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Double play
Two casinos, just miles apart, will debut in Hampton Roads
Hampton Roads will be home to two Las Vegas-style casino complexes after Norfolk and Portsmouth voters overwhelmingly approved November 2020 referendums greenlighting the projects in their cities. The referendums passed with 64.4% of the vote in Norfolk and 66.7% in Portsmouth. The Pamunkey Indian Tribe is working with Tennessee billionaire Jon Yarbrough to build the
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A jackpot for Danville?
Casino set to open in 2023 on former mill property
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The now-blighted property that was Dan River Mills when textile was king in the city of Danville will soon morph into the gleaming, $400 million Caesars Virginia casino and resort. At one time, the 80-acre site in the Schoolfield neighborhood was the world’s largest single-unit textile manufacturing site. Now abandoned, the unsightly property represents the
Better times ahead
Lodging, tourism, travel industries look ahead to recovery
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Catrina Mullins can picture the scene: A stage, musicians and a grassy lawn. People leaning back in chairs or sitting cross-legged on blankets on the ground, tapping their toes to familiar tunes. Others open windows to listen to the sound from their hotel rooms, which look out onto the lawn. This is what an outdoor
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Payout on a dream
Bristol started casino quest in 2018
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“Get it done!” Those three words sent Jason Eige and Martin Kent on a mission to bring a casino to Bristol Mall before commercial gaming resorts were even legal in Virginia. Eige, general counsel for The United Co., and Kent, the oil and gas company’s president and chief operating officer, vividly remember the day they
Hotel revenues down 27% for January
Industry sees slight improvement from December
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Virginia hotel revenues for January 2021 were down 27% compared with January 2020, continuing the industry’s slow climb back to recovering from the economic impact of the coronavirus pandemic, according to data released Thursday from STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. For the same period, rooms
UPDATED: Golden Nugget, Wind Creek enter proposals to build Richmond casino
Projects at $541M and $400M among six contenders
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Updated 3 p.m., Feb. 24 Joining at least four other groups competing to be chosen as Richmond’s choice for a casino operator, bids from two other casino companies were made public Wednesday. Houston-based Golden Nugget Hotels & Casinos has proposed a $400 million casino project about six miles from downtown, and Wind Creek Hospitality, affiliated
UPDATED: Richmond now has six major casino proposals
Bally's, Urban One, Cordish Cos., Pamunkey, Golden Nugget, Wind Creek vie for final Virginia casino project
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Updated Feb. 26 The city of Richmond is now considering six casino proposals, the mayor’s office announced Friday. Monday afternoon was the city’s deadline for its request for proposals, and all six submitted were deemed eligible. Starting next month, Richmond will hold public meetings with opportunities for citizen input. In addition to the Pamunkey Indian
Short Pump Hilton enters receivership
Fairfax’s Crescent Hotel Management Services named receiver
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The Hilton Richmond Hotel and Spa in Short Pump has entered receivership after its owner, Shamin Hotels, fell behind on loan payments, according to documents filed in Henrico County Circuit Court. In an order dated Jan. 21, Fairfax-based based Crescent Hotel Management Services LLC was named special receiver for the Short Pump Hilton, which was
Business groups ask Va. lawmakers for higher PPP tax deductions
House of Delegates, state Senate bills differ on amounts
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Virginia’s two legislative bodies have not yet agreed on an amount that Virginia businesses can deduct from federal Paycheck Protection Program loans they received last year, and how much of the loans they’ll have to pay state taxes on. Business groups are asking state lawmakers to allow higher deductions — especially for sectors like hospitality
Rush Street Gaming announces general contractor for Portsmouth casino
Va. Beach's S.B. Ballard Construction will work on $300M project in joint venture
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Rush Street Gaming, the developer and gaming operator for the upcoming $300 million Rivers Casino Portsmouth, announced Friday it has chosen a joint venture between Virginia Beach-based S.B. Ballard Construction Co. and Philadelphia, Mississippi-based Yates Construction as the resort casino’s general contractor. Ballard and Yates will construct the 400,000-square-foot casino, which will include a hotel,