Pinnacle Entertainment has made public that they intend to build a new $350 million riverboat casino in Lake Charles, Louisiana to replace the hurricane-impaired casino they bought from fellow casino operator Harrah's.

The new casino which will be named Sugarcane Bay is slated to commence construction next year with the opening planned for 2009 and will contain 1,500 slots, a 400-room hotel as well as various table games and a poker room.

"Sugarcane Bay will evoke the laid-back island feeling of the Caribbean, combined with gracious Southern hospitality in an environment of comfortable luxury," Pinnacle said stated in a press release discussing their latest plans.

- 2006-06-22