Latest News

Virginia not to hold casino referendum till 2020

Virginia not to hold casino referendum till 2020Reading Time: 1 minute

 

Virginia’s Senate Finance Committee has approved the proposal of Majority Leader Tommy Norment of not to conduct any referendums on till 2020. A comprehensive study on the impact of casinos in the state will completed by that time.

Norment had proposed that the bill that authorises casinos in Portsmouth, Norfolk, Richmond, Bristol and Danville would not come into effect unless the General Assembly considers and passes it again in 2020. Meanwhile, the Pamunkey Tribe can try to pursue federal approval that would pave the way for a Norfolk casino despite the Assembly’s decision.

“The referendums on casino gaming are going to go ahead of regardless of what the results of any study are going to be, and it makes no sense to me for us to make a very significant policy decision and have a study that is just eyewash,” Norment said.

“We don’t intend to make everybody happy,” Norment said. “I’m not anti-gaming; I just think that the approach that has been offered can be improved in a more deliberate manner,” he said.

The bill also requires casino owners to spend at least US$100 million on their properties. Now it is headed to the full Senate floor for approval.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Virginia not to hold casino referendum till 2020

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

Related Posts

Load More Posts Loading...No More Posts.

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.