Richmond Leaders OK Casino Host Community Agreement

Author: Live Casino Direct
 
Richmond Leaders OK Casino Host Community Agreement
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Richmond City Council approved the host community agreement for a $600 million casino-hotel resort. The agreement outlines expectations that the city and the resort's developer, Urban One, will have about the property's performance. Now the council can file a petition with the Circuit Court to add a casino referendum on the November 2 ballot. Virginia Lottery Board gave the green light to proposed permanent casino regulations.

The referendum on the proposed casino resort in Richmond, Virginia will be held on November 2. If approved, the resort will include 100,000 square feet of gaming space, a poker room, and a high-tech sportsbook. It will also include a four-star, 250-room Legacy Tower luxury hotel, Rise Theater, food and beverage facilities, 55 acres of green space and an on-site radio station.