A court has apparently informed the Virginia city of Richmond that it may take a 2nd run at persuading local citizens right into enabling radio broadcaster Metropolitan One to bring a $600 million casino hotel to a 100-acre plot of obsolete land.
Inning accordance with a Monday record from the Richmond Times-Dispatch paper, Richmond City Circuit Court Judge Reilly Marchant the other day endorsed a January move from the Richmond City Council that's to see the community hold a referendum this fall on whether to license the building of the visualized One Casino and Hotel.
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Virginia legislators apparently passed regulations in April of 2020 that gave Richmond as well as the nearby neighborhoods of Norfolk, Danville, Bristol and Portsmouth consent to hold Las Vegas-style gambling centers as long as their local populaces concurred through individual referendums. The scheme for ‘River City' was to have supposedly seen Metropolitan One companion with location racetrack driver Peninsula Pacific Entertainment so as to bring the One Casino and Hotel complete with a 90,000 sq feet casino, a sportsbook and a 3,000-seat home enjoyments location to a southside parcel of land presently owned by Philip Morris Worldwide.
Missed out on minute:
However, the paper reported that Richmond citizens beat this proposal in November by a slim 49% to 51% margin to leave the community of some 227,000 individuals as the single participant of the five-strong club of Virginia cities to lose out on the chance of holding a casino hotel. Challengers supposedly revealed concerns as such a center could exacerbate local gambling dependency, hardship and criminal offense concerns and possibly not generate the anticipated $500 million in ten-year tax obligation benefits.
Ensuing exercise:
Undeterred and the paper reported that the Richmond City Council passed a measure by a practically unanimous margin in January that would certainly see the casino question put to local citizens momentarily time. Advocates of this regulations consisted of Richmond mayor Levar Stoney, that supposedly mentioned last November's firmly objected to outcome and the loss of approximately $30 million in forecasted yearly tax obligation incomes as his factors for looking for a 2nd ballot.
