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Rivers Casino Portsmouth generates $250M in revenue, $15M in city taxes in first full year

PORTSMOUTH — In its first full year of operation, Rivers Casino Portsmouth has generated nearly $250 million in gaming revenue, providing the city of Portsmouth with more than $15 million in tax revenue to beef up its coffers. The casino opened its doors last January to much fanfare as thousands braved a cold Monday morning echoing chants of “Let us in!” It marked the first casino in Hampton ...
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Source: yahoo.com

Hampton Roads career military veterans have more stability to be entrepreneurs, economist says

In a region that is dependent upon defense spending, economist Robert McNab suggests diversifying the economic base is essential to accelerating growth. Driving the metaphorical car into the next decade of economic growth, he said, are career military veterans interested in starting a business.
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