PCI acquires resort
The Poarch Creek Indian’s Gaming Authority has entered into an agreement with Margaritaville Resort Casino in Bossier City, La., to acquire 100 percent of the Bossier Casino Venture’s interest in the property, according to a Wind Creek Hospitality press release.
The acquisition is subject to certain closing conditions, including the approval of the Louisiana Gaming Control Board. The purchase price hasn’t been disclosed, according to the release.
Situated adjacent to the Louisiana Boardwalk, a 500,000 square foot retail, entertainment and dining complex overlooking the Red River, the property features a single level, 26,600 square foot casino, offering more than 1,200 slot machines and 50 table games, including high limit gaming areas. Resort amenities include a 395-room hotel, six food and/or beverage venues, a spa, fitness center and pool, meeting and conference space, a 1,000 seat multi-use performance hall and parking for over 1,500 vehicles. Since opening in June 2013, the property has won numerous awards in many types of design and service categories from a variety of regional gaming and hospitality publications.
“We are proud of the quality and attention to customer service that characterizes our three successful gaming operations in the state of Alabama,” BCV Chief Executive Officer Paul Alanis said. “We believe that Margaritaville Casino Resort in Bossier City is a great fit with our operating philosophy and will provide us the opportunity to further establish Wind Creek Hospitality as the premier operator of first class casino resorts in the Southeast.”
PCI Chairman Stephanie Bryan said she is excited to be a part of the community in Bossier City.
“PCI’s success has been key to our ability to improve opportunity and increase services to our tribal members,” Bryan said. “This acquisition will further our goal of building a great company, providing superb customer service, dedicated to and appreciative of its employees and committed to the communities in which we operate. We look forward to becoming an important contributing member of the Bossier City/Shreveport community.”
PCI Gaming d/b/a/ Wind Creek Hospitality is an authority of the Poarch Band of Creek Indians. Wind Creek Hospitality manages the tribes’ gaming facilities including: Wind Creek Atmore, Wind Creek Wetumpka, Wind Creek Montgomery as well as multiple racetracks in Alabama and Florida.