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Both leaders confirmed Friday that the finances compromise would delay state licensing of a casino project in Richmond for a yr, but not a second referendum. He promised to propose laws in the General Assembly subsequent yr 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 city management by rejecting the project by a narrow margin final fall. Mayor Levar Stoney and the Richmond City Council determined in January to seek a second referendum, which the state legislation neither prohibited or expressly allowed. On Nov. 2, Richmonders narrowly voted against a South Side on line casino and resort growth 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 officers hope will provide millions of dollars in tax income.
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