Virginia is among the nine states in the US that have no lottery commercial or tribal casino. However, that is about to change; the state lawmakers are prepared to push for the establishment of a commercial casino.
Some state lawmakers believe that it’s time to embrace casino resorts mainly due to revenue that will be generated plus the creation of thousands of jobs. Thus, Virginia lawmakers have the best chances of passing a casino or even sports betting legislation. Democrats who support the establishment of casinos are the majority in both houses. The General Assembly will resume another 60-day session on 8th January.
Casinos Locations
According to Casino.org, a bill was signed into in 2019 by Governor Ralph Northam, permitting the construction of casinos in five cities across Virginia. They include: Bristol, Danville, Portsmouth, Richmond, and Norfolk. The locations were selected based on the undefined belief that they are best at bringing revenue to the state.
An analysis by the state’s Joint Legislative Audit and Review Commission (JLARC) found that casinos in the named cities could generate $260 million annually and employ roughly 5,000 people. Conversely, establishing a casino in Northern Virginia would inject $155 million annually and employ 3,200 people. This because the region is densely populated and also wealthy.
Horse Racing Concerns
Virginia started departing from its traditional stance on gambling in 2018 when governor Northam signed a bill allowing the establishment of horse racing machines in the state. Four revolutionary racing tracks were built at pari-mutuel parlors at Vinton, New Kent, Richmond, and Hampton.
However, Colonial Downs COO Aaron Gomes believes that permitting a casino in the state capital will be devastating to the business. He further stated that he isn’t against a casino in Virginia, but opposes a move that will seek to encroach Colonia gaming venues.
