Tag Archives: Richmond
US – Urban One and Colonial Downs chosen for $600m Richmond casino
Urban One and Colonial Downs have been selected as the chosen operator by the Resort Casino Evaluation Panel in Richmond, allowing the consortium to move forward with ONE Casino + Resort, a US$600m, 300,000 square-foot resort with 100,000 square feet of gaming space. In a final round, Urban One and Colonial Downs beat off a…
US – Live! Casino Richmond reaches one of the largest minority equity investments in Virginia’s history
The Cordish Companies has reached a historic achievement in providing opportunities for generational wealth building for Minority communities. The company, along with its 50 per cent Minority partnership team led by prominent Virginia businessman and Pro Football Hall of Fame legend, Bruce Smith, shared it has achieved $180m in direct Minority investment for the proposed…
US – Bally’s misses out in bid to land Richmond casino
The City of Richmond has cut the number of candidates in its quest to launch a casino from three to two with plans from Bally’s Corp. for a $650m, 1.6m-square-foot casino shelved. The move leaves The Live! Casino & Hotel proposal by The Cordish and ONE Casino and Resort, proposed by Urban One on the…
US – Bally’s launches option for Richmond residents to own a share of Bally’s Richmond Casino Resort
Bally’s Corporation, the developer and operator of the proposed $650m Bally’s Richmond Casino Resort, and finalist in the City’s casino selection process, will provide the opportunity for all Richmond residents to purchase an equity interest in, and become partial owners of, Bally’s Richmond. David Walton, a Richmond-based serial entrepreneur, most known for founding the Black…
US – Live! Casino & Hotel Richmond and One Casino + Resort also through to Richmond final
Live! Casino & Hotel Richmond and One Casino + Resort have joined Bally’s Richmond Casino Resort as the three finalists in the bid to land a casino licence from the City of Richmond in Virginia. The Pamunkey Indian Tribe, Golden Nugget Hotels & Casinos and Wind Creek Hospitality missed out. Richmond’s Evaluation Panel said: “The…
US – Bally’s through to three bid final in quest for Virginia casino
The Bally’s Richmond Casino Resort, a proposed $650m world-class destination resort, hotel and casino, has been selected as one of three finalists by the City of Richmond’s Evaluation Panel to host a casino gaming establishment. Bally’s proposal represents the largest casino resort project and the largest upfront payment to the City at $100m. The Evaluation…
US – Bally’s launches Bally’s For RVA campaign in Virginia
Bally’s Corporation has launched its Bally’s For RVA campaign to create awareness of the Bally’s Richmond Casino Resort, a $650m world class destination that will generate significant economic stimulus and create substantial employment opportunities for the residents and small businesses of Richmond, Virginia. The campaign is expected to run throughout the City’s selection process, which…
US – Golden Nugget joins race for Richmond casino
Golden Nugget Hotels & Casinos has joined the race for a casino licence in Richmond, Virginia, with a proposal for the $400m Golden Nugget Richmond Hotel & Casino, located six miles from Downtown and 20 miles from Richmond International Airport. The project would create over 1,200 jobs for the city, take 36 months to build…
US – Wind Creek Hospitality confirms bid for Richmond casino
Wind Creek Hospitality announced it has formally submitted a proposal to the City of Richmond, Virginia to serve as their Preferred Casino Gaming operator to develop, construct and operate a destination resort in the City. “Wind Creek Hospitality is excited to be considered for this project,” said Arthur Mothershed, EVP of Business Development and Government…
