La. R.S. § 27:248 Non-Gaming Economic Development By Casino Gaming Operator

• Library: Louisiana Statutes
• Edition: 2023
• Currency: Current with changes from the 2023 Legislative Session
• Year: 2023
• Citation: La. R.S. § 27:248

A. An effective method of promoting non-gaming economic development by the casino gaming operator or an affiliate company exists through the development of businesses including but not limited to restaurants, entertainment outlets, and retail outlets leased or subleased to third-party tenants or subtenants within, adjacent to, and around the official gaming establishment.

B. Non-gaming economic development within, adjacent to, or around the official gaming establishment for which the casino gaming operator, on its own or through an affiliate, holds a leasehold interest, will revitalize the nearby properties and within the state and parish where the official gaming establishment is located.

C. As to non-gaming economic development activities:

(1) The casino gaming operator shall directly and through its parent, subsidiary, or affiliate companies and its third-party tenants and subtenants, collectively seek to maintain and grow the operating force or personnel level related to the casino and non-gaming operations within, adjacent to, or around the official gaming establishment.

(2) The total operating force or personnel level shall be reported to the board quarterly on the following dates every year:

(a) March thirty-first, covering the three-month period beginning December first and ending on the last day of February.

(b) June thirtieth, covering the three-month period beginning March first and ending May thirty-first.

(c) September thirtieth, covering the three-month period beginning June first and ending August thirty-first.

(d) December thirty-first, covering the three-month period beginning September first and ending November thirtieth.