City of Richmond names three finalists for new casino resort

| By Marese O'Hagan
The City of Richmond, Virginia’s mayor’s office has announced three finalists in the bid for a resort casino development.

The office named Bally’s Richmond Casino Resort, Live! Casino & Hotel Richmond and One Casino + Resort as chosen by the City’s Evaluation Panel, citing their “powerful proposals” and “thorough financial and operational analyses”.

The City Council’s Evaluation Panel will now begin negotiations with the finalists, with a target of recommending an approved operator and site to Council in mid-to-late May. If this recommended operator is selected by City Council, residents will vote on its proposal in a referendum. If approved in that vote, the casino may be built.

Read the full story on iGB North America.

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