\nThe development is entirely subject to voters passing the casino referendum,”<\/strong> the DED explains. “If Richmond voters go to the polls and decide not to approve of the development of a casino, there will be no casino.”<\/strong><\/p>\n<\/blockquote>\nThe casino survey will be open through Monday, December 14.<\/p>\n
The Richmond DED has given interested casino operators until February 2021 to submit their bids. The city has already received interest from three entities — the Pamunkey Indian Tribe, the owners of the Colonial Downs Racetrack and Rosie’s Gaming Emporiums, and Urban One Inc.<\/p>\n
Richmond Biggest Prize<\/b><\/h2>\n
Four casino operators have reached deals to build casino resorts in the four aforementioned cities that passed casino referendums.<\/p>\n
City — Casino Developer\/Operator<\/strong><\/p>\n\n- Norfolk — Pamunkey Indian Tribe<\/li>\n
- Danville — Caesars Entertainment<\/li>\n
- Bristol — Hard Rock International<\/li>\n
- Portsmouth — Rush Street Gaming<\/li>\n<\/ul>\n
Richmond, however, is expected to be the richest of the five casinos, should a gaming property come to the capital metro.<\/p>\n
The Virginia Joint Legislative Audit and Review Commission report concluded that the five casinos will — upon full market maturation — generate $260 million annually in gaming taxes. Of that number — 31 percent, or $80.6 million — is expected to come from the Richmond casino.<\/p>\n","protected":false},"excerpt":{"rendered":"
Residents of Virginia’s capital city, Richmond, are being asked to weigh in on features they’d like to see in a potential gaming venue. Richmond was one of five cities in the state that was approved to host a casino establishment. The legislation was adopted by the General Assembly and signed into law by Gov. Ralph […]<\/p>\n","protected":false},"author":25,"featured_media":157078,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18943],"tags":[],"acf":[],"yoast_head":"\n
Virginia Residents in Richmond Asked to Submit Input on Casino Resort<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n