Virginia: Petersburg Casino Effort Remains Alive, Fairfax Casino Bill Dead
A Virginia Senate subcommittee gave desire to a Petersburg Campaign casino sweat on Th by forward lawmaking that would designate the town as a qualified gaming boniface jurisdiction.
Virginia legalized commercial message gaming inwards 2020, but only inwards the cities of Richmond, Norfolk, Portsmouth, Bristol, and Danville. Those cities met the qualifying criteria dictated by the General Assembly that suggested how a gambling casino might help revitalize the local economies of those in a bad way(p) communities.
Before a gambling casino is fully authorised for for each one city, the local government required to theater a evolution partner through a competitive summons process. The last hurdle is gaining voter financial support through a local ballot referendum. Voters in all but capital of Virginia signed sour on their respective gaming projects.
Richmond’s casino referendum failed by to a lesser extent than 1,500 votes. State Sen. Joe Morrissey (D-Petersburg), whose dominion includes southern portions of Richmond, has been since trying to displace Richmond’s rejected gaming certify to Petersburg about 20 miles due south of the commonwealth capital.
The Gaming Subcommittee of the Senate Committee on General Laws and Technology approved Morrissey’s Senate Bill 780 on Thursday. The appraise at present moves to the good citizens committee for further consideration.
Legislative Components
Morrissey’s bank bill seeks to allow Petersburg to debate a cassino development. The legislation would also prohibit Richmond from hosting another gambling casino referendum until Petersburg “has had a sane opportunity” to turn over a gaming undertaking.
A meditate conducted by the VA Joint Legislative Audit and Review Commission (JLARC) concluded endure downfall that casinos inward both Richmond and Petersburg Campaign would be profitable, though each would bring forth far to a lesser extent revenue if both were to open.
Baltimore-based Cordish Companies, which operates casinos in Old Line State and Pennsylvania, won Petersburg’s casino bidding. The troupe pitched the town a $1.4 one million million project — propagate out o'er many years with multiple developing stages — but the company’s interest would wane if capital of Virginia were to unfastened a casino, too.
The capital of Virginia City Council and Richmond Mayor Levar Stoney (D) want to re-ask city residents about the $565 gazillion casino pitched by black-focused media conglomerate Urban One inwards a partnership with billionaire gaming old stager Jon Yarbrough.
Richmond’s 2021 casino syndicate additionally included Peninsula Pacific Entertainment (P2E), which was to running play the holding should it add up to fruition. P2E has since been sold to First Duke of Marlborough Downs, Inc. The Kentucky-headquartered Equus caballus racing and gaming operator said it would deal connexion a unexampled pact should capital of Virginia displace forwards with another try.
Fairfax Casino Tossed
A separate legislative travail to denominate Fairfax County as a qualified cassino location was a short-lived task in 2023.
State Sens. Saint David Marsden (D-Burke) and Del. Wren Roger Williams (R-Stuart) last week, on the last daylight of the 2023 legislative session to fare so, filed lawmaking to allow Fairfax to look at a casino with its have local referendum. Marsden admitted that the odds were long of the Federal Reserve note gaining traction this year because of its highly controversial matter.
Just pentad days after beingness introduced on Jan. 20, Marsden and Williams’ Senate Bill 1543 was yanked from its assigned committee. The Senate Committee on General Laws and Technology sanctioned Marsden’s bespeak that the measure is struck from further consideration.
Marsden did non right away respond for point out as to why he killed his have bill. But he previously said the issuance would potential live to a greater extent strongly considered during the state’s 2024 legislative session.
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