Urban One remains willing to develop casino resort

Urban One's desire to own a casino resort is unwavering.

In Richmond, the company intended to construct an integrated resort casino valued at over $500 million. However, the citywide ballot referendum required to approve the project was twice rejected by voters in the capital of Virginia.

By a slim margin of 51% to 49%, Richmonders rejected Urban One's 2021 casino proposal. Last month, the public turned down an identical Urban One proposal once more, but
 
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