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Bet on Gaming Holdings, LLC Launches Brick & Mortar Casino Fund

Bet on Gaming Holdings, LLC (“BOGH”), a private-owned minority and Minority Business Enterprise (MBE) certified gaming and entertainment company,.

Richmond, VA Enters New Stage in Casino Selection Process

May 10, 2021, 10:05 am · The Virginia City of Richmond announced late last week that its Resort Casino Evaluation Panel has entered the next phase of its ongoing casino selection process. The unit has been assembled to assess proposals from companies interested to operate a Las Vegas-style casino resort in the city and recommend a preferred bidder to the Richmond City Council. During its request for proposals process between December and February, the city received six bids. It culled three of the proposed projects in March and eliminated a fourth one in late April. The Cordish Companies of Baltimore and a joint venture between media corporation Urban One and Colonial Downs are the only two offers left in the race for the gaming license.

Golden Nugget Threatens Legal Action Against Richmond for Rejected Bid

A casino proposal from Golden Nugget was one of three bids that the City of Richmond, Va., rejected in March. Now, the casino company is threatening legal action against the Virginia capital. Golden Nugget owner Tilman Fertitta speaks during a meeting with restaurant industry executives at the White House last year. His casino unit is considering a lawsuit against Richmond, Va. (Image: AP) In late March, Richmond Mayor Levar Stone’s office announced that three of the six casino bids for the city’s lone gaming permit had been rejected. Along with Golden Nugget, pitches from Virginia’s Pamunkey Indian Tribe and Wind Creek Hospitality were no longer being considered.

Rejected Richmond Casino Bidder Contemplates Legal Action

May 7, 2021, 7:21 am · One of the rejected bidders in Richmond’s casino race has threatened to sue the Virginia city over its selection process for a preferred developer and operator of a Las Vegas-style gambling resort. Richmond received six bids during its request for proposals process and in late March culled half of them. Casino operator Golden Nugget teamed up with year-old entity Bet on Gaming Holdings LLC to jointly table a project for a $400 million hotel and casino that would have been located about six miles from downtown Richmond. The proposal was one of three rejected by the city in late March.

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