LC investors fail to submit $50,000 gaming fee - KPLC 7 News, Lake Charles, Louisiana

LC investors fail to submit $50,000 gaming fee

By Theresa Schmidt - bio | email

LAKE CHARLES, LA (KPLC) - Louisiana State Police confirm Tomorrows Investors of Lake Charles did not submit the $50,000 fee required when they turned in their application for the state's 15th riverboat license.

Captain Glen Hale is the commander of the Gaming Enforcement Operations Section, which conducts the suitability investigation of those who apply for riverboat licenses in the state.  He says it is the first time an applicant for a riverboat license did not submit the $50,000 fee with the application.  Hale says the other three applicants, Hard Rock Casino, Penn National Gaming and Creative Casinos, LLC. did include the $50,000 fee with their applications.

Chester Jones, of Tomorrows Investors, says they will submit the $50,000 before the next meeting of the Louisiana Gaming Control Board.  The board meets on October 21st.

Hale says they will not process Tomorrows' application without the $50,000.  He says the law requires that within seven days State Police send applicants a letter stating deficiencies found from their preliminary review.  He says Tomorrows' failure to submit $50,000 will be listed as a deficiency in the letter they receive. 

Hale says state law says the fee will be paid with the application is submitted.  However, the Gaming Control Board is the final authority on who gets a license so, at this point, it's unclear what will happen or whether Tomorrows may be disqualified because the fee was not submitted.

The 15th license became available after Pinnacle Entertainment gave it back to the state.  That happened after Pinnacle decided not to move forward with the Sugarcane Bay project that was to be located next to L'auberge du Lac.

Of the four companies applying for the 15th license, three propose to locate in Calcasieu Parish.  Penn Gaming proposes a development on the Harvey Canal in Harvey, Louisiana. 

Copyright 2010 KPLC. All rights reserved.

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