Virginia sports betting bill

Virginia Getting New Casino and Horse Track

Following a lengthy history of staunch opposition, the state of Virginia seems to be experiencing a shift when it comes to casino-style gambling. The Pamunkey Indian tribe has recently disclosed its plans to build a $700 million casino and resort in partnership with Yarbrough Capital and is currently eyeing a 600-acre property in New Kent County, located just 30 miles east of Richmond. Soon after, another announcement came on the heels of the Pamunkey project: Chicago-based company Revolutionary Racing has struck a $20 million deal to buy Colonial Downs, a closed down horseracing track located just minutes away. Gambling laws…