A group of casino proponents and developers conceded defeat in a bid to create a $562 million facility in the capital city of Richmond, Virginia.
The Richmond Grand Resort and Casino, a planned 250-room, 55-acre facility, was expected to create 1,300 sustainable jobs and $30 million in local tax funding. This is the second time that plans for a casino in Richmond have failed to garner enough support from voters.
Only locals in the eighth and ninth districts, the areas closest to the targeted build site, gave majority support to the idea. The casino project fell roughly 13,000 votes short in totality.