In Virginia, after narrowing the field of bidders for a resort casino down to three finalists last month, the city of Richmond has now eliminated Bally’s Corporation and its $650 million casino proposal from the shortlist of proposed projects, leaving just two suitors, The Cordish Companies and Urban One, in the running, according to a Wednesday morning announcement from Mayor Levar M. Stoney’s press secretary.
According to the official release, environmental factors, along with concerns regarding site access, and whether or not required approvals from non-city entities would be granted or extend the project timeline, all contributed to the Evaluation Panel’s decision to drop the proposed Bally’s Richmond Casino Resort and the project’s proposed site of Parkway Crossings from further consideration.