For the November referendum Richmond selects Urban One South Side Casino

For the November referendum Richmond selects Urban One South Side Casino

A Richmond council of officers has chosen Urban One’s South Richmond Casino Initiative to complete a monthly review of the city’s numerous casino construction proposals casino malaysia. The appraisal panel has decided that the city will no longer approve proposals for a casino on Arthur’s Ashe Boulevards, where Movieland Theatre is currently, while Richmond residents will determine whether to authorise the projects in a referendum on November 2, following approval by the City Council.

Richmond Advisory Panel Chooses to Recommend Urban One's Casino Resort  Project —

Create project 

In a statement, government officers said Mayor Levar Stoney was going to launch proposals to develop a casino on a property owned by Philip Morris USA, which is located close to the intersection of Commerce Street and Walmsley Boulevard, with Urban One in partners malaysia trusted online casino. The project would create over 1,000 well paying jobs, raise substantial new income for the city and set up an additional South Richmond economic driver, Stoney said.

The release states that the assessment team has selected a proposal based on “the viability and profitability of the project, its planned site, its effect on economic growth, its impact on the financial income and its Community benefits.” Urban One expects that in the next decade, the casino project will provide additional tax revenues and other benefits for the region. The enterprise also says that it commits an excess of $55 thousand annually to an average of $15 minimum wage for its workforce.

Public financing or project bonuses.

Urban One is working with the Colonial Downs race track and Rosie’s Gaming Emporiums Peninsula Pacific Entertainment to manage the nearly $600 million Casino that it is preparing to develop. Urban One is deeply committed with our dynamic group of local investors to providing healthy, paid opportunities with the profit-sharing of workers, paths for better employment and substantial new tax revenue that will help develop Richmond’s schools and finance city services and facilities, said Alfred Liggins, Chief Executive Officer of Urban One.

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The black majority

Starting in Late Don Barden, first American casino operador in Las Vegas Urban One will be the first Black majority owner of a casino. The Virginia Legislative Black Caucus in the General Assembly has made minority control of emerging and expanding market possibilities a key objective.

Del. Lamont Bag by D-Henric Caucus President Lamont, said on Thursday as a reaction to minority investment opportunities in the latest casino and weed industries in Virginia: “It’s necessary for the Black peoples to begin to get a slice of the pie in these industries.”

In order to legalise casinos if their respective residents support it in a public referendum, the city asked for the development of plans under a new State legislation authorising Richmond and four other towns — Norfolk, Portsmouth, Danville and Bristol.

At first, Richmond would have had the option of the Pamunkey Indian Tribe’s planned scheme, which also seeks a licence to a casino in Norfolk, and the Peninsula Pacific affiliate, Colonial Downs. But partly because Liggins has raised the question as the owners of four radio stations in the area aimed at a Schwarz audience, the General Assembly tried more than a year ago to expand the market.