Gaming and Leisure Properties has committed to finance Queen Casino & Entertainment up to $111 million toward the relocation and hotel renovation of Belle of Baton Rouge in Baton Rouge, Louisiana. The new on-land venue is expected to cost more than $141 million in total, and the riverboat casino will remain open during construction.
Under a nine percent annual rate increase, Gaming and Leisure Properties will lease the new Belle of Baton Rouge property to Queen Casino Entertainment.
Under a nine percent annual rate increase, Gaming and Leisure Properties will lease the new Belle of Baton Rouge property to Queen Casino Entertainment.