Gambling: Colonial Downs, where Virginia long ago cracked the door on wagering, is now ground zero for an army of slot-like machines, greasing the wheels for gaming advocates who want full.
Colonial has changed the payouts on their slot machines so that they can increase their profit. Earlier this year I posted “Colonial Downs Revenue Report for May”, after New Kent’s first full month of operation. In it we crunched the numbers and determined the “hold” on the slot machines.Colonial Downs, which owns Rosie's, said it planned to stick to the 150-machine plan for now, but did not rule out an expansion at another time, whether that would mean expanding the newly.But a larger facility is years away, according to Colonial Downs, which operates off-track betting parlors in Virginia. The Dumfries Town Council approved in February a new Rosie’s Gaming Emporium with 150 betting machines, which is planned to open in the Triangle Shopping Plaza by the end of the year.
Colonial Downs, located in New Kent, Virginia off interstate 64 between Richmond and Williamsburg, has a legendary history of thoroughbred flat racing with the best turf track in the country. Now, the interior is as exciting as the horses charging the Colonial Down’s track.
Colonial Downs, which is reopening this year with permission to operate “historical horse racing” machines around the state, showed off one of their new video gambling terminals, which thus far have been described primarily as “slot like” in nature. They’ll be installed at the track in New Kent and off-track betting parlors in Richmond, the Roanoke area and Hampton Roads.
A bill that would allow the owner of now-defunct Colonial Downs to install historical racing machines has been passed by the Virginia Senate by a vote of 31-9. According to the Daily Racing Form.
Colonial Downs last conducted live Thoroughbred racing in 2013.. which to users feel essentially like slot machines, use previously contested races to generate the winning numbers and base.
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Gaming at Colonial Downs. Colonial Downs is one of the most popular horse racing tracks in America. Betting is on thoroghbred racing and harness racing. In addition to 95 wagering stations, Colonial Downs also has three off track betting locations and simulcast theatres. The Account Wager Centers for OTB are in Richmond, Hamptom Roads and Indian River.
Another Colonial Downs-Backed Rosie’s Gaming Site Proposed For Chesapeake CHESAPEAKE, Va. (WAVY) — 120 new jobs and millions in tax revenues for Chesapeake, those are the numbers expected for a new Rosie’s gaming establishment proposed in the city, one of several in the works to support the return of the Colonial Downs racetrack in New Kent County.
Like the main facility in New Kent, the off-track betting sites are expected to have historical horse racing terminals, the slots-like gambling machines the General Assembly recently legalized to create a major new revenue stream for Colonial Downs and the horse industry.
Virginia lawmakers’ long-standing aversion to gambling appears to be softening as the General Assembly advances a bill to use slots-like betting machines to rejuvenate the shuttered Colonial Downs.
Rosie's Gaming Emporium at Colonial Downs officially opened for business yesterday. The new facility is located within the former racetrack which closed in 2014. Last year the Virginia General Assembly passed legislation to help return horse racing to the state with revenues from special gaming machines that look similar to Vegas slot machines, but are actually Historical Horse Racing machines.
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