latest news

Norfolk casino hires general manager
Ron Bailey has been selected as vice president and general manager for Norfolk’s forthcoming casino, its operators announced Monday. He most recently was vice president and general manager of the Valley Forge Casino Resort in Pennsylvania, which is owned by Boyd Gaming, a partner in the $750 million Norfolk resort with the Pamunkey Indian Tribe. […]
Industries

Va. looks to produce more ‘middle-skilled’ workers
When Tennessee-based Microporous officials visited Virginia in 2022 to scout locations for a new plant, Danville leaders took them to local public schools. That might seem like an unusual field trip, but choosing the right site for a manufacturing operation is not as simple as picking a plot of land anymore, says Julie Brown, vice […]
Real Estate

CoStar completes $1.6B acquisition of Matterport
Arlington County-based real estate data and analytics company CoStar Group announced Friday that it had completed the acquisition of Sunnyvale, California-based 3D digital twin technology company Matterport. CoStar says the $1.6 billion acquisition, which was announced last year, will allow the company to accelerate the adoption of AI-driven digital twin technology across the global real […]
Money

Capital One, Discover shareholders approve $35.3B acquisition
The proposed $35.3 billion blockbuster acquisition of Discover Financial Services by Capital One Financial has been approved by each company’s shareholders, the credit card giants announced Tuesday. Stockholders representing 85.1% of the total number of outstanding shares of Capital One common stock were in favor of the acquisition at a Tuesday meeting held in McLean. […]
Government

Former Va. ABC employee sues authority, claiming retaliatory termination
A former Virginia Alcoholic Beverage Control Authority employee has filed a federal lawsuit against the state authority, alleging his termination last year was in retaliation for reporting alleged harassment and discrimination due to his sexual orientation. Paul Watson, a former ABC senior business analyst who identifies as gay, claims in the lawsuit he was “targeted” […]
Hotels/Tourism

Tourism: New attractions open, break ground statewide
Virginia gained several tourism attractions in the last year, from casino resorts to sports facilities, and saw more projects get underway. In 2024, Virginia’s three casinos brought in about $732.2 million in adjusted gaming revenues, up nearly 32% from 2023. Part of that increase can be attributed to the Caesars Virginia casino in Danville, which […]
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