Officials eye Petersburg casino bid after failed referendum

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Bruce Smith Enterprise, Cordish Cos. Propose $1.4 Billion Mixed-Use Casino Development in Petersburg, Virginia

Live! Casino & Hotel Virginia would be the centerpiece of the development. Petersburg, Va. - Bruce Smith Enterprise and The Cordish Cos. have responded to a request for proposal issued by the City of Petersburg with plans to co-develop a $1.4 billion mixed-use project. Plans call for a gaming and entertainment district anchored by a Live!-branded…

Travel ・ 18 April 2024

Virginia Mercury

Virginia Senate panel approves first batch of casino bills

As Virginia lawmakers continue to discuss the addition of new casinos in the state, Richmond appears to be out, Petersburg seems to be in and Northern Virginia looks like a question mark. A state Senate panel took action on an initial batch of gambling bills Wednesday, offering some early indicators of what policymakers might do on the topic this…

Law ・ 26 January 2024

ABC 8 News

Petersburg hoping to hit the jackpot with casino bid

PETERSBURG, Va. (WRIC) - Just weeks after a casino referendum was rejected by voters in nearby Richmond for the second time in three years, Petersburg officials are hoping to step in and win the jackpot for themselves. Petersburg officials have submitted a request to hold a casino referendum of their own by 2025. Now, the decision to let the city…

Winnings ・ 28 November 2023

AP News

Virginia's capital city voting on whether to allow a casino

RICHMOND, Va. (AP) - Despite a high-dollar lobbying push, Richmond voters on Tuesday rejected for a second time a ballot measure that would have opened the door to a proposed casino resort in Virginia's capital city. Developers first tried in 2021, after the state Legislature paved the way for five casinos around the state if voters first gave…

Law ・ 08 November 2023

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Casino developers ask Richmond voters for a second chance, promising new jobs and tax revenue

RICHMOND, Va. (AP) - Two years ago, voters in Virginia's capital city narrowly rejected a referendum that would have opened the door for a proposed casino. Now, the developers behind a retooled project are hoping to change their minds. Richmond officials have opted to bring the matter back to the ballot this fall for a second shot, and backers of…

Law ・ 02 September 2023

Richmond Times

Richmond casino fight all about South Side turf

The legal fight over casino gaming is happening in a courtroom in downtown Richmond, but the real battlefront lies on the other side of the James River in South Richmond. A charitable gaming operator based next to Midlothian Turnpike is challenging the legality of Richmond's decision to award a contract to a partnership to build a…

Law ・ 18 August 2023

Richmond BizSense

Do-over casino referendum appears to be a go with Tuesday court order

After narrowly rejecting the question two years ago, it appears that Richmond voters in November will be asked a second time whether the city should host a multimillion-dollar casino and resort. A Richmond Circuit Court judge on Tuesday entered an order effectively placing the casino question on the Nov. 7 ballot via a referendum. The order…

Law ・ 26 July 2023

Richmond Times

Richmond judge signs off on second casino vote

Richmonders will cast their votes a second time on whether the city will house a casino in Southside after the city received the go-ahead from a Richmond City Circuit Court Judge and the Virginia Lottery. The Richmond Office of Elections confirmed the signed petition in a tweet Tuesday afternoon, emphasizing its authority to hold the…

Law ・ 26 July 2023

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Petersburg’s casino plan clears hurdle in Virginia House

RICHMOND, Va. (WRIC) - A bill allowing Petersburg to host a casino resort - and denying Richmond's second bid for one - advanced in the Virginia House of Delegates, days after the proposal gained support in the state Senate. The proposal from Del. Kim Taylor (R-Dinwiddie), similar to one from state Sen. Joe Morrissey (D-Richmond), would add…

Law ・ 31 January 2023

Vegas Slots Online

Cordish Reveals Plans for $1.4bn Virginia Casino Resort

The Cordish Companies has revealed its plans to create a $1.4bn casino resort in the Virginia city of Petersburg. The Petersburg City Council unanimously voted on Tuesday night to choose Cordish as the company to develop a casino resort in the area. It would be a three-phase project and span an 80-acre site in the economically struggling…

Land-based ・ 14 December 2022

Richmond Times

Casino tops Richmond wish list, but affordable housing lies at the heart

Richmond's first wish from the General Assembly is another opportunity for voters to approve a casino, even if the city has to share regional gaming revenues with a potential rival operation in Petersburg. Most of Richmond's legislative priorities for the coming assembly session center on promoting affordable housing and protecting existing…

Law ・ 06 December 2022

Bristol Herald Courier

Legislation would allow Petersburg casino vote; delay Richmond

Legislation pre-filed with the Virginia General Assembly seeks to allow the city of Petersburg to conduct a casino referendum and would temporarily delay Richmond from holding a second vote. House Bill 1373 and Senate Bill 780 would add Petersburg to the list of Virginia cities eligible to conduct a public referendum regarding placement of one…

Law ・ 02 December 2022

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Richmond Times

Cordish's revenge? It emerges as operator of proposed Petersburg casino

The Cordish Companies, a well-established casino developer spurned by Richmond last year in the sweepstakes to build a gaming resort in the capital, has emerged as the preferred operator of a proposed casino in Petersburg that got a big boost this week from the state's legislative watchdog agency. The Petersburg City Council unanimously approved…

Politics ・ 19 October 2022

Royal Examiner

Virginia Lottery should be state’s primary gambling regulator

Virginia should give a single state agency the power to regulate most gambling. According to a new report, splitting those duties among multiple agencies creates oversight and enforcement gaps in a rapidly expanding industry. Nonpartisan policy analysts also determined a casino in Petersburg would be viable while leaving it to the General Assembly…

Lottery ・ 18 October 2022

Richmond Times

Study finds Petersburg, Richmond could support casinos, separately or together

Petersburg could support the operation of a casino, regardless of whether Richmond were to host one as well, a long-awaited legislative study concluded on Monday. If both cities opened casinos in 2028, the Joint Legislative Audit and Review Commission found that the amount of tax revenues and new jobs would be lower in Petersburg than if Richmond…

Politics ・ 18 October 2022

NBC 12

Study shows Petersburg and Richmond could sustain casino’s together

RICHMOND, Va. (WWBT) - Petersburg is primed for gaming, according to a study by the Joint Audit Review and Commission, which studied what could happen if the city decides to build a casino. JLARC staff presented the results of the study to State Lawmakers Monday. According to the JALRC study, if Petersburg opens a casino by 2027 within its first…

Law ・ 21 October 2022

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Virginia's budget deal clears Richmond's second casino referendum but ties licensing to legislative study on Petersburg's rival bid

The leaders of Virginia's Senate Finance and Appropriations and House Appropriations committees confirmed Friday that the new state budget agreement they partially unveiled on Thursday includes language that would delay state licensing of a proposed casino in South Richmond even if voters approve it in November's second referendum on the matter.…

Law ・ 07 June 2022

Yogonet

Virginia judge greenlights Richmond petition for second casino referendum on November's ballot

A judge has granted the city of Richmond, Virginia, its request for a second casino referendum, to be conducted this November. The city council committee had unanimously voted in favor of the idea in January, seeking to pursue the failed Urban ONE casino project a second time after it was narrowly voted down by residents in November last year. The…

Law ・ 06 May 2022

Vegas Slots Online

City of Richmond Fighting for Second Casino Referendum

Richmond city officials are doing whatever they can to try to get a casino built. The latest move comes in the form of a lawsuit, filed by Interim City Attorney Haskell C. Brown III on behalf of the city, to try to get a second casino referendum authorized. City Hall fears the possibility of language being inserted that would block a possible…

Law ・ 20 March 2022

World Casino News

Petersburg casino plan prevented

In the southern American state of Virginia and legislators reportedly killed off a measure yesterday that would have allowed the city of Petersburg to hold a referendum on whether to host a Las Vegas -style casino resort. According to a Thursday report from the Richmond Times-Dispatch newspaper, the Virginia State Senate's influential General Law…

Politics ・ 12 February 2022

Vegas Slots Online

Potential Second Chance for Failed Richmond Casino Plan

City Councilwoman Reva Trammell is making a push to have another referendum in an attempt to bring a casino to Richmond, Virginia. [Image: Shutterstock.com] A failed casino plan in Richmond, Virginia might get a second chance. Richmond City Councilwoman Reva Trammell is planning to submit a resolution on Monday that would call for another…

Travel ・ 08 January 2022

Richmond Times

Sen. Morrissey, local officials angle for Petersburg casino bid after failed referendum in Richmond

New casino development plans could soon be coming to Petersburg after Richmond voters rejected the $565 million One Casino and Resort in last week's general election. State Sen. Joe Morrissey, D-Richmond, said in an interview Thursday that he has initiated paperwork to begin drafting legislation that would allow Petersburg to hold its own…

Law ・ 12 November 2021