Two New Virginian Casinos Are Better Than One Study Finds

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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

Vegas Inc

Gaming proponents size up the odds of a northern Virginia casino

illy Schuerman / The Virginian-Pilot via AP A patron of The Rivers Casino in Portsmouth, Va., plays on one of the several varieties of games during the casino's grand opening, Jan. 23, 2023. With casinos popping up on Virginia's southern border, some lawmakers now want to explore whether wealthy northern Virginia should get in on the…

Law ・ 28 December 2023

vpm.org

Breaking down Richmond’s (second) casino referendum

Outside of the early voting site at Hickory Hill Community Center, a food truck's generator buzzed as a worker hands out food. More buzz came from campaigners promoting support for the casino referendum on the ballot. "Vote jobs and revenue, revenue! Vote jobs and revenue!" sang two women as they directed people toward the polls or the food truck,…

Finance ・ 10 October 2023

WTOP

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

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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

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

News And Advance

Lottery should oversee all gaming in Virginia

RICHMOND - A new study recommends the Virginia Lottery oversee all gaming in the commonwealth, including historic horse racing and charitable gaming. Members of the Joint Legislative Audit and Review Commission heard a staff presentation in Richmond regarding gaming in Virginia and a recommendation to consolidate gaming regulation. Currently, three…

Lottery ・ 18 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

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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

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

ABC 8 News

Casino comeback: Breaking down Richmond’s revival of Urban ONE casino project

RICHMOND, Va. (WRIC) - The billboards may be gone, but the chance of a casino in the City of Richmond is not. The majority of Richmond City Councilmembers voted Monday night to pass one resolution and two ordinances related to the revival of the Urban ONE casino project. The only councilmember to vote against the casino related items was Katherine…

Law ・ 26 January 2022

World Casino News

Virginia city wanting to conduct a second casino referendum

In the southern American state of Virginia and the city of Richmond is reportedly set to take a second run at persuading local voters into allowing radio broadcaster Urban One to bring a $600 million casino resort to a 100-acre plot of disused land. According to a Monday report from the Richmond Times-Dispatch newspaper, state lawmakers passed…

Law ・ 26 January 2022

The Nevada Independent

Vegas-based Full House Resorts approved for casino resort near Chicago

Moments after Full House Resorts won preliminary approval from the Illinois Gaming Control Board Wednesday to build a casino and hotel complex 40 miles north of downtown Chicago, investors expressed their delight for the small Las Vegas-based gaming operator. Shares of Full House, which operates five casinos in four states, jumped more than 20…

Travel ・ 16 December 2021

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

Virginia Business

Rush Street Gaming announces Portsmouth casino general manager

Chicago-based developer and gaming operator Rush Street Gaming announced Monday that it has named Roy Corby as the general manager for the upcoming $300 million Rivers Casino Portsmouth. "We're excited to expand our Rivers Casino family of market-leading destination casinos and to help launch Virginia's new casino industry," Rush Street Gaming CEO…

Land-based ・ 10 November 2021

Inkedin

Richmond's One Casino + Resort Gains Circuit Court Referendum Approval

The regional council's petition has been approved by the Circuit Court of the city of Richmond, which will result in the inclusion of a referendum on the proposed One Casino+ Resort on the November ballot. After the Richmond city council approved the'Host Community Agreement' for the property last month, this is the next stage in bringing the…

Law ・ 12 August 2021

The Washington Post

Alliance of Democrat and Republicans could bring casino gambling to Virginia

RICHMOND - An unlikely alliance between a black Democrat and white Republicans from the opposite end of the state has Virginia poised to pull the lever on casino gambling after decades of resisting its lure. The Senate and the House of Delegates have approved versions of a complicated bill that would permit casinos in five cities - and potentially…

Politics ・ 19 January 2021