#JLARC

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

Bristol Herald Courier

Study: Gray machines pose risks, but has millions in revenue potential

A 2022 Virginia gambling regulation study emphasized multiple concerns about "gray machines" but estimated - if properly regulated - they could generate substantial annual tax revenue. Issued in October by the Joint Legislative Audit and Review Commission, the study recommends the Virginia Lottery oversee all types of gaming in the state. The…

Finance ・ 28 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

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

Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.

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

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

ABC 8 News

Amid gambling boom, just four Virginia regulators oversee entire horse racing industry

RICHMOND, Va. (WRIC) - Virginians have embraced gambling to the tune of over $10 billion a year - but a new report found that key regulators are critically understaffed and unprepared to tackle the booming industry. For most people, gambling evokes images of glitzy casinos and gas station scratch-offs, but in Virginia, the biggest driver of revenue…

Industry ・ 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

RELATED LOCATIONS

State

California

State

Indiana

State

Virginia

Gambling News

Two New Virginian Casinos Are Better Than One Study Finds

Virginia is debating whether to add new casinos, but fear of cannibalizing revenue has permeated legislators' midst. These qualms may now be put to rest following the results of a study that were revealed on Monday. According to the survey, Petersburg and Richmond could support a casino separately or together, but ideally, there would be two…

Jobs ・ 18 October 2022

Bacon's Rebellion

Portsmouth: Chaos + Casino = Chaos

Portsmouth has a lot of problems. Look for them to get worse in February when its new casino is scheduled to open. A key thing you need to know about the casino is that it is the realization of Louise Lucas' vision. Sen. Lucas has spent 22 years promoting a casino in Portsmouth. As if that was just the thing Portsmouth needed to become a successful…

Politics ・ 11 July 2022

Yogonet

Virginia's budget deal clears Richmond's second casino referendum but ties licensing to legislative study on Petersburg's rival bid

The leaders of Virginia's Senate Finance and Appropriations and House Appropriations committees confirmed Friday that the new state budget agreement they partially unveiled on Thursday includes language that would delay state licensing of a proposed casino in South Richmond even if voters approve it in November's second referendum on the matter.…

Law ・ 07 June 2022

Yogonet

Virginia judge greenlights Richmond petition for second casino referendum on November's ballot

A judge has granted the city of Richmond, Virginia, its request for a second casino referendum, to be conducted this November. The city council committee had unanimously voted in favor of the idea in January, seeking to pursue the failed Urban ONE casino project a second time after it was narrowly voted down by residents in November last year. The…

Law ・ 06 May 2022

RELATED CATEGORIES

Category

Law

Category

Finance

Category

Sports

Category

Travel

Richmond Times

Richmond’s November referendum is about a whole lot more than a casino

The decision to approve or reject a casino in Richmond finally is in the people's hands. On Monday evening, the City Council voted 8-1 to place a referendum on this November's ballot. If a majority of voters approve, the ONE Casino+ Resort would be built at Commerce Road and Walmsley Boulevard just off of Interstate 95 in South Richmond.…

Law ・ 16 June 2021