The chief financial officer of Coushatta Casino Resort says budgeting and communication failures have led to a multimillion dollar shortfall for its Legacy Tower project. Taking responsibility for the financial crisis, she outlined two potential solutions to address it, according to an internal memo obtained by The Current.
In the July document sent to the Coushatta Tribe of Louisiana’s Tribal Council, CFO Tanya Duhon wrote the casino is facing “two immediate financial challenges”: securing an additional $40 million in cash to complete the Legacy Tower and meeting requirements under its loan agreement with Wells Fargo.
The Legacy Tower is a new hotel for Coushatta Casino Resort composed of 204 guest rooms, including 100 suites, that opened May 18.
