CDI and its joint companion City One had been chosen because the Metropolis of Richmond’s most popular 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 companion City One have been chosen because the Metropolis of Richmond’s most popular on line casino companion. 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 power 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 without doubt one of the principal 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 shedding, 51%-49%.
Whereas City One and Peninsula Pacific Leisure had been the companions for that individual venture, CDI acquired the vast majority 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.