Bristol Herald Courier
Legislation would allow Petersburg to hold a casino referendum. It would also delay Richmond from holding a second vote on a similar issue. The study predicts Petersburg and Richmond casinos could be financially viable. If both casinos were authorized, they would generate $49 million in state tax revenues, $14.9 million for Richmond and $8.8 million local taxes. For Petersburg, it would be 1,700 slot machines, 70 table games and a sportsbook. for a Petersburg-only casino. A larger Richmond casino is forecast to generate more than $249 million annually in net gaming revenue.