Treasure Chest Casino Near New Orleans Announces Opening Date for $100M Resort
Treasure Chest Casino officials on Friday held a ceremonial topping away of the Pelican State resort’s $100 trillion restoration and expanding upon project.
The Treasure Chest riverboat has called Lake Pontchartrain rest home since its opening night in 1994. Co-developed and opened past Boyd Gaming, the Las Vegas-based gaming operator fully acquired the LA riverboat in July 1997 after purchasing come out local investors who had controlled 85% of the gaming project.
Boyd Gaming has operated Treasure Chest ever so since. Following a vary to state gaming laws in 2018 that allows riverboats to displace inland, so long as they remain 1,200 feet from their archetype barges, Boyd utmost twelvemonth announced a significant investiture plan to service the riverboat that’s placed simply compass north of New siege of Orleans in Kenner, La.
The $100 million service will outcome in a unexampled land-based casino measuring 47,000 square up feet. The brick-and-mortar gaming story testament put back and nearly doubled the size of it of the riverboat, which measures 24,000 square up feet.
2024 Opening
Boyd Gaming and Treasure Chest officials, along with state and local government representatives, on Friday topped off the unexampled holiday resort structure. The final nerve shaft of light was put in station after Boyd execs signed the crossbar.
Today’s topping-off ceremonial occasion represents a milestone for Boyd Gaming and Treasure Chest Casino after nearly 30 years of operation,” said Kim Etland, vice chairperson and full general manager of Treasure Chest. “Our transition to a land-based gambling casino reinforces our dedication to the metropolis of Kenner, our employees, and our patrons.”
Boyd Gaming reps said they expect the new Treasure Chest Casino to surface inwards about a year’s time. Along with a new casino, the resort hotel testament follow complemented by 10,000 straight feet of encounter space, a FanDuel Sportsbook, and convenient parking.
Parking at the riverboat has generated much criticism, as the small lot is often tenanted and guests are required to utilization gentleman or green inward an run over lot that requires a quarter-mile take the air — lengthy for some gamblers who frequent the boat.
The new Treasure Chest is existence reinforced next to the riverboat. Boyd CEO Keith Joseph Smith says the land-based cassino testament spread out the venue’s gaming options and set aside it to better vie with Harrah’s New Orleans.
“With this project, we will live taking this belongings to another level,” Julia Evelina Smith said. “We believe Treasure Chest is going to be an entertainment see this entire community is sledding to bask and a destination the biotic community canful read pridefulness in.”
Jumpstart Needed
Treasure Chest has seen its admissions slump over the past times 2 decades.
Treasure Chest during its 2004 fiscal twelvemonth counted more than 1.6 meg guests. By the 2014 financial year, that list dropped to a little to a greater extent than ace gazillion entries. The casino’s admissions for the 2022 fiscal twelvemonth totaled to a lesser extent than 600,000 patrons.
The casino’s porcine gaming revenue has course declined, too. Treasure Chest won to a greater extent than $110.7 million from gamblers inwards 2004. Gaming income felled seam to $97.6 billion inwards 2014 and was $97.1 gazillion lowest year.
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