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Washington DC & Mid-Atlantic  + DC Metro  + Hospitality  |  April 15, 2024
Emily Fu
By: Emily Fu

DC Developer Warrenton Group Bids for Virginia Casino 

The Warrenton Group, led by CEO Warren Williams, is among the contenders for developing a new casino in Petersburg, Virginia. Teaming up with casino operator Delaware North, they are competing with big names like The Cordish Cos., Bally’s Corp., Penn Entertainment Inc., and Rush Street Gaming LLC, Washington Business Journal reported. 

The Virginia General Assembly will soon decide whether Petersburg will hold a referendum on the casino this November. The outcome hinges on whether a reenactment clause is added back to the legislation, which could delay the referendum until 2025 if approved. The proposals for the casino project include various amenities such as restaurants, entertainment facilities, hotels, and housing complexes.  

Cordish, in partnership with Bruce Smith, is proposing a $1.4 billion entertainment district anchored by a Live! Casino & Hotel. This opportunity follows unsuccessful attempts to establish a casino in Southside Richmond. Urban One Inc., initially selected for the Richmond project, is not involved in the Petersburg proposals. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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