It could also include local investors if the referendum passes. It’s a joint venture between Urban One, a media company, and Churchill Downs, the Louisville-based operator of the Kentucky Derby that also runs gambling establishments across the country. The project - this time branded the Richmond Grand Resort and Casino - would be located on the same former tobacco company site just off I-95 in south Richmond that was identified in the first proposal. Many of the anti-casino signs that dotted the city in recent weeks have emphasized the fact that the city already said “no” once before. The proposal also faced a lesser-funded but organized opposition effort.

The developers returned with a retooled proposal and invested around $10 million into a pro-casino campaign aimed at building support for the project, which has the backing of Mayor Levar Stoney and major area business groups.

(AP) - Voters in Virginia’s capital city are deciding Tuesday whether developers can move forward with a proposed $562 million resort casino along Interstate 95.Ī ballot measure on whether to allow the gambling and entertainment complex is before Richmond voters for a second time, after the city narrowly rejected the proposal two years ago.

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