{"id":165089,"date":"2021-02-22T13:57:49","date_gmt":"2021-02-22T21:57:49","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=165089"},"modified":"2021-06-03T03:16:27","modified_gmt":"2021-06-03T10:16:27","slug":"richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/","title":{"rendered":"Richmond Casino Proposals Arrive, Cordish Pitches $600M Gaming Resort"},"content":{"rendered":"<p class=\"p1\">Voters in Richmond, Va., will decide next November whether they want to authorize a casino resort to ignite economic growth in the state capital.<\/p>\n<figure id=\"attachment_165099\" aria-describedby=\"caption-attachment-165099\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-165099\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond.jpg\" alt=\"Virginia casino Richmond Cordish\" width=\"1200\" height=\"900\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond.jpg 1200w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond-142x107.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond-1024x768.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond-768x576.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption  id=\"caption-attachment-165099\"class=\"text-description\">The Robert E. Lee Monument is seen here in Richmond. City residents will decide if a casino resort will come to the capital city in the future. Bids are arriving from interested developers. (Image: <em>The Richmond Post<\/em>)<\/figcaption><\/figure>\n<p class=\"p1\">The local ballot referendum will include specifics on the casino to allow voters to make an informed decision. The Richmond Department of Economic Development is <a href=\"https:\/\/www.casino.org\/news\/richmond-officials-hire-casino-consultancy-to-help-select-winning-bid\/\">handling the bidding process<\/a>, and schemes are arriving from interested casino operators.<\/p>\n<div class=\"callout\">\n<p class=\"p1\">The Cordish Companies has, so far, submitted the largest investment. The Maryland-based casino and hospitality firm has pitched its plans to construct a $600 million development in the Scott&#8217;s Addition Historic District in downtown Richmond.<\/p>\n<\/div>\n<p class=\"p1\"><strong>The project, named Live! Casino &amp; Hotel Richmond, includes a gaming floor measuring 250,000 square feet, a 300-room hotel, and live entertainment space with a capacity for 4,000 people.<\/strong><\/p>\n<p class=\"p1\">The targeted site is presently occupied by the Movieland theater complex. Owner Bow Tie Partners has offered to sell the 17-acre site to Cordish.<\/p>\n<p class=\"p1\">Cordish owns and operates three Live! casinos in Maryland and Pennsylvania. The company opened its $700 million Live! Casino &amp; Hotel Philadelphia earlier this month.<\/p>\n<h2 class=\"p1\"><b>Other Richmond Pitches<\/b><\/h2>\n<p class=\"p1\">Cordish isn&#8217;t the only casino operator that has <a href=\"https:\/\/www.casino.org\/news\/three-companies-vying-for-richmond-casino-virginia\/\">submitted a casino blueprint<\/a> to officials in Richmond. Over the weekend, a Black-owned media conglomerate based in the nation&#8217;s capital presented the city with a $517 million casino plan.<\/p>\n<p class=\"p1\">Urban One, a publicly traded conglomerate with a mission &#8220;to be the most trusted source in the African-American community that informs, entertains, and inspires,&#8221; has partnered with the parent organization of Colonial Downs and Rosie&#8217;s Gaming Emporium venues.<\/p>\n<div class=\"callout\">\n<p class=\"p1\">The Urban-Colonial bid targets a location in South Richmond across the James River from the capital area. The property would come with a smaller casino and hotel, including 90,000 square feet of gaming space and a 150-room hotel. An entertainment venue would accommodate 3,000 people.<\/p>\n<\/div>\n<p class=\"p1\">The Pamunkey Indian Tribe, which is already under development for a <a href=\"https:\/\/www.casino.org\/real-money\/\">casino<\/a> in Norfolk, is also seeking licensure in Richmond. It, too, is targeting South Richmond. The tribe has not yet formally unveiled its casino pitch. But the <i>Richmond Times-Dispatch <\/i>reports that the general sentiment among the predominantly Black neighborhoods in the area is that the Urban One proposal is preferred.<\/p>\n<p class=\"p1\">Urban One is not a foreigner to the gaming industry. The company owns a $40 million, seven percent stake in MGM National Harbor just outside DC in Maryland.<\/p>\n<h2 class=\"p1\"><b>Cordish Campaign<\/b><\/h2>\n<p class=\"p1\">The Cordish Companies says it&#8217;s the most qualified applicant to build and operate a casino in Richmond.<\/p>\n<p class=\"p1\">Cordish is already frustrated in Virginia. It believes it was wronged by Norfolk when it selected the Pamunkey tribe as its casino developer.<\/p>\n<p class=\"p1\">Cordish is suing the city on claims that a 2013 development agreement it entered into with Norfolk promised it gaming rights should Virginia legalize commercial gambling. The pact was part of Cordish&#8217;s agreement to invest $40 million into the Waterfront District.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Voters in Richmond, Va., will decide next November whether they want to authorize a casino resort to ignite economic growth in the state capital. The local ballot referendum will include specifics on the casino to allow voters to make an informed decision. The Richmond Department of Economic Development is handling the bidding process, and schemes [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":165099,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Richmond Casino Proposals Arrive, Cordish Pitches $600M Gaming Resort<\/title>\n<meta name=\"description\" content=\"Voters in Richmond, Virginia, will decide whether they want to authorize a casino resort in the capital through a ballot referendum.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Richmond Casino Proposals Arrive, Cordish Pitches $600M Gaming Resort\" \/>\n<meta property=\"og:description\" content=\"Voters in Richmond, Virginia, will decide whether they want to authorize a casino resort in the capital through a ballot referendum.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-22T21:57:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-03T10:16:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O&#039;Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O&#039;Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/\",\"url\":\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/\",\"name\":\"Richmond Casino Proposals Arrive, Cordish Pitches $600M Gaming Resort\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond.jpg\",\"datePublished\":\"2021-02-22T21:57:49+00:00\",\"dateModified\":\"2021-06-03T10:16:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Voters in Richmond, Virginia, will decide whether they want to authorize a casino resort in the capital through a ballot referendum.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/02\/Richmond_VA_VisitRichmond.jpg\",\"width\":1200,\"height\":900,\"caption\":\"The Robert E. Lee Monument is seen here in Richmond. City residents will decide if a casino resort will come to the capital city in the future. Bids are arriving from interested developers. 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Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. 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Lee Monument is seen here in Richmond. City residents will decide if a casino resort will come to the capital city in the future. Bids are arriving from interested developers. (Image: The Richmond Post)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/richmond-casino-proposals-arrive-cordish-pitches-600m-gaming-resort\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"Richmond Casino Proposals Arrive, Cordish Pitches $600M Gaming Resort"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. 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