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Colonial Downs Racetrack sets $2.88M daily bets record
Colonial Downs Racetrack broke records again in its racing season, with bettors waging more than $6.5 million on New Kent County Virginia Derby Day earlier this month, Colonial Downs Race Group announced this week. The total amount bet on races during the 26-day racing season was $74.9 million and a daily average of $2.88 million, […]
Chrysler Museum names communications director
Norfolk’s Chrysler Museum of Art has named Ashley Grove Mars as its new director of communications. Mars previously spent more than seven years working for the Virginia Zoo, including in marketing and as creative director. She worked as its communications director since March 2021, according to her LinkedIn account. Mars h[...]
Va. hotel revenues up slightly over 2019
Northern Virginia’s hotel market continues to be a drag on the lodging industry’s performance in the commonwealth as a whole, according to recently released data from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. The latest data show rooms sold decreased by 4.6%[...]
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 lottery̵[...]
NoVa distillery to expand, create 42 jobs
Prince William County-based MurLarkey Distilled Spirits will invest $8.1 million to move and expand its operations, with plans to create 42 new jobs over the next three years, Gov. Glenn Youngkin announced Thursday. MurLarkey will leave Bristow and establish a large new distillery and tasting room on the Manassas campus of Farm Brew Live, a […]
Caesars ups Danville casino investment to $650M
Caesars Entertainment Inc. has once again upped its investment in the forthcoming Caesars Virginia casino and resort in Danville, this time from $500 million to $650 million, while announcing Wednesday that the Eastern Band of Cherokee Indians is now a joint venture partner in the casino project. Plans for the casino include a[...]
More Diamond District details released; city narrows pool to 2 developers
Richmond has narrowed its pool of Diamond District development team finalists from three to two, city officials announced Friday, while releasing some more details about the competing proposals, which include thousands of residential units and a new Richmond Flying Squirrels stadium expected to be paid for with bonds. Still in t[...]
Hilton will expand global HQ in Fairfax
Hilton Worldwide Holdings Inc. will expand its Fairfax County corporate headquarters, creating 350 jobs over the next five years, Gov. Glenn Youngkin announced Thursday. Over the next five years, the Fortune 1000 global hospitality company will add a variety of roles in areas created to support growth in the coming years, accord[...]
Southwest Va. builds outdoor rec centers
Southwest Virginia has two new centers welcoming outdoor adventurists and another on the way. With a grand opening set for August, the $1.5 million Back of the Dragon Welcome Center opened in Tazewell in May 2020. In Coeburn, Spearhead Trails opened a 22,000-square-foot activity center in its renovated Coeburn headquarters last [...]
A new look at Va. Beach’s Atlantic Park
The $350 million Atlantic Park surf park development planned for Virginia Beach’s Oceanfront will start construction in October or early November, developers told Virginia Business this week. Virginia Beach-based Venture Realty Group also shared new renderings of the project, which Venture has been co-developing with musi[...]
Statewide hotel revenues continue to lag 2019
Hotel revenues in Virginia for the first half of 2022 continued to lag behind 2019, and reduced business travel is still the culprit. That’s according to data released this week from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold decreased by 4.6% in [...]
HeadWaters temporary casino changes course in Norfolk
HeadWaters Resort & Casino, the Pamunkey Indian Tribe’s $500 million gaming project planned for Norfolk, announced Wednesday it is abandoning its temporary casino plans at Harbor Park, instead locating the facility on the same property as the permanent casino. “Issues were recently raised about the address of the[...]
