casino<\/a> in Norfolk, is also seeking licensure in Richmond. It, too, is targeting South Richmond. The tribe has not yet formally unveiled its casino pitch. But the Richmond Times-Dispatch <\/i>reports that the general sentiment among the predominantly Black neighborhoods in the area is that the Urban One proposal is preferred.<\/p>\nUrban One is not a foreigner to the gaming industry. The company owns a $40 million, seven percent stake in MGM National Harbor just outside DC in Maryland.<\/p>\n
Cordish Campaign<\/b><\/h2>\n
The Cordish Companies says it’s the most qualified applicant to build and operate a casino in Richmond.<\/p>\n
Cordish is already frustrated in Virginia. It believes it was wronged by Norfolk when it selected the Pamunkey tribe as its casino developer.<\/p>\n
Cordish is suing the city on claims that a 2013 development agreement it entered into with Norfolk promised it gaming rights should Virginia legalize commercial gambling. The pact was part of Cordish’s agreement to invest $40 million into the Waterfront District.<\/p>\n","protected":false},"excerpt":{"rendered":"
Voters in Richmond, Va., will decide next November whether they want to authorize a casino resort to ignite economic growth in the state capital. The local ballot referendum will include specifics on the casino to allow voters to make an informed decision. The Richmond Department of Economic Development is handling the bidding process, and schemes […]<\/p>\n","protected":false},"author":25,"featured_media":165099,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13],"tags":[],"acf":[],"yoast_head":"\n
Richmond Casino Proposals Arrive, Cordish Pitches $600M Gaming Resort<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n