CDI and its joint accomplice City One have been chosen because the Metropolis of Richmond’s most well-liked on line casino companions, however opposition to a on line casino within the metropolis stays. [Image: Shutterstock.com]
Churchill Downs Included (CDI) and its joint accomplice City One have been chosen because the Metropolis of Richmond’s most well-liked on line casino accomplice. This partnership nonetheless wants approval from the Virginia Lottery Division, in addition to a neighborhood referendum.
$562m on line casino and leisure venue
CDI is hoping to develop a $562m on line casino and leisure venue within the metropolis. Richmond gained the flexibility in 2020 to have a on line casino to assist with financial improvement, however native opposition has led to delays.
CDI is the proprietor of the famed Churchill Downs Racetrack, which hosts the Kentucky Derby. It additionally has many different racing and on line casino properties beneath its umbrella throughout the US.
Senator Joe Morrissey is likely one of the predominant opponents to the plan and is asking locals to vote towards a on line casino venture as soon as extra. The earlier referendum on such a on line casino venture in November 2021 was shut, with residents in favor of a on line casino narrowly dropping, 51%-49%.
Whereas City One and Peninsula Pacific Leisure have been the companions for that specific venture, CDI acquired nearly all of Peninsula Pacific for $2.5bn final 12 months. The Kentucky-based racing and on line casino firm is seeking to increase its presence within the regional playing sector.