The $562.5 million ONE Casino + Resort project involves building a 250-room hotel, a 3,000-seat entertainment venue, and restaurants, as well as a casino and will be jointly operated by Churchill.
The casino property is estimated to generate $29.7 million yearly. If the measure goes to the November vote and is approved by the voters, the agreement with Richmond City Council stipulates that the develop is immediate.
“I feel really good,” Mayor Stoney commented. “I feel really optimistic about what November may hold,” he added. If Morrissey’s attempts to block the measure fail, it would still have to be approved by both the Virginia Lottery and Richmond Circuit Court before it is put on the November ballot.
The casino property is estimated to generate $29.7 million yearly. If the measure goes to the November vote and is approved by the voters, the agreement with Richmond City Council stipulates that the develop is immediate.
“I feel really good,” Mayor Stoney commented. “I feel really optimistic about what November may hold,” he added. If Morrissey’s attempts to block the measure fail, it would still have to be approved by both the Virginia Lottery and Richmond Circuit Court before it is put on the November ballot.