The city of Dumfries in Virginia could be getting a new casino resort soon, provided there are no last-minute surprises. A request by Colonial Downs Group Inc. to build a gaming property in the city has received approval from the Dumfries Planning Commission, jumping one of the few remaining hurdles toward becoming a reality. If […]
BlueBet revealed today that it withdrew its application for a sports wagering license in Virginia. The company acknowledged that the local regulator said that it wasn’t eligible for a permit, mainly because of a lack of experience in other US states. However, BlueBet can reapply at a later period for a license in Virginia and […]
The Caesars Virginia casino project is likely to go over budget by a huge margin. The original plans for this venue stated that the whole project will cost around $400 million, but now, the price tag will rise to $500 million. The senior vice president of Caesars Entertainment, Robert Livingston, confirmed as much during a […]
The Virginia Lottery is a little slow in releasing the figures for gaming activity, but it has finally come through. The results for June were just published last Friday and show positive movement after having stalled for two months. With the NFL season starting this month through preseason games, the rest of the year should […]
Richmond City Council has approved contract terms for the new casino resort project in South Richmond by Urban One for a 2024 launch. Richmond City Council Approves the Terms for Urban One Casino On Monday, Richmond’s City Council approved the contract terms with the extension of Urban One’s project to build a casino resort by 2024. Last year, Gov. Northam signed […]
Casino gaming in Virginia moves a step further as the Lottery Board approves its permanent regulations proposal. Virginia Approves Permanent Casino Gaming Regulations Casino gaming in Virginia has moved a step further, asthe Virginia Lottery Board approved a permanent casino gaming regulations proposal. Initially constructed in haste, the casino regulations were approved by the Board […]
A leading independent tax policy nonprofit, the Tax Foundation, released a report last week, evaluating the efficiency of different state’s approaches to sports betting taxation. Deductions Lead to Lower Effective Tax Rate Industry official data provided by the American Gaming Association (AGA) shows 21 US states and D.C. are currently offering legal wagering on sports, […]
The opening of ONE Casino and Resort in Richmond, Virginia has been postponed until October 2024. Richmond’s ONE Casino Postponed to 2024 Richmond’s ONE Casino + Resort opening has been delayed until October 1, 2024. The news was announced by the city’s economic development director, Leonard L. Sledge, at the City Council’s Organizational Development Committee […]
Virginia became the latest US jurisdiction to surpass the $1 billion threshold in sports betting revenue since its inception, the monthly report released by the Virginia Lottery revealed, while month-on-month wagering on sports continued to decline in May. Higher than Industry Average Operator Margin The report showed licensed sports betting operators in Virginia generated $227 […]
Many skill games operators in Virginia had their hands on the power cord, ready to yank the machines out and throw them in the dumpster. Lawmakers approved a controversial measure that brought an end to the one-year trial of the slot machine cousins, but now lawyers are telling operators to hold on. Several legal battles […]
