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Election Day Explainer: Why Richmond Casino, NJ Sports Betting Questions Failed

Election Day Explainer: Why Richmond Casino, NJ Sports Betting Queries Failed

Posted on: November 5, 2021, 12:21h.&nbsp

Last updated on: November 4, 2021, 06:35h.

Election Day 2021 featured two key concerns that stood to effect the US gaming business. But every ballot referendum was rejected by voters, which begs the query, “Why?”

Richmond casino Virginia election 2021
Urban One CEO Alfred Liggins’ (shown above) vision for a casino resort in Richmond, Va., was rejected on Election Day. A proposal to expand sports betting in New Jersey was also defeated. (Image: Casino.org)

Whilst Casino.org does not have all the answers, we dug deep to better understand why voters in Richmond rejected the $565 million 1 Casino + Resort proposal for the Virginia capital, and why New Jerseyans opted not to further expand sports betting.

Richmonders Reject One Casino + Resort

Virginia legalized commercial gambling last year by way of a bill made to spur financial activity in distressed cities. 5 cities certified to ask constituents whether they assistance making use of a industrial casino resort as a implies to bring their town’s new jobs and generate added tax revenue.

Norfolk, Portsmouth, Bristol, and Danville each and every passed local casino referendums throughout the 2020 election. And all four cities did so convincingly.

Richmond opted to wait a year since of considerable interest from casino organizations.

The capital eventually received six bids, which includes proposals from nationally identified organizations, such as Golden Nugget and Bally’s. The Cordish Firms and its Live! casino brand also bid, as did Wind Creek Hospitality, the Pamunkey Indian Tribe, and Urban 1.

The pitches garnered powerful feedback, with more affluent communities in the capital region largely opposing a casino in their neighborhoods. Race was injected into the matter when flyers opposing the Cordish $600 million blueprint for the historic Scott’s Addition neighborhood had been passed around.

A lot more site visitors. Greater crime. Decrease top quality of life for us. Tell them to construct it more than there,” study the flyer, which led several to question where “over there” is.

Richmond, through its Resort Casino Evaluation Panel, in the end went with Urban One, a Black-owned media conglomerate with no experience operating a casino or a resort. Urban One partnered with Peninsula Pacific Entertainment, an experienced casino operator, to help guide the project.&nbspThe $565 million undertaking was set to be constructed subsequent to the Philip Morris tobacco plant, and was to be the first Black-owned casino in the history of the United States.

Richmond residents cast 78,381 votes on the governor’s race. The city gubernatorial vote went vastly in favor of Democratic candidate Terry McAuliffe, who lent his help to A single Casino. The former governor received a lot more than 77 percent of the vote in Richmond, but lost statewide to Republican newcomer Glenn Youngkin.

As for the casino query, 77,823 Richmonders weighed in. A small a lot more than 51 percent voted “no” to deny Urban One’s casino ambitions.

Analyzing the voting data, the majority of the “no” vote came north of the James River where the majority of Richmond’s wealthier neighborhoods are located. Although they nevertheless voted heavily Democrat — and backed McAuliffe who endorsed the casino — that demographic overwhelmingly went against the gambling initiative.

In spite of help from celebrities, like Missy Elliott and Jamie Foxx, the casino query was defeated.

“Concerns had been raised, like elevated crime, visitors, and doubts that the project would lead to other financial development in the region, which is among Richmond’s much more impoverished districts,” explained Kate Andrews, deputy editor of Virginia Company.

On social media, numerous gave their personal opinions as to why One Casino failed.

New Jerseyans Reject Sports Betting Expansion

New Jersey oddsmakers take more legal bets on sports each month than any other state with regulated sports wagering. Licensed oddsmakers in New Jersey, both retail and online, took virtually $6 billion in sports bets in 2020.

To support New Jersey sustain its front-runner position, market stakeholders argued that the ban on college sports betting involving state schools or taking place within the state, need to be repealed.

New Jerseyans have been presented with the chance to do so on Election Day. But 57 % — a lot more than 1.1 million voters — responded “No” to allowing oddsmakers to take bets on Rutgers, Seton Hall, Princeton, and other New Jersey-based universities.

One particular potential concern with lifting the ban might have been that college athletes would really feel much more stress and/or face a lot more scrutiny on social media due to the fact of the added interest and funds involved,” explained Jane Bokunewicz, director of Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism. “This is anything that professional athletes have faced, with some questioning whether sports betting was a contributing element.”

Though the gaming market hoped the sports betting expansion query would pass, political pundits think the absence of any genuine campaign to get out the message in the end led to its failure.