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Richmond lodge appeals court’s casino ruling
A Richmond nonprofit organization is continuing its effort to block the city’s do-over casino referendum — even though the measure is already on ballots and early voting is underway. Richmond Lodge No. 1 of the Good Lions this week filed a notice to appeal an August decision by a Richmond Circuit Court judge who ruled […]
Richmond casino reintroduced with new name
The corporate backers of a $562 million Richmond casino on Thursday unveiled a new name for the resort casino city voters will consider approving this fall: Richmond Grand Resort & Casino. But not much else appears to be new about the proposed project. Many of the features of the proposed ONE Casino + Resort that […]
Va. Lottery reports record $4.6B in FY23 revenue
Virginia Lottery reported $4.6 billion in sales for fiscal 2023, the first time its sales have broken $4 billion, and record profits of $867 million. Profits increased almost 10% from the last fiscal year, when the lottery reported $779.6 million. The lottery’s fiscal year ends on June 30, and the lottery board announced the results […]
Hospitality | Tourism 2023: JIM McGLOTHLIN
McGlothlin has always had an innate sense for a good business opportunity. He built a fortune from coal mines and then pivoted to hospitality as the coal business began to recede. A William & Mary alumnus, McGlothlin has a bachelor’s degree in psychology and a law degree. He started out as a lawyer in Grundy, […]
Ruling clears way again for Richmond casino referendum
A Richmond Circuit Court judge issued another ruling Wednesday clearing the way for a Richmond casino referendum to appear on ballots this November. Richmond Circuit Court Judge W. Reilly Marchant ruled against the Richmond Lodge No. 1 of the Good Lions Inc., a nonprofit organization that had filed a motion to block the casino vote. […]
Virginians bet nearly $426M on sports in April
Virginians wagered $425.98 million in April, up 6.6% from the year prior, according to data released June 1 by the Virginia Lottery. About $422 million in sports betting revenue came from mobile operators, and the remaining $3.5 million came from casino retail activity out of the temporary Hard Rock Hotel & Casino Bristol and the […]
Va. casinos report $35.4M in April revenue
Gaming revenues from Virginia’s two casinos open in April totaled $35.4 million last month, according to data released Monday from the Virginia Lottery. Rivers Casino Portsmouth, which received its casino license in November 2022 and opened Jan. 23, reported $21.3 million in adjusted gross revenue (wagers minus winnings) in April. Of that, $13.8 million came […]
Caesars Danville opens temporary casino
Virginia’s third casino opened its doors Monday in Danville to hundreds of guests lined up to take a look inside Caesars Virginia‘s 40,000-square-foot temporary casino. While the $650 million permanent resort, which is expected to open in late 2024, is being constructed next door, the temporary facility will offer guests eight sportsbook betting kiosks; 740 […]
Virginians bet almost $512M on sports in March
Virginians won $456 million but bet $511.6 million on sports in March, a 9% increase in betting expenditures over March 2022, according to data released Monday by the Virginia Lottery. About $507 million of sports betting revenue came from mobile operators, with the remaining almost $4.59 million coming from casino retail activity out of the […]
Lottery approves Danville Caesars casino’s license
UPDATED: April 26, 4 p.m. The Virginia Lottery Board approved the facility operator’s license for Danville‘s $650 million Caesars Virginia casino, which is expected to open in a temporary space on May 15. It’s the third casino to receive state approval, following the Hard Rock casino in Bristol and Rivers Casino Portsmouth in Hampton Roads. […]
Virginians wager $433M on sports in February
Virginians bet more than $433.8 million on sports in February, according to data released Friday by the Virginia Lottery. Virginia sports bettors won more than $394 million in February. More than $430 million of sports betting revenue came from mobile operators, with the remaining roughly $3.55 million coming from casino retail activity out of the […]
Virginians bet $513M on sports in January
Virginians bet more than $513 million on sports in January, according to data released Wednesday by the Virginia Lottery. Almost $511 million of that revenue came from mobile operators, with the remaining roughly $2 million resulting from casino retail activity in Bristol and Portsmouth, where the state’s first permanent casino opened Jan. 23. Virginia sports […]
