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Louisiana Gaming Control Board approves casino merger

CDC Gaming
CDC Gaming
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The Louisiana Gaming Control Board has approved petitions from multiple casino operators seeking approval for new institutional investors and a proposed merger agreement involving Bally’s Corporation.

Premier Entertainment Shreveport, LLC, which operates Bally’s Shreveport Casino & Hotel, along with Louisiana Casino Cruises, LLC (The Queen Baton Rouge) and Catfish Queen, LLC (Belle of Baton Rouge), have submitted petitions requesting approval for three entities to qualify as institutional investors.

The board also approved a merger between Bally’s Corporation and The Queen Casino & Entertainment.

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