Wednesday, December 4 2013 11:33 PM EST2013-12-05 04:33:22 GMT
Don Dixon will remain the city's top cop. The Lake Charles City Council unanimously approved to reappoint Dixon to another six-year term as Chief of Police -- a position he's held for 12 years. DixonMore >>
Don Dixon will remain the city's top cop. The Lake Charles City Council unanimously approved to reappoint Dixon to another six-year term as Chief of Police -- a position he's held for 12 years.More >>
Wednesday, December 4 2013 10:33 PM EST2013-12-05 03:33:57 GMT
What's been done is nice, but the bond money budgeted for the Enterprise Boulevard Extension Project has taken the road as far as it can go. "Knowing that we could not cover that amount to go all theMore >>
How to proceed with the Enterprise Boulevard Extension Project? That's the question city officials hope a joint study with the state will help identify. However, as KPLC's Lee Peck reports, it's going to cost some money to get those answers - money some on the council believe is a waste of taxpayer dollars.More >>
Wednesday, December 4 2013 7:19 PM EST2013-12-05 00:19:06 GMT
Nearly 60 dogs from the Calcasieu Animal Shelter are headed to Florida on a 'rescue ride' where dog advocates say their chances of adoption are astronomical. Nathan Areno, Director of Animal ServicesMore >>
Nearly 60 dogs from the Calcasieu Animal Shelter are headed to Florida on a 'rescue ride' where dog advocates say their chances of adoption are astronomical.
Wednesday, December 4 2013 7:09 PM EST2013-12-05 00:09:08 GMT
Both suspects have been arrested in the robbery of First Federal Bank in DeRidder. The DeRidder Police Department, with assistance from the Beauregard and Vernon Parish Sheriff's Offices, took PatrickMore >>
Both suspects have been arrested in the robbery of First Federal Bank in DeRidder.More >>
Wednesday, December 4 2013 7:05 PM EST2013-12-05 00:05:51 GMT
It's a big operation in a small town. The Rotary Club of Welsh welcomed an 18 Wheeler full of educational books. "We're talking thousands, 23 pallets, each box could have 24 to 40 books in them," saidMore >>
The Rotary Club of Welsh welcomed an 18 Wheeler full of educational books.More >>
Local News, Weather, Traffic, Sports, Stocks, Movies on your Cell PhoneMore >>
Get local news, weather, sports, and video on your mobile device.More >>
LAKE CHARLES, LA (KPLC) -
Investors liked it -- the announcement that Pinnacle will acquire Ameristar. The day of the announcement, both companies saw an estimated 20 percent increase in the price of their stock.
Still, some local observers are skeptical after watching the demise of Sugar Cane Bay, and are concerned to see the future project, now under construction, pass to the same hands that once canceled it.
But Pinnacle officials say construction on the project, formerly known as Ameristar, continues with completion set for 2014. And both Lake Charles Port officials and our local member on the Louisiana Gaming Control Board expect the project to go forward as promised. Lake Charles Port Director Bill Rase has talked with the CEOs of each company.
"Both have stated that the project will remain and will go forward and what they're looking at is that, from the Pinnacle side, they put the best resort in the south for gaming and the resort atmosphere. So, in order to do that, you've got to have the amenities that would go with a resort," Rase said.
The port's lease with the license holder spells out the minimum that will be spent and various key parts of the project.
"If you just look at the paper that's printed and signed by the parties, we do have the ability, that if they don't do what they say, that we can put them in default of the lease," said Rase.
Bob Jones is the local representative on the Louisiana Gaming Board which must approve Pinnacle's purchase of Ameristar.
"One of the big things is that they've already spent a good bit of money on the project. The license was re-purchased from the Dan Lee group and there's been a lot of pilings driven," said Jones.
He said the board would be extremely concerned about any scaling down of the project in Lake Charles.
"We would be concerned if they made a substantial alteration to the plans because when we re-graded the license, there were two other businesses ready to put facilities either here or in New Orleans and, you know, we're talking about 1500 jobs," said Jones.
Pinnacle spokesman Kerry Andersen said the new property and L'Auberge will be an integrated, full-service casino resort -- the largest on the Gulf Coast and will further promote Lake Charles as a gaming destination.
Pinnacle officials say the addition of another property here will serve to strengthen and expand the market. Andersen says the new property will generate a lot of employment opportunities and new business for vendors.
There is a Gaming Control Board meeting on Jan. 17. It's uncertain whether the pinnacle purchase of Ameristar will be on the agenda.