Petersburg, Virginia to ask for casino referendum in 2024

November 23, 2023

After Richmond lost its chance, a new city is vying for one of five possible host city opportunities for a casino in Virginia.

The Petersburg, Virginia city council plans to bring a gambling resolution to the voters in the city by 2025. After the city of Richmond voted no on a second referendum for its possible casino, Petersburg wants to claim one of five possible casino locales in Old Dominion.

City officials in Danville have reported that after its Caesars casino opened in May this year, a gaming revenue of $107.9m has been generated, which has led to $6.5m for Danville’s city tax revenue. Bristol’s Hard Rock casino has also brought in $215.7m since opening in July 2022.

Peterburg’s city council legislative request says, “In light of Petersburg's status as a distressed locality, advancing a casino could provide significant economic relief, like the benefits experienced by Danville and Bristol.

“This venture could offer residents employment opportunities that surpass the current median household income of roughly $44,000 per year and individual income of about $26,000 per year.”

Petersburg was previously out of the running as a possible Virginia casino destination, as casinos are only allowed to operate in five of the state’s cities, and legislative battles with Richmond led to it proposing a $562m casino instead, only for Richmond voters to oppose it by 61%.

Potential casino host cities currently have certain poverty and tax exemption requirements for a city of over 200,000 residents, and Petersburg wants the Virginia General Assembly to eliminate these, which would make Richmond inviable as a casino destination in future.

Bristol, Danville and Portsmouth currently have operating casinos, with considerations going to Norfolk and Reston as well.


Product Spotlight


Things get unruly in the company of some fleecy characters in the new Konami Gaming’s new Unwooly Riches slot series.

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!

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.

Five years ago, before the mass proliferation of social media we see today – and even before the Covid-19 pandemic – I think you would be hard pressed to find a CEO talking about “Instagrammable moments.” KPIs w...

The Global Gaming Awards: Looking ahead to 2024's ceremonies.
After more than a decade of celebrating gaming's best, Gaming America looks ahead to a bright 2024 for the Global Gaming Awards in the Americas and Asia-Pacific.
From the top: The Indian Gaming Tradeshow & Convention
Tribal gaming is a uniquely American institution and all its uncommon attributes were on display this April at the Indian Gaming Tradeshow & Convention in Anaheim, California.
Review: Terre Haute Casino Resort and Harrah's Hoosier Park Racing & Casino
Terre Haute Casino Resort vs. Harrah's Hoosier Park Racing & Casino, Gaming America's Laura Mack reviews each property.
Eureka Casino interview: CEO Andre Carrier on resort expansion
We spoke with returning guest, CEO Andre Carrier, about Eureka Casino Resort's expansion. He aims to not only change the look and feel of the casino, but to also build residential housing around it.