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State of Play: In a significant move for the local gambling landscape, the Virginia Lottery Board has unanimously approved a gaming license for the Norfolk casino. This decision marks a pivotal step as the casino must now open its doors by Nov. 15 to adhere to state regulations.
The Virginia Lottery Board granted the gaming license to the Norfolk casino following a unanimous vote on Wednesday afternoon. This development enables the casino to prepare for its anticipated opening, solidifying its position in the region’s gaming industry.
With this license in hand, the Pamunkey Tribe Norfolk Resort and Casino can now proceed with its plans to launch the facility by the mandated Nov. 15 deadline.
Norfolk casino will be the fourth in Virginia
This approval is significant for citizens and gamblers in Virginia and nearby states, as it introduces new gaming options in the area, potentially increasing competition and enhancing player experiences. The casino’s opening is expected to stimulate the local economy, creating jobs and bringing in tax revenue for the state. For bettors, this means more venues to choose from, fostering a more dynamic marketplace in the competitive gambling sector.
Norfolk was one of the original five cities in Virginia that lawmakers approved for the establishment of casinos. It will be the fourth to come online. Virginia still does not allow real-money online casinos. And that does not appear to be changing at any point in the future either. Lawmakers and regulators in the Commonwealth of Virginia remain hesitant to legalize real-money online casinos.
Virginians can expect the Norfolk casino to begin preparations for its launch as the November deadline fast approaches. This move will likely attract attention from both players and operators as the Virginia gambling market continues to evolve. The Commonwealth has had legal online sports betting since January 2021, when the market first began accepting bets. Since then, Virginia has one of the biggest and most successful sports betting markets in the US.
Industry trends indicate a growing interest in regional casinos, suggesting a promising future for the casino in Norfolk.
Based on reporting by WAVY News.
