Richmond administration officials picked a company to build a casino. Now it’s up to the City Council to decide whether the deal is good enough to let residents vote on
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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.
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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