Three Casinos Contending to Have Richmond Casino: The City Mayor Gathering Insight Form Past Mistakes

A ballot referendum could be held by Richmond next November requesting for native and local voters’ opinion whether they want a single casino-resort in the locality. Three companies have already informed Richmond that they are highly interested in installing a casino-resort in the capital of Virginia. One of these three companies in the Pamunkey Indian Tribe. This company is building a five hundred million casino-resort in Norfolk with a billionaire named Jon Yarbrough.

Three Casinos Contending

Revolutionary Racing is a Chicago-based company that owns and runs the Colonial Downs Racing track and Gaming Emporiums of Rosie’s all across the Commonwealth. The company has recently revealed its desire to attain that permit of Virginia Casino. One Inc. is a mass traded conglomerate and has its headquarter in Maryland. It says in its mission statement that its goal is to become the most reliable source in all over the communities of African-American that entertains, informs, and inspires. One Inc. is the third company that longs for having the Virginia Casino.

Richmond requested all the residents of the City this month to join and complete a virtual survey with their own intel about the prospects of a potential casino-resort. However, constituents said tax revenue for the regional schools and good salary providing jobs is the most crucial financial benefits of approving a casino to be built in the town.

Though Richmond is the home of a few Fortune 500 firms, it has downgraded on critical times. In 2016, approximately one among the four city inhabitants lived beneath the line of poverty. The story of Richmond has verisimilitude with a lot of other place’s stories. The city runners have been trying to mitigate this distressing condition of the city for a long time. Lever Stoney, the mayor of Richmond believes that a casino can evoke the financial spark the capital needs right now.