The Virginian-Pilot reports:
The Virginia Lottery Board recently granted a license for the state’s first casino, which developers intend to open in Bristol in 2024.
According to a presentation to the board last week, the $400 million project is expected to include a 300-room hotel, five restaurants, four bars or lounges and a concert venue. Developers expect to employ over 1,200 people, WJHL reported. Gambling options will include slots, tables and a sportsbook.
A new gaming revenue tax will be split among 12 southwest Virginia counties.