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Gaming Control Board renews BoomTown license, approves investor and ownership transfers and remands employee-permit appeal
Summary
The Louisiana Gaming Control Board at a public meeting in February 2025 renewed a casino license, approved an institutional‑investor designation, authorized two video‑gaming ownership transfers and approved a civil‑penalty settlement — and remanded an employee‑permit appeal for further consideration.
The Louisiana Gaming Control Board at a public meeting in February 2025 renewed a casino license, approved an institutional‑investor designation, authorized two video‑gaming ownership transfers and approved a civil‑penalty settlement — and remanded an employee‑permit appeal for further consideration.
The matters were largely procedural and carried by recorded votes after staff and investigators presented findings supporting approval. The actions affect one commercial casino in New Orleans, two video‑poker licensees in DeSoto and Caddo parishes, a supplier permittee with an indirect investor, and the appeal of a revoked non‑key gaming employee permit.
Votes at a glance: the board took these formal actions during the meeting.
- BoomTown New Orleans license renewal: The board renewed the casino license of Louisiana 1 Gaming (doing business as BoomTown New Orleans) for a five‑year term beginning 03/22/2025, subject to previously placed conditions. The motion was moved by Ms. Lewis and seconded by Ms. Traylor; the roll call recorded unanimous "yes" votes by board members present and the motion carried.
- Institutional investor determination (North Creek Mezzanine Fund III LP): The board approved a resolution finding North Creek Mezzanine Fund III LP to be an "institutional investor" in connection with its indirect ownership interest in Ben Nelson Golf and Utility Vehicles LLC. The resolution notes North Creek's 15.417% indirect interest, its licensing under the U.S. Small Business Administration Small Business Investment Company program, and characterizes North Creek as a passive investor; the board approved the resolution by motion and roll call.
- Transfer of membership interest — Logansport Truck Stop and Casino (WY Properties LLC): The board approved a transfer of membership interest in WY Properties LLC, which does business as Logansport Truck Stop and Casino (a Type 5 video draw poker licensee, DeSoto Parish). The filing showed…
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