City One Rising as Richmond On line casino Frontrunner
Posted on: April 19, 2021, 02:54h.
Final up to date on: April 19, 2021, 05:02h.
City One’s on line casino pitch for Richmond’s potential lone gaming license has emerged because the front-runner of the three remaining bids.
Headquartered in Silver Spring, Md., City One is a media conglomerate invested in tv, radio, and digital that has a mission of being “probably the most trusted supply within the African-American group.” The publicly traded agency has partnered with Peninsula Pacific Leisure, which owns the Colonial Downs Racetrack in New Kent, Va., for its Richmond on line casino ambitions.
ONE On line casino + Resort is a $517 million on line casino scheme that’s discovering favor amongst native residents within the space the place City One needs to construct. Richmond’s eighth District, the place City One hopes to construct the on line casino, is sort of 70 p.c Black and 15 p.c Hispanic.
“The emails, the cellphone calls and texts, they’re all saying they need it,” eighth District Councilwoman Reva Trammell instructed the Richmond Occasions-Dispatch. “They need the roles and to maintain actual property taxes down.”
Trammell added that there’s much less concern amongst her constituents concerning a on line casino of their district as a result of — in contrast to the 2 different on line casino shows — the City One venture isn’t in a residential neighborhood, however on land adjoining to Philip Morris’ headquarters.
Richmond voters will resolve whether or not to authorize a single on line casino license subsequent November by a neighborhood poll referendum. Solely a easy majority is required for business playing to grow to be authorized within the metropolis.
Different Casinos Rejected
The Bally’s Company and Cordish Corporations are the 2 different on line casino operators that had been chosen by Richmond officers as finalists. However their schemes have generated robust backlash from residents within the extra White-occupied neighborhoods they want to construct.
Bally’s is focusing on 61 acres of wetlands close to the Chippenham and Powhite parkways within the Virginia capital metropolis’s 4th District. The district the place Bally’s is planning its $650 million on line casino is 65 p.c white.
Cordish needs to renovate the previous Movieland advanced within the Scott’s Addition neighborhood alongside Arthur Ashe Boulevard right into a $600 million on line casino vacation spot. Scott’s Addition is within the 2nd District, whose residents are 68 p.c white.
Residents within the Stratford Hills space the place Bally’s is have held quite a few public protests just lately.
It’s the flawed place for any type of improvement. It’s wetlands,” Ralph White, a former supervisor of the James River Park System, stated directly such protest. “I personally am not a supporter of casinos in anywhere. But when it’s going to occur, put them in a spot the place they received’t do a lot injury, will hopefully do some assist, and the place individuals help it.”
A neighborhood affiliation in Scott’s Addition instructed Richmond Mayor Levar Stoney in a current letter than 94 p.c of its householders and renters oppose a on line casino on the Movieland property.
“As a result of so lots of our residents really feel strongly that the presence of a big on line casino resort so near our neighborhood could be opposite to the curiosity of the neighborhood, the board of administrators has taken the additional step of formally opposing the location as properly,” a letter from the Ginter Park Residents Affiliation acknowledged.
City One says ONE On line casino + Resort would function a on line casino flooring with 2,000 slot machines, 110 desk video games, and a sportsbook. The resort would include 250 rooms.
Different property of the advanced define embrace a theater, 12 eating places and bars, 55 acres of inexperienced house, and an on-site tv studio and soundstage.
“ONE will probably be an unparalleled tourism vacation spot, attracting guests from all around the nation with its energetic, various choices. Located in an space of Richmond that’s straightforward to get to, however received’t disrupt different extra congested areas, ONE will probably be a tourism magnet for the town,” City One stated.