Election Day Explainer: Why Richmond Casino, NJ Sports Betting Inquiries Failed
Posted on: November five, 2021, 12:21h.
Final updated on: November four, 2021, 06:35h.
Election Day 2021 featured two significant concerns that stood to influence the US gaming sector. But each ballot referendum was rejected by voters, which begs the query, “Why?”
Although Casino.org does not have all the answers, we dug deep to much better comprehend 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 particular Casino + Resort
Virginia legalized commercial gambling last year by way of a bill created to spur financial activity in distressed cities. Five cities qualified to ask constituents whether they assistance making use of a commercial 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 nearby casino referendums during the 2020 election. And all four cities did so convincingly.
Richmond opted to wait a year simply because of considerable interest from casino organizations.
The capital ultimately received six bids, which includes proposals from nationally recognized firms, such as Golden Nugget and Bally’s. The Cordish Businesses and its Reside! casino brand also bid, as did Wind Creek Hospitality, the Pamunkey Indian Tribe, and Urban One.
The pitches garnered sturdy feedback, with more affluent communities in the capital area 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 have been passed about.
A lot more visitors. Larger crime. Reduced quality of life for us. Tell them to build it more than there,” study the flyer, which led numerous to query where “over there” is.
Richmond, by means of its Resort Casino Evaluation Panel, in the end went with Urban A single, a Black-owned media conglomerate with no encounter operating a casino or a resort. Urban 1 partnered with Peninsula Pacific Entertainment, an knowledgeable casino operator, to aid guide the project. The $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 One particular Casino. The former governor received much more than 77 % of the vote in Richmond, but lost statewide to Republican newcomer Glenn Youngkin.
As for the casino query, 77,823 Richmonders weighed in. A tiny a lot more than 51 % 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. Though they nevertheless voted heavily Democrat — and backed McAuliffe who endorsed the casino — that demographic overwhelmingly went against the gambling initiative.
In spite of assistance from celebrities, such as Missy Elliott and Jamie Foxx, the casino question was defeated.
“Concerns had been raised, like enhanced crime, targeted traffic, and doubts that the project would lead to other economic development in the area, which is among Richmond’s far more impoverished districts,” explained Kate Andrews, deputy editor of Virginia Company.
On social media, many gave their personal opinions as to why One Casino failed.
In May 2020, Peninsula Pacific Entertainment, the entity that will supposedly create four,500 jobs in Richmond, closed their casino in Bossier City, Louisiana, laying off more than 400 folks. This even though other local casinos reopened:https://t.co/IlW0iDMz5p
— Michael Gryboski (@MichaelGryboski) November 1, 2021
I wonder if missy elliot knew how Radio 1 fought against financial empowerment for black musicians when they opposed Congress bill HR848 if she’d still be recording these videos for y’all? https://t.co/ZdJN8i7907
— ChipmanForRichmond (@MrLegacyJones) November 1, 2021
I’m not going to tell you who to vote for, but if you are a Richmond voter, please vote against the casino. It really is one particular of the few instances you can really vote against the interests of massive corporations.
— Goad Gatsby (@GoadGatsby) October 30, 2021
New Jerseyans Reject Sports Betting Expansion
New Jersey oddsmakers take more legal bets on sports every month than any other state with regulated sports wagering. Licensed oddsmakers in New Jersey, both retail and on the internet, took almost $6 billion in sports bets in 2020.
To assist New Jersey sustain its front-runner position, business stakeholders argued that the ban on college sports betting involving state schools or taking place within the state, should be repealed.
New Jerseyans have been presented with the chance to do so on Election Day. But 57 percent — more than 1.1 million voters — responded “No” to permitting oddsmakers to take bets on Rutgers, Seton Hall, Princeton, and other New Jersey-primarily based universities.
One particular possible concern with lifting the ban could have been that college athletes would feel more stress and/or face far more scrutiny on social media simply because of the added interest and cash involved,” explained Jane Bokunewicz, director of Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism. “This is anything that skilled athletes have faced, with some questioning whether or not sports betting was a contributing element.”
Although the gaming sector hoped the sports betting expansion query would pass, political pundits believe the absence of any true campaign to get out the message eventually led to its failure.