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Richmond, VA Enters New Stage in Casino Selection Process

May 10, 2021, 10:05 am
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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. ....

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Cyprus Casinos Closes All Casinos as New Virus Cases Surge

Cyprus Casinos Closes All Casinos as New Virus Cases Surge
December 17, 2020, 10:51 am
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Cyprus Casinos, the Republic of Cyprus-based subsidiary of gaming and hospitality giant Melco Resorts & Entertainment, has suspended operations at all of its casinos across the island nation as Covid-19 cases have spiked at an alarming rate over the past month.
In a message on its website, the casino operator informed its customers that it has temporarily suspended its operations
“according to the government directive.” Cyprus Casinos has not announced a reopening date for its gambling venues.
The company was formed after its parent organization, Melco, won in 2016 the right to build a multi-million integrated casino resort in the Cypriot city of Limassol and open and operate four satellite casinos in four other cities around the tiny Mediterranean island nation. ....

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