Pinnacle Entertainment has plans to build the new hotel complex alongside to an existing one, also owned by Pinnacle, L'Auberge du Lac in the
Lake Charles area. The name for the new venture was also announced and it will go by the name: Sugarcane Bay.
More than two thirds of the general population voted in favour of the referendum and hopes are running high that the new venture will not only bring cash in to the county but will also improve the lifestyles of the people in the area. Some voters stated that they wanted to reinvest their community with a sense of confidence by getting in a company as big as Pinnacle. It is estimated that the construction of the new hotel and casino complex will not only give a short-term burst to the construction industry, but will also ad more permanent jobs to the area. They also hoped that the millions of dollars that the region will get as tax should improve the overall situation of the region and even of the state.
Another hopfeul estimate is that such a casino resort will bring in tourists and other sight-seers who will spend a lot of money around thus boosting the tourist industry of the region as well.
The new resort will be planned in such a way that it will be a mixture of the famous Southern hospital and excitement Caribbean style.
Construction is set to start somewhere in 2007 and everyone hopes that it will conclude by the year 2009. Pinnacle has also disclosed that they reached an agreement with Harrahs to buy 2 casino boats and some other relevant assests. Pinnacle is one of the bigger operators of land casinos in the states of Indiana, Nevada, the Bahamas, and Louisiana.
