Casinos and Sports Betting in VirginiaĪfter the sports betting ban was lifted at the federal level in 2018, Virginia legalized sports betting in July of 2020. The company has developed similar venues in in Illinois, New York, and Pennsylvania, all of them operated under the Rivers brand name. According to Rush Street, it will “pump more than $200 million into the local Portsmouth and Hampton Roads economy annually.”įor Rush Street Gaming, this will be their seventh casino resort, but its first located in Virginia. Industry experts expect the venue in Portsmouth to generate $16.3 million in tax revenue annually for Portsmouth. Others slated to work on the Rivers Casino Portsmouth include North Carolina-based Kimley-Horn, Klai Juba Wald Architecture + Interiors from Las Vegas, and Jeffrey Beers International of New York. is one of the primary general contractors. The construction project is anticipated to create 1,400 construction jobs for the region. Rush Street paid $10 million to the city of Portsmouth for the property. The sprawling complex will include a casino, hotel, event center, several restaurants, an entertainment stage, and a sportsbook by BetRivers. Rush Street Gaming, a Chicago-based casino developer, is building the entertainment complex on a 50-acre site adjacent to Victory Boulevard in Portsmouth. New Portsmouth, VA Casino: By The Numbers Earlier in that same year, the Virginia General Assembly passed a law authorizing casinos in Portsmouth, Bristol, Danville, Norfolk, and Richmond.
Rivers Casino Portsmouth was approved by voters in 2020, one of four such venues given the green light in a referendum. The new Rivers Casino Portsmouth is expected to open in early 2023.
Shovels are in the ground in Portsmouth for a $300 million casino construction project that will lead to 1,300 new permanent jobs in Virginia.
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