Dreamstime/Aaron Amat With 71 of 72 Richmond precincts counted as of this morning, One Casino and Resort is losing its referendum by 2,225 votes. Things could still change, as results will only be official and complete on Friday.
At issue is whether this retail casino will be built. Right now, the odds don’t look good. At the moment, it’s on course to fail by a margin of 2.88%. If the final precinct does manage to swing the vote, One Casino will clock in at $563 million to construct and be the state’s fifth, final and most expensive retail casino. The plan had been that it would open to gamblers in 2024 .
The establishment would house 100,000 square feet of gaming space. It would cater to gamblers residing in Old Dominion and beyond.
These facts come from the company’s website, OneCasinoResort.com. The project is the work of RVA Entertainment Holdings – a subsidiary of the media company Urban One – which said: “ONE will open as the nation’s only Black-owned casino.” As of this morning, One Casino officials haven’t made a statement to Online Poker Report or issued a press release regarding the vote.
Update at 6:20 p.m. today: Update: While the official word is it’s “too early to speculate” about the official vote count defeating ONE Casino and Resort in Richmond, photos are gone from @OneCasinoResort Twitter account. No tweets emanated from it today. Plus, the project site, OneCasinoResort.com, is blank now.
Meanwhile, One Casino’s ballot measure is only losing by 2.34%, or 1,825 votes. What Richmond voters are denying
In Spring 2020, lawmakers approved five retail casinos in the state and specified that they be regulated by the Virginia Lottery. Legislators approved online sports betting at that time, as well.
However, each municipality needed to sign off on the projects.
So last November, voters in Bristol, Danville, Norfolk and Portsmouth accepted the other four casinos that will cost between $300 and $500 million to build.Then yesterday, Richmond voters decided the fate of One Casino and Resort. Casino construction one of many issues on a busy Election Day Richmond has 142,460 active […]
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