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Thread: Virginia on Verge of Legalizing Casinos

  1. #1
    There is legislation working its way through the Virginia General Assembly that would legalize land based casinos, possibly online casinos, land based sports betting, and online sports betting. There were nearly 20 competing gambling bills. Most of those have rolled into SB 36 which has been referred the Finance Committee. Upon its expected approval there it will go to the Senate floor where it has bipartisan support.

    The bill would allow one casino gaming license in 5 cities. Bristol, Danville, Norfolk, Portsmouth, and Richmond
    The bill was amended to allow "open competition" in Richmond as there are two groups that want a casino there and city officials do not want to choose between the two.

    Bristol
    Hard Rock has proposed a casino there. This proposal has the support of local politicians.
    Eastern Cherokee/The Pinnacle have propsed a casino there as well. Legislation seems to be favoring Hard Rock currently.

    Danville
    No proposed operators yet.

    Portsmouth
    The City of Portsmouth has been pushing for a casino for years to boost their economy. Their state senator is the patron of SB 36
    The city has already partnered with Rush Street Gaming and has plans for the construction of an Entertainment District and a casino.

    Norfolk
    The Pamunkey Tribe has announced plans for a casino resort in Norfolk. They have already signed an agreement to purchase some city land near the Elizabeth River.

    Richmond
    The Pamunkey Tribe announced plans for $350 million resort and casino in south Richmond. They have already purchased the land where it will be built. City Council voted in support of a casino, but has a few more questions before giving a full green light.
    Colonial Down Group/Rosie's Gaming Emporium has estimated it will lose 45% of its "historic horse racing" slot-like machine revenue if a casino is allowed. They wish for a gaming license so they can compete.
    I am not sure if the amendment to the bill for "open competition" in Richmond means two gaming licenses can be granted in Richmond.

    If the bill passes and is signed into law, each city will have a voter referendum to approve of a casino in their respective city. That will likely easily pass. In all 5 cities.


    Game of Skills
    In recent years slot-like "game of skill" machines have popped all over the state in bars and convenience stores. These machines are unregulated currently. Only allowed due to legal loopholes. Legislation has been advancing to ban these machines, but many including Governor Northam are calling for regulation and keeping them.

    It will be interesting to see how this all plays out.

    https://www.heraldcourier.com/news/l...mpression=true

  2. #2
    Originally Posted by radicalwin View Post
    There is legislation working its way through the Virginia General Assembly that would legalize land based casinos, possibly online casinos, land based sports betting, and online sports betting. There were nearly 20 competing gambling bills. Most of those have rolled into SB 36 which has been referred the Finance Committee. Upon its expected approval there it will go to the Senate floor where it has bipartisan support.

    The bill would allow one casino gaming license in 5 cities. Bristol, Danville, Norfolk, Portsmouth, and Richmond
    The bill was amended to allow "open competition" in Richmond as there are two groups that want a casino there and city officials do not want to choose between the two.

    Bristol
    Hard Rock has proposed a casino there. This proposal has the support of local politicians.
    Eastern Cherokee/The Pinnacle have propsed a casino there as well. Legislation seems to be favoring Hard Rock currently.

    Danville
    No proposed operators yet.

    Portsmouth
    The City of Portsmouth has been pushing for a casino for years to boost their economy. Their state senator is the patron of SB 36
    The city has already partnered with Rush Street Gaming and has plans for the construction of an Entertainment District and a casino.

    Norfolk
    The Pamunkey Tribe has announced plans for a casino resort in Norfolk. They have already signed an agreement to purchase some city land near the Elizabeth River.

    Richmond
    The Pamunkey Tribe announced plans for $350 million resort and casino in south Richmond. They have already purchased the land where it will be built. City Council voted in support of a casino, but has a few more questions before giving a full green light.
    Colonial Down Group/Rosie's Gaming Emporium has estimated it will lose 45% of its "historic horse racing" slot-like machine revenue if a casino is allowed. They wish for a gaming license so they can compete.
    I am not sure if the amendment to the bill for "open competition" in Richmond means two gaming licenses can be granted in Richmond.

    If the bill passes and is signed into law, each city will have a voter referendum to approve of a casino in their respective city. That will likely easily pass. In all 5 cities.


    Game of Skills
    In recent years slot-like "game of skill" machines have popped all over the state in bars and convenience stores. These machines are unregulated currently. Only allowed due to legal loopholes. Legislation has been advancing to ban these machines, but many including Governor Northam are calling for regulation and keeping them.

    It will be interesting to see how this all plays out.

    https://www.heraldcourier.com/news/l...mpression=true

    Bristol is 30 miles up the road from me. The maneuvering is going to be very interesting. The original agreement was for Hard Rock to build within Bristol (VA) city limits. The city of Bristol (VA) is more or less broke while on the other side of the street, Bristol (TN) has money. Well, the Cherokee tribe also has money, and their proposed site is technically not in the Bristol (VA) city limits, so that could possibly squeeze the city out of the revenue stream while opening it up to the county.

    I would not consider the Cherokee much of an underdog to Hard Rock. I think they may have the leverage to get things rewritten. Cherokee Casino in Cherokee, NC is similar to Pechanga in California. Nice place, constantly expanding. The Cherokee also became chief sponsors of the sports arena in Asheville, NC, about halfway between Cherokee Casino and Bristol. They appear to have money to burn.

  3. #3
    We'll see how it plays out. Latest news is it advanced out of the Finance Committee last evening and is heading for a vote on the full Senate floor. Some changes were made in the Finance committee. A compromise was inserted back in allowing Colonial Downs to add 2,000 hhr slot-like machines. The tax was also raised back to 27%. These items could change in conference as it is likely the House of Delegates and the Senate will pass slightly different versions. No conference though if they pass the same version of the bill.
    Haven't read the new version passed last night yet.

    https://www.wavy.com/news/politics/v...mpression=true

  4. #4
    The House version has advanced out of committee and is heading to the House floor. The Senste will vote on their version Monday. The House will vote on their version.

    The sports betting also seems to be advancing.

  5. #5
    when you mention games of skill are you referring to the pinball machines like texas tea and cleopatra?

  6. #6
    No, just these
    Wish they had the ones you mentioned.

    Big news so far today. Similar bills have passed the House and Senate that will legalize retail and online sports betting. Part of the bill would allow retail sports betting at a stadium "not yet built." Dan Snyder wants a sportbook license if he builds a new Redskins stadium in Virginia.

  7. #7
    Originally Posted by radicalwin View Post
    No, just these
    Wish they had the ones you mentioned.

    Big news so far today. Similar bills have passed the House and Senate that will legalize retail and online sports betting. Part of the bill would allow retail sports betting at a stadium "not yet built." Dan Snyder wants a sportbook license if he builds a new Redskins stadium in Virginia.
    I'll assume that if you hit the preview button and it shows a winning combination on the next spin (two of the same symbol on the same line as a different symbol), that you either cannot raise your bet size prior to the next spin or that you can but the reels also are re-initialized and the preview button is greyed out for the next spin on the new bet size (i.e. it is not greyed out if the next spin is the same bet size as the most recent spin, but otherwise is greyed out).
    Last edited by tableplay; 02-10-2020 at 11:56 AM.

  8. #8
    You can change your bet after hitting the next button. There is a different next button result for each game and bet level. You can cycle through them like Scarab or GE.
    Won $62 at a gas station that way.
    They are about to ban them. A bill advanced to its 3rd reading.
    Casino legalization also advanced to its 3rd reading in the House. Full vote tomorrow.

  9. #9
    Latest news: Virginia House of Delegates passed a bill today legalizing casinos. Senate is currently discussing their version as they prepare to pass it.
    It also appears they will ban the unregulated games of skill

  10. #10
    ...........................




    I live very close to Northern Va.

    for years I greatly respected their decision not to allow casinos despite all the competitive pressures to do so

    yes, I've been and am a gambler but I believe the increasing immediate availability of casinos to almost every American is overkill

    lots of people are going to get hurt by this - I'm aware of all the pros and cons of the various arguments

    I'm very sorry to see Va. go this route
    Of course what I'm saying is true. I saw it ON THE INTERNET.

  11. #11
    Those people "who will get hurt" already blow all their money on the lottery. At least they'll have better odds, get better entertainment, and get comped a hot meal now instead of walking out of 7-eleven hungry and broke.

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