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Casino coming to Jax?

Casino coming to Jax?
metrojacksonville.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metrojacksonville.com Daily Mail and Mail on Sunday newspapers.

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Richmond Casino Panel Thumbs-up Urban One Proposal

May 21, 2021, 9:56 am
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The $600 million ONE Casino + Resort project promoted by media company Urban One and Colonial Downs has been recommended by a special casino advisory panel to move forward for consideration by the Richmond City Council and residents of the Virginia city, news emerged Thursday.
If city leaders approve the proposal, it will then need to be approved by voters in a citywide referendum in November. If it gains a majority of yes votes, the hotel and casino resort will be the first black-owned gambling complex in the country.
Based in Maryland, Urban One is a media conglomerate focused on urban content. The company owns and operates 55 radio stations around the US and the TV One cable network. ....

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Live! Casino & Hotel Richmond Reaches One of the Largest Minority Equity Investments in Virginia's History

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RICHMOND, Va., May 12, 2021 /PRNewswire/ The Cordish Companies announced today a historic achievement in providing opportunities for generational wealth building for Minority communities. The Company, along with its 50% Minority partnership team led by prominent Virginia businessman and Pro Football Hall of Fame legend, Bruce Smith, shared it has achieved $180 million in direct Minority investment for the proposed $600 million Live! Casino & Hotel Richmond resort. The Company will also be offering additional investment opportunities for small, Richmond-based Minority companies and individuals to participate in the project. With a combined $360 million of equity investment in the project, Live! will carry half the debt of the competing proposal and ensure the financial viability and success of the development. ....

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Richmond uploads new information sheets on casino proposals

Richmond uploads new information sheets on casino proposals
Live! Casino & Hotel Richmond and ONE Casino + Resort. (Source: Richmond City Government)
By NBC12 Newsroom | May 7, 2021 at 3:06 PM EDT - Updated May 7 at 7:29 PM
RICHMOND, Va. (WWBT) - The City of Richmond has updated information sheets online about the two casino proposals being considered.
The information sheets up have new and amended information to the original proposals by Live! Casino & Hotel Richmond and ONE Casino + Resort.
The Resort Casino Evaluation Panel is now going into the negotiation phase of the evaluation process.
The plan is for the panel to make a recommendation to Mayor Levar Stoney by the end of May. ....

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Richmond uploads new information sheets on casino proposals

Richmond uploads new information sheets on casino proposals
Live! Casino & Hotel Richmond and ONE Casino + Resort. (Source: Richmond City Government)
By NBC12 Newsroom | May 7, 2021 at 3:06 PM EDT - Updated May 7 at 7:29 PM
RICHMOND, Va. (WWBT) - The City of Richmond has updated information sheets online about the two casino proposals being considered.
The information sheets up have new and amended information to the original proposals by Live! Casino & Hotel Richmond and ONE Casino + Resort.
The Resort Casino Evaluation Panel is now going into the negotiation phase of the evaluation process.
The plan is for the panel to make a recommendation to Mayor Levar Stoney by the end of May. ....

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