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The Virginia Home of Delegates has given preliminary approval to Petersburg’s on line casino referendum laws and has handed the invoice on to its last vote.
The ultimate vote is predicted to happen on Tuesday, which serves because the cut-off level for the Home and Senate to take motion on their very own payments earlier than contemplating payments from the other chamber.
A Senate companion invoice failed by one vote final week within the Senate Finance & Appropriations Committee. Nonetheless, not like the state Senate, Republicans management the Home. Which means Tuesday’s last vote could possibly be in favor of the invoice.
The proposed laws would enable Petersburg to carry a vote in November on the opportunity of establishing a on line casino within the Wagner Street space. Moreover, it could stop Richmond, which was the one one of many authentic 5 cities to reject such a vote in 2020, from conducting one other poll.
Petersburg is advocating for a on line casino as a result of potential financial advantages it could convey to the world. Town additionally contends that since Richmond’s referendum was defeated, it’s now Petersburg’s flip to carry a vote.
In 2020, the Virginia Normal Meeting permitted the legalization of on line casino playing in 5 cities. The identical yr, voters in Norfolk, Portsmouth, Danville, and Bristol permitted the operation of casinos. Nonetheless, Richmond voters rejected a $650 million on line casino resort proposal by City One in 2021. This rejection, brought on by deceptive details about the venture in keeping with Richmond leaders, sparked Petersburg’s curiosity within the on line casino trade.
For the reason that legalization of casinos, solely the Laborious Rock Bristol has opened its doorways to the general public.
Reporter & playing trade analyst overlaying the land-based and on-line on line casino trade in the USA.
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