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Prince William targets data center growth
Move over Loudoun County. Neighboring Prince William County could eventually wear the data center crown. Loudoun currently houses the world’s largest concentration of data centers, which cover more than 25
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Appian appoints new chief revenue officer
Christopher Jones was Qlik EVP of worldwide sales
Published
McLean-based cloud computing firm Appian Corp. has named Christopher Jones to serve as chief revenue officer. Jones will lead the company’s sales operations and report directly to Appian CEO Matt Calkins.
Virginia Lottery reports record $3.75B in revenue
Sales up about 15% from FY21
Published
The Virginia Lottery posted record sales of $3.75 billion and a record of almost $779.6 million in profits for fiscal year 2022, the lottery’s board announced Tuesday. Sales increased roughly
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Six Va. companies land spots on Fortune Global 500
McLean-based Freddie Mac earns highest state ranking
Published
Six Virginia-based companies have landed spots on Fortune Magazine’s Global 500 list, which was released Thursday and ranks the world’s 500 largest corporations by total revenue. Walmart Inc. took the
Mars Inc. names new CEO
McLean-based M&M's maker reports $45B in revenue
Published
McLean-based Mars Inc. will have a new CEO in September and the news comes at a time when the privately held global candy and pet food manufacturer is experiencing major
Report: Va. data center projects totaled $6.8B in 2021
Centers made up 62% of state economic development announcements
Published
Data centers are a primary driver of economic growth in Virginia, comprising $6.8 billion or 62% of all major economic investments announced last year by the Virginia Economic Development Partnership,
RIR president to head Henrico sports/entertainment authority
Dennis Bickmeier to start new county job in April
Published
Henrico County officials on Wednesday named longtime Richmond Raceway President Dennis Bickmeier to lead its new sports and entertainment authority. Bickmeier’s last day with the raceway, where he has led for
Virginia ABC reports $1.4B in FY 2021 revenue
Tito's Handmade vodka is top-selling brand
Published
The Virginia Alcoholic Beverage Control Authority (ABC) reported $1.4 billion in gross revenue for fiscal year 2021, up $163 million over the previous fiscal year. It’s the third year in
Va. hotel revenues increased by 178% in May
Lodging industry says "long road ahead" for recovery, however
Published
Virginia hotel revenues for May 2021 increased by 178% compared with May 2020, according to data released Tuesday by STR Inc., a CoStar Group division that provides market data on
Online games made up 21% of Va. Lottery income
Online contests launched statewide last July 1
Published
The Virginia Lottery raked in $436 million from online lottery games between their July 1, 2020, launch and the end of February, making up 21.8% of the state lottery’s total