It's official: Talks are underway for a fourth riverboat casino in Bossier City.
The vacant lot next to Bass Pro Shop at the Louisiana Boardwalk could soon be home to a new casino on the east side of the Red River.
Bossier City councilman David Jones of District 4 told FOX 33 Tuesday that it is early in the negotiating process, but they are working hard to make it happen. Jones did not elaborate on the company the city is working with, but he did say that you can bet it will help the area.
"I think it would breathe new life into the market that has been declining somewhat," he said. He believes it will make a "good, healthy competition occur" between the new and existing casinos. "I think because of the location it would be a significant sales tax advantage for the boardwalk and all of its tenants."
Jones believes other elected officials will also support this addition because of the economic benefits it could bring. "Because of our proximity to Arkansas and Texas, most of the revenues that we've got out of the boats comes outside of the Shreveport-Bossier market. We're not just re-circulating our own money," said Jones.
The councilman said construction of the casino would take about two years once negotiations are final. He hopes to see more information released in the early Fall about the potential casino.
Jones said the casino construction could be put up for a parish vote in November.