Richmond circuit court judge grants city permission to hold second casino referendum

March 22, 2022
By

The mayor said an additional casino on the southside can address citywide wage gaps and bring about economic equity.

The city of Richmond has been granted permission by its city circuit court to hold a second referendum for the proposed One Casino and Resort this November.

According to an order signed by Judge Reilly Marchant, the same budget proposal voters rejected last fall will be on the ballot again this year. The proposed budget for the project totals $565m.

The Richmond City Council and Mayor Levar Stoney called for another referendum earlier in the year. The council met in January and voted to hold another casino referendum. Katherine Jordan of the 2nd District said that she had misgivings about casino gambling and voted against the motion.

Stoney and several council members have proposed lowering the city’s real estate tax by two cents if voters approve this fall’s project. Councilwoman Stephanie Lynch said she is opposed to the real estate tax cut but instead proposed earmarking a third of all tax revenue from the project for public schools as a resolution.

Mayor Stoney said: “This special economic development opportunity in South Richmond gives the city an additional way to address equity and community wealth gaps. As the city continues to work on diversity, equity, and inclusion, the casino project can assist with leveling the playing field for many Richmonders who continue to struggle during these uncertain and unprecedented times.”

Senator Joe Morrissey said that a moratorium would overrule the judge’s order if the state’s adopted budget included the provision.

“The budget is a law. That law supersedes any city ordinance or court order,” he said.

Stoney said he is hopeful after the court ruling but acknowledged “that this is not the end.”

“We will continue to advocate with the General Assembly to preserve our right to pursue this game-changing opportunity,” Stoney said.

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.
GA HUDDLE #085

Christian Smith - Slot machines a "beautiful intersection of psychology and mathematics"

Bluberi's Christian Smith speaks to Gaming America in an enlightening Huddle. Topics include: the 'Australification' of US gambling, the blending of psychology and mathematics, and the rising trend of three-pot fillers.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.