Inaugural casino regulations receive Virginia Lottery Board approval
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The Virginia Lottery Board has reportedly approved a set of proposed rules for the state's new collection of five casinos. The regulations will be sent to Governor Ralph Northam for approval. They will then be subjected to a 60-day public comment period.
Virginia Lottery Board approves the first casino regulations. The state was previously one of the few remaining states where casino gambling was outlawed. Last November, the electorate approved a constitutional amendment that gave five communities the right to build and run large gambling-friendly premises offering slots and table games.
Kevin Hall is the Executive Director for the Virginia Lottery Board. He claims that the recently-passed casino regulations build on the emergency rules approved in February. The board intends to judge the coming applicants for every one of the state’s five land-based gaming licenses using a stern set of criminal background checks and financial assessments.
Danville, Portsmouth, Norfolk and Bristol are advancing their plans to host one of the coming casinos. Richmond recently picked the One Casino and Resort proposition from a subsidiary of local radio broadcasting group Urban One. The latter project is purportedly destined to feature a 90,000 sq ft gaming floor, a 3,00-seat entertainment venue and an adjacent 250-room hotel.
Virginia Lottery Board approved the first casino regulations. The first of Virginia's five casinos could be open by 2025.
