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Virginia Business Reporting that the Bally’s Casino No Longer in the Running

There are only two casino options now on the table.

Published

6 years ago

on

Caught this news this morning on Virginia Business:

The city of Richmond has cut the $650 million Bally’s casino proposal from consideration, leaving two competitors, the mayor’s office announced Wednesday morning.

The Live! Casino & Hotel proposal by The Cordish Cos. and ONE Casino and Resort, proposed by Radio One Inc., are the only two options now being considered by an evaluation panel named by the city.

“We appreciate Bally’s interest to develop a resort casino project in Richmond,” Leonard Sledge, director of the city’s Department of Economic Development, said in a statement.  “The evaluation panel is no longer considering the Bally’s project or the Parkway Crossings site for a resort casino due to concerns about site access, environmental factors and required approvals from non-city entities that may not be granted or extend the project timeline. We also appreciate the many Richmond citizens who have shared their thoughts throughout this process.”

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