Rush Street Promise Economic Drive After Portsmouth Casino Gains Support

After its $300 m casino resort project in Portsmouth, Virginia, earned the support of voters, Rush Street Gaming has promised to provide a powerful economic driver for the commonwealth and the local region.

The new approval follows pre-certification being given by the Virginia Lottery Board in July, becoming the latest addition to the firm’s portfolio of gaming and entertainment locations.

Rivers Casino Portsmouth is pencilled in to debut two years after the company receives a gaming licence from the Commonwealth of Virginia, following the green-light granted by voters in the November 3 referendum.

The $300 m casino project proposed for Victory Boulevard would add to the currently empty site 1,300 permanent jobs and 1,400 temporary construction jobs.

In addition, a hotel, indoor and outdoor concert venues, meeting space and numerous restaurants, as well as a gaming floor with a range of slots , table games, a poker room, and BetRivers sportsbook, will be featured by the new Rivers casino entity.

Mayor John Rowe of Portsmouth said: ‘This is a wonderful day for Portsmouth. “The Portsmouth voters have said yes to a new economic opportunity – an opportunity that will not only create great new jobs, but also generate more than $16m in new annual tax revenues for our community.

“With Rush Street Gaming, Portsmouth has secured an excellent developer and operator of world-class destination casinos, with a track record of keeping promises, community support, and job creation. We’ve chosen our partner very well.”

The projected annual payroll of Rivers Casino Portsmouth would be $62 m, with a Portsmouth First pledge to create a diverse workforce and to recruit locally also shared.

Neil Bluhm, chairman of Rush Street Gaming added: “We thank the residents of Portsmouth, the City of Portsmouth, and the Portsmouth Economic Development team for their support.

“We’re eager to get construction underway, so this strong economic engine for the Commonwealth and the local community can start producing benefits.”

In three other Virginia towns, the decision to allow casino gaming has also been made, with Norfolk, Bristol and Danville also giving the nod. The Pamunkey Indian Tribe, Hard Rock International and Caesars Entertainment, respectively, will be operating partners in these developments.