New Orleans council approves $103M sale of Caesars leases, shores up city reserves

BGR in the News

New Orleans council approves $103M sale of Caesars leases, shores up city reserves

By Sophie Kasakove

Source: The Times-Picayune | NOLA.com

May 7, 2026

Mayor Helena Moreno’s administration can close on a $100 million deal to boost the city’s depleted reserves after the City Council...

New Orleans Approves $103M Caesars Casino Revenue Deal

By Kelly Hite

Source: Biz New Orleans

May 8, 2026

NEW ORLEANS — The New Orleans City Council has approved a deal to generate more than $100 million in...

City Hall Plays High Stakes: New Orleans Cashes In Caesars Rent To Refill Rainy-Day Fund

By Jackie Ramirez-Lopez

Source: Hoodline

May 5, 2026

New Orleans officials are getting ready to trade nearly nine years of Caesars casino lease payments for a lump...

Louisiana Republicans Are Taking Attacks on New Orleans Voters to a Shocking Place

By John Pfaff

Source: Slate

May 5, 2026

This story was produced in partnership with Deep South Today, a network of nonprofit, nonpartisan local newsrooms in Louisiana and...

New Orleans plan to sell casino lease payments needs guardrails, report says

By Nolan McKendry

Source: The Center Square

May 5, 2026

(The Center Square) — New Orleans’ proposed deal to raise more than $100 million by selling rights to future...

$100M sale of Caesars leases is good, but New Orleans must protect its reserves, BGR says

By Sophie Kasakove

Source: The Times-Picayune | NOLA.com

May 4, 2026

New Orleans has raided its reserve fund too often, and before city officials boost the fund by $103 million,...

BGR: Caesars Casino Cash Deal Could Help City, but Needs Guardrails

By Site Staff

Source: Biz New Orleans

May 4, 2026

NEW ORLEANS (press release) – As the City of New Orleans moves this week to sell a portion of its...

Bureau of Governmental Research supports Moreno’s $103 million deal with Caesars Casino

Source: Fox 8

May 4, 2026

BGR supports Caesars advance money deal. Watch full news report with the source link above.

City Hall Snags $16 Million Lifeline From New Orleans Assessor

By Hannah Mitchell

Source: Hoodline

April 30, 2026

New Orleans city officials are using a short-term cash swap with the Orleans Parish Assessor’s Office to pump roughly...

Big changes could be coming to New Orleans courts, but are they moving too fast?

By Newell Normand

Source: The Newell Normand Show

April 22, 2026

The Bureau of Governmental Research (BGR) is warning that proposed Louisiana bills to consolidate Orleans Parish’s civil and criminal...