Why Richmond On line casino, New Jersey Sports activities Betting Questions Failed


Posted on: November 5, 2021, 12:21h. 

Final up to date on: November 4, 2021, 06:35h.

Election Day 2021 featured two main questions that stood to influence the US gaming trade. However every poll referendum was rejected by voters, which begs the query, “Why?”

Richmond casino Virginia election 2021
City One CEO Alfred Liggins’ (proven above) imaginative and prescient for a on line casino resort in Richmond, Va., was rejected on Election Day. A proposal to develop sports activities betting in New Jersey was additionally defeated. (Picture: On line casino.org)

Whereas On line casino.org doesn’t have all of the solutions, we dug deep to higher perceive why voters in Richmond rejected the $565 million ONE On line casino + Resort proposal for the Virginia capital, and why New Jerseyans opted to not additional develop sports activities betting.

Richmonders Reject ONE On line casino + Resort

Virginia legalized industrial playing final yr by means of a invoice designed to spur financial exercise in distressed cities. 5 cities certified to ask constituents whether or not they assist utilizing a industrial on line casino resort as a method to deliver their city’s new jobs and generate further tax income.

Norfolk, Portsmouth, Bristol, and Danville every handed native on line casino referendums throughout the 2020 election. And all 4 cities did so convincingly.

Richmond opted to attend a yr due to appreciable curiosity from on line casino firms.

The capital finally acquired six bids, together with proposals from nationally identified firms, similar to Golden Nugget and Bally’s. The Cordish Firms and its Dwell! on line casino model additionally bid, as did Wind Creek Hospitality, the Pamunkey Indian Tribe, and City One.

The pitches garnered sturdy suggestions, with extra prosperous communities within the capital area largely opposing a on line casino of their neighborhoods. Race was injected into the matter when flyers opposing the Cordish $600 million blueprint for the historic Scott’s Addition neighborhood have been handed round.

Extra visitors. Larger crime. Decrease high quality of life for us. Inform them to construct it over there,” learn the flyer, which led many to query the place “over there” is.

Richmond, via its Resort On line casino Analysis Panel, finally went with City One, a Black-owned media conglomerate with no expertise working a on line casino or a resort. City One partnered with Peninsula Pacific Leisure, an skilled on line casino operator, to assist information the mission. The $565 million enterprise was set to be constructed subsequent to the Philip Morris tobacco plant, and was to be the primary Black-owned on line casino within the historical past of america.

Richmond residents forged 78,381 votes on the governor’s race. The town gubernatorial vote went vastly in favor of Democratic candidate Terry McAuliffe, who lent his assist to ONE On line casino. The previous governor acquired greater than 77 p.c of the vote in Richmond, however misplaced statewide to Republican newcomer Glenn Youngkin.

As for the on line casino query, 77,823 Richmonders weighed in. Somewhat greater than 51 p.c voted “no” to disclaim City One’s on line casino ambitions.

Analyzing the voting knowledge, nearly all of the “no” vote got here north of the James River the place nearly all of Richmond’s wealthier neighborhoods are situated. Although they nonetheless voted closely Democrat — and backed McAuliffe who endorsed the on line casino — that demographic overwhelmingly went towards the playing initiative.

Regardless of assist from celebrities, together with Missy Elliott and Jamie Foxx, the on line casino query was defeated.

“Considerations have been raised, together with elevated crime, visitors, and doubts that the mission would result in different financial improvement within the space, which is amongst Richmond’s extra impoverished districts,” defined Kate Andrews, deputy editor of Virginia Enterprise.

On social media, many gave their very own opinions as to why ONE On line casino failed.

New Jerseyans Reject Sports activities Betting Enlargement

New Jersey oddsmakers take extra authorized bets on sports activities every month than another state with regulated sports activities wagering. Licensed oddsmakers in New Jersey, each retail and on-line, took virtually $6 billion in sports activities bets in 2020.

To assist New Jersey maintain its front-runner place, trade stakeholders argued that the ban on faculty sports activities betting involving state faculties or going down throughout the state, should be repealed.

New Jerseyans have been offered with the chance to take action on Election Day. However 57 p.c — greater than 1.1 million voters — responded “No” to permitting oddsmakers to take bets on Rutgers, Seton Corridor, Princeton, and different New Jersey-based universities.

One potential concern with lifting the ban might have been that faculty athletes would really feel extra strain and/or face extra scrutiny on social media due to the added consideration and cash concerned,” defined Jane Bokunewicz, director of Stockton College’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism. “That is one thing that skilled athletes have confronted, with some questioning whether or not sports activities betting was a contributing issue.”

Although the gaming trade hoped the sports activities betting enlargement query would cross, political pundits imagine the absence of any actual marketing campaign to get out the message finally led to its failure.

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