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Both leaders confirmed Friday that the price range compromise would delay state licensing of a on line casino project in Richmond for a year, however not a second referendum. He promised to propose legislation in the General Assembly next 12 months to let Petersburg apply for a license to develop and operate a casino, subsequent to completion of the JLARC examine. But Richmond voters stunned the on line casino partnership and metropolis leadership by rejecting the project by a slender margin last fall. Mayor Levar Stoney and the Richmond City Council decided in January to hunt a second referendum, which the state regulation neither prohibited or expressly allowed. On Nov. 2, Richmonders narrowly voted in opposition to a South Side on line casino and resort improvement proposed by Urban One. Bally’s is bringing Chicago its first and solely casino in what is anticipated to be a $1.7 billion project that metropolis officials hope will provide millions of dollars in tax revenue.
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