Bally’s unveils proposal for new casino and sportsbook in Virginia
Bally’s a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, has submitted a proposal to the City of Richmond to develop and operate the “Bally’s Richmond Casino Resort,” a world class, destination resort, hotel and casino.
The project, which will span more than 1.6 million total square feet, will include a casino, sportsbook, hotel, resort-style pool, dining and retail outlets, and a flexible space for live entertainment and conferences.
Soo Kim, Chairman of Bally’s Corporation’s Board of Directors, said, “As a former director and the largest shareholder of Richmond-headquartered Media General, I have a strong interest in the growth, development and success of this great city.
I am grateful for the opportunity to present this project to the City of Richmond, which will not only generate hundreds of millions of dollars in revenue, but, more importantly, thousands of high paying jobs. The project also demonstrates Bally’s deep commitments to supporting local communities, partnering with local businesses and promoting diversity.”
“We are honored about the prospect of partnering with the City of Richmond as it embarks upon this exciting and unique adventure,” said George Papanier, President and Chief Executive Officer of Bally’s Corporation. “Our proposal represents an unprecedented project for the Richmond community that will embrace and showcase the city’s existing culture and traditions in an environment positioned towards entertainment and leisure. The Bally’s Richmond would provide the city with a vibrant new attraction that is sure to turn Richmond into a dynamic tourist destination.”