to open its new property, which will be the first land-based casino in the Shreveport-Bossier City market, by Dec. 2024 with demolition to begin early next year.

“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.

The new owners – Foundation is operated by five partners – said the company will rebrand the 26-acre property with a new name, which hasn’t been determined.

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