Comstock shares plans to develop casino in Reston, Virginia

September 27, 2023
By

The development will need a vote from both the Virginia General Assembly and locals to change legislation about the locations of gaming venues permitted in the state.

Real estate company Comstock is seeking to develop a casino in Reston, where it owns 80 acres of land near the Wiehle-Reston East Metro station.

However, Virginia law currently permits gambling in five cities and has opened casinos in Bristol, Portsmouth and Danville, with a pending Norfolk casino and a Richmond development on the upcoming November ballot. 

According to local reports, Comstock has shared plans with ‘several local officials.’ However, the Virginia General Assembly, as well as local voters must approve the operation of a casino in Fairfax County.

State Senator Dave Marsden and State Delegate Wren Williams both attempted to introduce bills in January this year which would make any county in Virginia with over one million residents eligible to apply for a casino gaming venue. Fairfax County is the only one that meets this population requirement.

The legislation also stated that the proposed casino site must be within one-quarter mile of an existing Metro Silver Line station, part of a coordinated mixed-use development, outside the Dulles International Airport flight path and outside the Interstate 495 Beltway. Neither bill was moved forward, but if Marsden is re-elected he plans to reintroduce his legislation.

State Senator Jennifer Boysko, who is currently campaigning to represent Reston, Herndon, Great Falls and McLean, has said that she is “aware that Comstock would like a casino at the Reston station" but is “strongly opposed.”

In August, the Virginia Lottery released revenue data for its three casinos, which brought in $55.1m. Since two of the state’s three casinos opened in 2023, there is no year-on-year data on which to reflect.

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 #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
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.

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.