A significant vote in support of a planned $1.4 billion Live! Casino Resort in Petersburg, Virginia, has created history. The project received the highest approval rate for a casino referendum in the history of the state, with over 80% of the city’s citizens voting in favor. The Cordish Companies and Bruce Smith Enterprise will collaborate on the project, and work is scheduled to start as soon as the vote is certified and the required permits are obtained. It is anticipated that the casino’s first phase would open in 2026.
Community Support and Economic Impact
Bruce Smith Enterprise Owner and Pro Football Hall of Fame member, Bruce Smith, expressed his gratitude for the overwhelming support from the local community. “We are deeply gratified by the community’s affirmation of this project and very hopeful about the meaningful impact it will have on the city’s future,” Smith said. He emphasized the positive economic ripple effect the casino would have, creating well-paying jobs, boosting local businesses, and attracting visitors from across Virginia and beyond.
Smith also highlighted that the casino will play a pivotal role in the revitalization of Petersburg, which has faced economic challenges in recent years. The project is expected to serve as a catalyst for significant growth, enhancing the city’s long-term prospects.
Petersburg Mayor Sam Parham also praised the approval, calling it a “significant milestone” for the city. “The approval of the destination resort and casino in Petersburg marks a significant milestone for our City. Voter approval follows a three-year journey on this transformative project that will bring positive change to Petersburg for generations,” Mayor Parham stated.
It is anticipated that the project will be the biggest tourism and economic development in the history of the city. The casino’s first phase will include a 15-table poker room, 1,000 slot machines, 23 live-action table games, and a number of dining options. Along with the casino, the larger development will also include lodging, dining options, and event venues with the goal of making Petersburg one of Virginia’s top tourist destinations.
In order to guarantee the project’s success and bring significant growth to the neighborhood for years to come, city authorities are thrilled to work with Bruce Smith Enterprise and The Cordish Companies.
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