PPE Casino Resorts Petersburg is fifth approved casino in Virginia
PPE Casino Resorts Petersburg, $1.4bn project between The Cordish Companies and Bruce Smith Enterprise, has become the fifth approved casino facility operator in Virginia.
The Virginia Lottery Board unanimously approved its application for licensure. PPE Casino Resorts Petersburg, LLC, plans to open a casino near the intersection of Interstate 95 and Wagner Road.
Live! Casino Virginia will now open its temporary facility on January 22 with 75,000 square feet of gaming space. It will offer 1,000 state-of-the-art slot machines, 23 live action table games and a dedicated 15 table poker room.
“We are thrilled to announce the opening date of Live! Casino Virginia on January 22, 2026,” said Penny Parayo, Senior Vice President & General Manager for Live! Casino Virginia. “Our team has been working hard day and night to be able to welcome guests through our doors for the first time in January.”
This comes after a comprehensive review of application materials submitted by PPE Casino Resorts Petersburg, LLC, and an extensive background investigation by the Virginia Lottery. Under legislation passed by the General Assembly in 2020, the Virginia Lottery licenses and regulates casinos and sports betting in the Commonwealth.
The planned casino in Petersburg will join four other approved casinos in the Commonwealth: in Bristol, Danville, Norfolk and Portsmouth.
A groundbreaking took place last March for the permanent casino, which will feature more than 450,000 square feet of gaming, hotel and dining space, including a convention center and concert venue. The venture is projected to offer 1,400 permanent jobs and generate more than $200m annually in economic benefits.
The Virginia Lottery was created in a 1987 referendum by Virginia voters. Under legislation passed by the Virginia General Assembly in 2020, the Lottery also assumed regulatory oversight of sports wagering and casino gaming in the Commonwealth. While proceeds from traditional games offered by the Lottery support a variety of K-12 programs, the taxes generated by sports wagering and casino gaming will benefit other priorities of the Commonwealth as determined by the General Assembly.
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PPE Casino Resorts Petersburg is fifth approved casino in Virginia PPE Casino Resorts Petersburg, $1.4bn project between The Cordish Companies and Bruce Smith Enterprise, has become the fifth approved casino facility operator in Virginia. The Virginia Lottery Board unanimously approved its application for licensure. PPE Casino Resorts Petersburg, LLC, plans to open a casino near the intersection of…
The post Virginia Lottery Board approves casino facility operator’s license for Petersburg Casino appeared first on G3 Newswire.