Portsmouth city officials have confirmed that the city has inked a partnership agreement with Rush Street Gaming to develop a casino in the city.
As per the terms of the agreement, Rush Street Gaming has already been allowed to develop a casino in the city, exclusively. It was also revealed that the city officials have confirmed the plans to develop an entertainment district at the Victory Village site.
Expressing content and excitement at the deal, city Mayor John L. Rowe said that the company has over twenty years of experience in the gaming industry and that it “understands the city’s vision for the development of an integrated Entertainment District.”
The casino gambling operator was chosen above others because it considers the priorities of the local community and because it would be engaged with helping some non-profit organizations as well.
However, before the casino is to e developed, Virginia lawmakers have to approve the project following which the Portsmouth referendum would take place.
The process is not easy as the state along with its gaming partner would have to prove that the new gambling facility would not negatively impact the region following which, a study aimed at measuring the impact that gambling has on the state of Virginia is set to be officially announced by a state committee.