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Bally's Corp ruled out in Richmond


In Virginia, after narrowing the field of bidders for a resort casino down to three finalists last month, the city of Richmond has now eliminated Bally’s Corporation and its $650 million casino proposal from the shortlist of proposed projects, leaving just two suitors, The Cordish Companies and Urban One, in the running, according to a Wednesday morning announcement from Mayor Levar M. Stoney’s press secretary.
According to the official release, environmental factors, along with concerns regarding site access, and whether or not required approvals from non-city entities would be granted or extend the project timeline, all contributed to the Evaluation Panel’s decision to drop the proposed Bally’s Richmond Casino Resort and the project’s proposed site of Parkway Crossings from further consideration. ....

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Bally's misses out as City of Richmond cuts casino resort shortlist to two


Bally’s misses out as City of Richmond cuts casino resort shortlist to two
22nd April 2021
| By Robert Fletcher
Bally’s Corporation’s bid to build a new casino resort in the City of Richmond, Virginia has failed after it missed out on the final shortlist of proposed operators for the facility.
Last month, Bally’s Richmond Casino Resort was named alongside Live! Casino & Hotel Richmond from the Cordish Companies and One Casino + Resort from Maryland-based media business Urban One as the three proposals that the City of Richmond was considering to run the casino.
However, after the City Council’s Evaluation Panel held negotiations with the three finalists, it reduced its shortlist of potential operators, with Bally’s missing out on the final cut, leaving only Live! and One Casino + Resort. ....

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