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Virginia State’s authorities are in the process of evaluating different measures to expand gaming industry operations.
As per the reports by several local newspapers the State of Virginia might promptly permit another gaming expansion, as authorities are excogitating the installation of betting machines at the historical race terminals at Colonial Downs, a horse track located in New Kent County, Virginia which was recently closed about 30 miles outside of Richmond.
The General Assembly is preparing a draft intending to alter the current regulations that confine gaming operations. As per the official reports, the House has already approved the measure, which is now being considered in the Senate.
The measure would give the go-ahead to the reopening of Colonial Downs, which pulled the plugs in 2014. The proposal would have already been set up if it were not for preponderant opposition from House Speaker, Kirk Cox, who objected to the original proposal to include the new form of gambling inside former Gov. Terry McAuliffe’s budget. Instead, he insisted it be filed as a standalone bill to have standard public hearings.
If the bill receives final approval, gambling machines will be installed at a few off-track betting parlours around the state as well as the Colonial Downs. The Colonial Downs horseracing track is a long way from its glory days but could soon receive a boost from the state Senate.
Source: European Gaming Media and Events