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Six Companies Battle For Rights To Richmond Casino

Bally's, Golden Nugget, The Cordish Companies, ONE Resort, And Two Tribes All Submitted Proposals To The City

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As Virginia gets ready to roll out its brick-and-mortar casino market, several companies are vying to become the casino that resides in the state’s capital.

According to a report from a local NBC affiliate, there are six casino companies bidding for the Richmond site. Each has submitted a one-page proposal and they are posted on the city’s economic development website.

Bally’s, Golden Nugget, ONE Resort, The Cordish Companies, the Pamunkey Tribe and Wind Creek Hospitality, which is the corporate gaming entity of the Poarch Band of Creek Indians, have all submitted proposals. The Poarch Band of Creek Indians, who is currently pushing for a gaming compact with Alabama, and the Tilman Fertitta-owned Golden Nugget were the two most recent companies to jump in after submitting paperwork last week.

Richmond will only have one casino. The City Council will have a panel vet the proposals and eventually choose one project. Voters will get to vote yes or no on the project this November.

“Receiving six proposals demonstrates that the city remains an attractive place for investment,” Mayor Levar Stoney told NBC. “We are committed to a complete and competitive evaluation and selection process so that Richmonders will have the best possible project to consider when voting on November 2nd.”

Last November, citizens voted to bring casino gambling to the state. The ballot initiative allowed casinos in Danville, Portsmouth, Norfolk, Bristol and Richmond. Caesars Entertainment will build the Danville casino, Hard Rock International will construct the Bristol property, the Pamunkey Tribe has the go-ahead for the Norfolk casino and Rush Street Gaming will build the company’s fifth casino in Portsmouth.

Richmond took a different route and opted to use another referendum process to choose the company that will build the property.