William Trotter stepped out of his SUV and transformed his back seat into a gallery. He was showing KSLA News 12 several never before seen images of the Margaritaville Casino. Trotter is the co-owner of the project and has plans to turn the vacant lot next to Bass Pro Shop on the Boardwalk along the Red River into what he called "paradise."
The structure will include a 30,000 square foot casino, 400 room hotel, and three restaurants. It is projected to bring in 1,500 jobs. The casino goes before voters in November but so far voters have had little knowledge or understanding of whether or not this pricey project will succeed in a struggling economy.
Trotter, however, said the casino would withstand the downturn.
"It's very stable here. It's very strong in Texas where we draw a lot of our customers from," said Trotter.
According to the Associated Press, the majority of Louisiana's state licensed casinos suffered losses in August. Thirteen riverboat casinos across the state, as well as four casino operations at horse tracks, took in approximately $185.5 million last year. That was down from the $193.4 million in August of 2010. That was a significant drop from the $224.3 million from July of this year.
Trotter said there was an explanation for those statistics.
"August was just an unusual anomaly but it's a normal drop off because of school. Your schedule changes."
Trotter said he called upon Innovation Capital, a market analysis company, to run a survey on the proposed casino and said Margaritaville could grow this market by upwards of 13 percent. He said that translates into millions.
"Our revenue projects show that we will bring to the bottom line the city and the parish over 12 million dollars. We'll bring them over two million dollars just in property tax to the parish."
If the project is approved by voters developers plan to break ground on the casino January 1, 2012 with a completion date of May 2013.
Margaritaville owner says casino will thrive in Bossier ParishMore>>
Tuesday, May 21 2013 10:16 PM EDT2013-05-22 02:16:08 GMT
Residents in tornado-stricken Moore, OK, await news on missing love ones Tuesday, a day after a massive tornado devastated the city, killing at least 51. Rescuers worked all night, with particular attentionMore >>
The tornado, with winds up to 200 mph, cut a 20-mile stretch as wide as two miles through the Oklahoma City metro area. The medical examiner's office reported 24 people died, including nine children. More >>
Tuesday, May 21 2013 3:28 AM EDT2013-05-21 07:28:53 GMT
Four days after storms swept through the Ark-La-Tex, people who live along Barron Road in Keithville are still cleaning up. Now, they're bracing for more possible severe weather on Tuesday.More >>
Four days after storms swept through the Ark-La-Tex, people who live along Barron Road in Keithville are still cleaning up. Some lost their homes, others lost their cars. Now, they are bracing for what future storms may bring.More >>
Monday, May 20 2013 10:14 PM EDT2013-05-21 02:14:25 GMT
A copy of a daily journal Allen's mother says her son kept, documenting school bullying
An ArkLaTex mother says her son was pushed to the edge by bullying, and took his own life as a result. More >>
An ArkLaTex mother says her son was pushed to the edge by bullying, and took his own life as a result. Now, she's speaking out in hopes of putting a stop to what she claims is an ongoing problem in the tiny McCurtain County town of Smithville, OK.More >>
If you really want to focus on the weather, our KSLA StormTracker 12 Weather app for Android and iPhone has location-based weather alerts, interactive radar, 10 day and hourly forecasts for any city. More >>
If you really want to focus on the weather, our KSLA StormTracker 12 Weather app for Android, iPhone and iPad has location-based weather alerts, interactive radar, 10 day and hourly forecasts for any city. More >>
Tuesday, May 21 2013 10:36 AM EDT2013-05-21 14:36:49 GMT
(RNN) – A day after long track tornadoes devastated Shawnee and Edmond, OK, another round has begun near Oklahoma City.KOCO broadcast a slow rotating cloud that slowly extended down towards the groundMore >>
Dozens of people have died after a second day of tornadoes twisted through Oklahoma, this time taking aim at the town of Moore, south of Oklahoma City.More >>
After a warm and muggy start to the day storms, some severe, will develop possibly by noon in the I-30 corridor and in the late afternoon into the evening in the I-20 corridor. We will see gusty south winds with highs in the 80s.More >>
CHRISTUS Health Louisiana President & CEO Stephen Wright announced major changes to the hospital system in North Louisiana, which include a $55 million dollar expansion of the health system's Highland campus and the transfer of acute care services from the Schumpert campus.More >>