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Richmond casino rejected by voters
Updated 4:20 p.m. Wednesday Richmond voters on Tuesday rejected the proposed $565 million ONE Casino + Resort by about a 1,200-vote margin. The project’s developer, Silver Spring, Maryland-based media company Urban One Inc., acknowledged the referendum’s defeat in a statement Wednesday, as did the city’s mayor. With “no” votes outnumbering yeses, Richmond became the o[...]
Colonial Downs Racetrack sets $2.23M daily bets record
Bettors laid down a record $2.23 million in average daily wagers on horse races at Colonial Downs Racetrack in New Kent during this year’s annual race meet, Colonial Downs Group announced this week. The total amount bet on races during the seven-week racing season was $46.87 million, and a total of $10.4 million in purses […]
Hospitality | Tourism
NEIL P. AMIN CEO, SHAMIN HOTELS, RICHMOND The past year has been a bit of a mixed bag for Amin and Shamin Hotels, one of the United States’ largest independent hoteliers. Shamin, which owns more than 60 hotels, saw its Hilton Richmond Hotel and Spa in Short Pump enter receivership in January after falling behind on […]
Virginians bet $235M on sports in June
Virginians bet $234.9 million on sports in June but nearly broke even, making $212.9 million during the fifth full month for legal sports wagers, according to data released Friday by the Virginia Lottery. Virginia sports betting wagers now total more than $1.3 billion since the state legalized sports betting in mid-January. In May, the state […]
Virginians bet $236M on sports for April
Virginians bet $236 million on sports during April, the third full month for legal sports wagers in the commonwealth, according to data released Friday by the Virginia Lottery. Bettors made about $217 million between April 1-30. Virginians bet 22% less in April than in March when they wagered heavily on the NCAA Division I men’s […]
Richmond panel recommends $600M Urban One casino proposal
The city of Richmond’s casino advisory panel has recommended Silver Spring, Maryland-based Urban One Inc.’s $600 million ONE Casino + Resort proposal to move forward for consideration by City Council and citizens, Mayor Levar Stoney’s office announced Thursday. If Council approves the recommendation and voters support it in a November referendum, the resort will be […]
Bettors waged $304M+ in March, Virginia Lottery reports
Betting on the NCAA Division I men’s basketball tournament accounted for more than $83.5 million of the $304 million in sports wagering that took place in Virginia during March 2021, according to a report released Friday by the Virginia Lottery. In all, Virginians bet $304.06 million and won $277.49 million in the second full month […]
Richmond nixes Bally’s casino proposal
The city of Richmond has cut the $650 million Bally’s casino proposal from consideration, leaving two competitors, the mayor’s office announced Wednesday morning. The Live! Casino & Hotel proposal by Baltimore-based The Cordish Cos. and ONE Casino and Resort, proposed by Silver Spring, Maryland-based Urban One, are the only two options now being considered by […]
Va. sports betting rakes in $265M during first month
Virginians bet $265 million on sports during February, the first full month for legal sports wagers in the commonwealth, according to data released Thursday by the Virginia Lottery. The house wound up winning — but just barely — with bettors making $253 million between Feb. 1-28, including the Feb. 7 Super Bowl, when people bet […]
Richmond cuts three of six casino proposals
Updated, March 25 The city of Richmond has rejected three of its six casino proposals. The Pamunkey Indian Tribe, Golden Nugget Hotels & Casinos and Wind Creek Hospitality are no longer in the running, the city confirmed Wednesday night. In late February, the city announced that six casino projects had been submitted for consideration. Still […]
Northam signs alcohol, ‘games of skill’ bills into law
Gov. Ralph Northam announced on Friday that he has signed several bills into law, including ones that allow for the delivery and take-out of alcoholic beverages and the ban of so-called “games of skill.” House Bill 1879, sponsored by Del. David Bulova, D-Fairfax, and Senate Bill 1299, sponsored by state Sen. John Bell, D-Ashburn, codify […]
Online games made up 21% of Va. Lottery income
The Virginia Lottery raked in $436 million from online lottery games between their July 1, 2020, launch and the end of February, making up 21.8% of the state lottery’s total $2 billion revenue during that period. According to a news release Wednesday, 163,000 players have won prizes playing the lottery online, including the Mega Millions, […]
