Urban source chosen to build Richmond casino resort

The city’s resort casino evaluation panel recommended ONE Casino + Resort move from the proposed site on Walsley Boulevard in South Richmond to the city’s preferred casino game operator. The evaluation panel’s recommendation is supported by Mayor Stony.

“ONE Casino + Resort presents a tremendous opportunity to develop a resort casino project in Richmond,” said Mayor Reba Stoney. “This project will create more than 1,000 well-paid jobs, generate significant amounts of new revenue for the city, and establish an additional economic engine in South Richmond. I review these proposals and applaud the work of the evaluation committee that has engaged the entire city during this project.”

ONE Casino + Resort was proposed by Urban ONE in partnership with Peninsula Pacific Entertainment. Urban ONE is a publicly traded integrated media company. Peninsula Pacific Entertainment owns and operates several casinos and Logis Gaming Emporiums in Virginia.

“One is thrilled that the Richmond Casino Selection Board has chosen the best projects with the best locations and best teams to develop a global entertainment destination on the South Side of Richmond,” said Alfred Riggins, UrbanOne’s CEO. “UrbanOne and our diverse group of local investors are fully committed to sharing profits for our employees, a path to a successful career, and generating significant new tax revenues to improve Richmond’s schools and community programs and infrastructure.”

The evaluation panel made recommendations based on factors including project feasibility and sustainability, proposed location, economic development impact, financial revenue impact, and community benefits. 메이저 토토사이트

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