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Tag: schools

Virginia Lottery reports record $3.75B in revenue

The Virginia Lottery posted record sales of $3.75 billion and a record of almost $779.6 million in profits for fiscal year 2022, the lottery’s board announced Tuesday.

Sales increased roughly 15% from last year, and the lottery’s profits increased about 1.9% over the prior fiscal year’s record. The lottery’s fiscal year ends on June 30.

“Solid business practices supported by a broad offering of games to our players and the opportunity for our valuable retail partners to earn commissions and bonuses are what led to this record year,” Virginia Lottery Executive Director Kelly Gee said in a statement. “We had positive impacts in every corner of the state, from players winning record amounts of prizes to retailers benefitting from their ticket sales.”

Online sales steadily rose for the second full year since that revenue avenue was legalized in July 2020. More than 5,300 brick-and-mortar retailers earned a total $138.6 million in commissions and bonuses.

Virginia Lottery players won $2.67 billion, another record. The largest prize was $10 million, which a woman in Haymarket won on an Extreme Millions ticket.

The Virginia Lottery’s profits support Virginia’s K-12 public schools.

Newer to the Virginia Lottery’s responsibilities are the licensing and regulation of mobile sports betting and casino gaming. Virginia legalized sports betting in January 2021. Since then, the lottery has taken in $5.6 billion in gross sports gaming revenues. The state had 13 licensed active sports betting permit holders at the end of the fiscal year.

On July 8, the first Virginia casino, the Hard Rock Hotel & Casino Bristol, opened in a temporary space. Three other casinos are preparing to open in Portsmouth, Norfolk and Danville.

Caesars Entertainment Inc. announced earlier this month it would up its investment in the Danville casino and resort to $650 million and announced that the Eastern band of Cherokee Indians is a joint venture partner.

In July, HeadWaters Resort & Casino, the Pamunkey Indian Tribe’s $500 million gaming project planned for Norfolk, announced it was abandoning its temporary casino plans at Harbor Park, instead locating the facility on the same property as the permanent casino.

The $300 million Rivers Casino Portsmouth is on track to become the first Virginia casino to open a permanent location in January 2023. Rush Street Gaming, the casino’s owner, plans to hire 1,300 permanent employees.

Virginia Tech breaks ground on $85M Hitt Hall

Virginia Tech leaders and donors broke ground Wednesday on the university’s $85 million, 100,000-square-foot Hitt Hall, which will house the Myers-Lawson School of Construction.

The building, which has an expected completion of spring 2024, will feature general assignment classrooms and a 600-seat multivenue dining facility. The Myers-Lawson School is a collaboration between the College of Architecture and Urban Studies and the College of Engineering.

“This building is a tribute to what is possible when academia and industry collaborate to address the workforce needs of the 21st century, supported by generous friends and alumni,” Virginia Tech President Tim Sands said in a statement. “Hitt Hall will be an appropriate home for a nationally ranked and respected school that is developing the leaders and innovators who will define the industry’s future.”

The Virginia Tech Board of Visitors approved funding for the hall in August 2021. W.M. Jordan Co. is the construction manager, and the building is designed to obtain or exceed the LEED Silver certification.

The building is named in recognition of the Hitt family charitable foundation’s lead gift of $5 million. The Hitt family founded Falls Church-based Hitt Contracting Inc., which brought in $2.6 billion in 2020 revenue.

Brett Hitt and Virginia Tech alumni Century Concrete founder Preston White, John R. Lawson II of W.M. Jordan Co. and A. Ross Myers of Allan Myers Inc. committed to endow the Myers-Lawson School of Construction director’s position and name it in honor of current director Brian Kleiner and former program leader Mike Vorster.

“I appreciate how well Virginia Tech prepared me to succeed in industry, and it does an even better job today,” White said in a statement. “Preparing the talent base that companies like mine are in need of is the life blood of the future — and this new building and expansion of the Myers-Lawson School of Construction will ensure a bright future for both the construction industry and Virginia Tech.”

NoVa and Richmond to enter Phase Two June 12

Northern Virginia and the city of Richmond will enter Phase Two of Gov. Ralph Northam’s “Forward Virginia” plan Friday, June 12, joining the rest of the state in loosened restrictions on dining areas, personal care and grooming services and other nonessential businesses, Northam announced Tuesday. The state’s mask mandate in enclosed, public areas remains in place.

Phase Two of reopening in Virginia allows increased flexibility for restaurants, gyms, sports, and some entertainment venues, including:

  • Gatherings of up to 50 people are permitted.
  • Restaurants can offer indoor service at 50% capacity
  • Gyms and fitness centers can hold indoor classes and workouts at 30% capacity.
  • Swimming pools can reopen with some restrictions.
  • Entertainment venues such as museums, zoo and botanical gardens can reopen with some restrictions.
  • Recreational sports are allowed with physical distancing requirements and no sharing of sporting equipment.

In a statement issued Tuesday, Richmond Mayor Levar M. Stoney said,“Given the data landscape, the governor’s requirement that all Virginians wear face coverings and my trust in the Richmond community to look out for each other, I’m comfortable with our city entering Phase Two of Forward Virginia. However, we cannot forget that beating this disease for good will require avid community testing, contact tracing and stable isolation for COVID-19 positive patients. This is the biggest team project we’ve ever undertaken as a city, and it will continue to require compassion and cooperation from every one of us.”

Also announced by Northam Tuesday, Virginia’s public and private schools will be open this fall, although classrooms will be socially distanced and youth sports will be different than usual, with no shared equipment and no football tackles for the time being.

Virginia Superintendent of Public Instruction James Lane described the opening plan for school systems, which, like the state reopening plan, will take place in three phases. In Phase One, which is in effect now statewide, schools can open immediately for in-person special education classes and child care.

In Phase Two, which will be in effect statewide Friday, summer camps, preschools and some schools will be allowed to open. Phase Three, which will start when the state enters the phase, will allow all students to come to school, but with safety precautions including 6 feet between desks, daily health screenings for students and teachers, and staggered use of cafeterias or requiring students to eat lunch at their desks.

Lane said a comprehensive guide to the three phases will go out to schools today from the Virginia Department of Education, and that each public school must present its reopening plans to the VDOE, while private schools will send their plans to the Virginia Council of Private Education, which will then share the plans with VDOE.

More details will be out in coming days, Lane added.

As for youth sports, guidelines will include avoiding all intentional contact — such as a tackle on the football field — and not sharing equipment like helmets and bats, said Northam Chief of Staff Clark Mercer. For exercise classes, the rule of thumb will be maintaining 10 feet of distance between participants, he added.

In Confederate monument news, Rita Davis, the governor’s counsel, said that her office is ready to defend the governor’s decision to remove the Robert E. Lee monument in Richmond, which a Richmond Circuit Court judge placed under a 10-day injunction Monday night. Under the ruling, the statue can’t be removed before June 18.

A member of the Monument Avenue Preservation Group, Richmonder William Gregory, sued Monday to prevent the statue’s removal. He is a descendant of the original owners of the land the monument occupies.

The governor’s announcement to remove the monument — now with its pedestal covered in spray-painted graffiti — came last week as protests against police brutality and racism reached a fever pitch nationwide, including in Richmond. However, Davis said Tuesday that her office has been preparing for the past year for expected legal challenges over the statue’s removal from state-owned land.

The governor’s counsel’s office was not notified of Monday’s hearing, although it was not required for the court to do so, Davis noted.

“Let’s be clear about one major thing here. Though this monument was cast in the image of Gen. Robert E. Lee, the purpose of this monument was to recast Virginia’s history, to recast it to fit a narrative that minimizes a devastating evil perpetrated on African Americans during the darkest part of our past,” she said, her voice catching a moment. “The governor’s decision today to continue forward with trying to remove this monument takes us a step forward to reclaiming the truth of Virginia’s history and reclaim it for all Virginians. And we look forward to defending that in court.”

 

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