Are They Building a Casino in Norfolk Virginia?

The Pamunkey Indian Tribe has announced plans to build a $700 million casino resort in Norfolk, Virginia. The project, which is still in the early planning stages, would be located on a 50-acre site near the Norfolk Waterside Convention Center.

If built, the casino would be the first in Virginia and would feature 2,500 slot machines and 150 table games. The resort would also include a hotel with 350 rooms, a spa, restaurants, and retail space.

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The Pamunkey tribe has been working with the city of Norfolk on the project for several months and has already secured an option to purchase the land for the casino. The tribe is currently working on securing financing for the project and hopes to begin construction by 2020.

The casino resort would be a major economic boost for Norfolk and the surrounding region. It is estimated that the project would create 1,500 jobs during construction and 2,500 permanent jobs once the casino is up and running.

The resort would also generate millions of dollars in tax revenue for the state and local governments.

PRO TIP:Given that Virginia has only recently legalized casino gambling, it is wise to confirm before investing in any potential casino project in Norfolk. Review the local and state regulations, as well as the timeline for construction and opening of the proposed facility, to ensure that any investment you make will be worthwhile.

Norfolk Mayor Kenneth Alexander has voiced his support for the project, saying that it would bring much-needed jobs and economic development to the city. The city council is expected to vote on whether to approve the project later this year.

The Pamunkey tribe has a long history in Virginia dating back to 1607 when they helped settle Jamestown. The tribe has been working to secure federal recognition for several years and finally received it in 2015.

This gives them the right to build a casino on their reservation land in King William County. However, they have been unable to secure funding for that project so far.

If built, the Norfolk casino would be a welcome addition to Virginia’s growing gambling scene. The state currently has four casinos – all of which are located in border towns with neighboring states that have casinos.

This has led many Virginians to drive out of state to gamble, which costs the state millions of dollars in revenue each year.

The addition of a casino in Norfolk would help keep that money inside Virginia’s borders and benefit the entire state economically.