Tag Archives: Virginia
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 – Virginia sportsbooks surge past $300m mark in March
Virginia sportsbooks continued their torrid launch by surpassing $300m in wagering in March, becoming just the eighth U.S. state, and the earliest, to reach the milestone. And with a record win, March’s results were strong enough to give Virginia its first positive month of adjusted gross revenue, a much-need boost for the state, according to…
US – Pala expands US reach with the launch of the Unibet Sportsbook Virginia
Pala Interactive follows on from their successful launches of the Kindred Group’s Unibet brand in Pennsylvania and Indiana with the launch of the Unibet Sports book in Virginia. Pala Interactive has integrated the Kambi Sports platform into Pala’s proprietary real money online gaming platform and continues to deliver on its multi-year license agreement with Kindred…
US – Virginia grants Kindred a direct market access mobile sports betting licence
Kindred Group has gone into the next phase of its US expansion by adding Virginia to the list of successful entries in the fast growing US gambling market. Unibet Sports & Racebook will soon offer customers in Virginia a first-class online sportsbook experience. Unibet Interactive, Kindred Group’s U.S. arm, is awarded a direct market access…
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 – Virginia sportsbooks bring in $265m in first full month
Virginia sportsbooks hauled in more than $265m in wagers in what was the Commonwealth’s first full month of legal sports betting, extending one of the highest volume debuts in US history. “Virginia’s debut has been overshadowed some by Michigan, but together the two states show just how far the U.S. has come,” said Dustin Gouker,…
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…
