Caesars Virginia received the state lottery board’s approval Wednesday and announced its opening date quickly afterward. It’s now the third casino licensed to operate in Virginia.
Matt Busse
Matt Busse covers business for Cardinal News. He can be reached at matt@cardinalnews.org or (434) 849-1197.
Posted inEconomy
Jim Justice’s family businesses in legal dispute with Martinsville bank over millions in loans
Carter Bank & Trust filed court documents seeking repayment from the Justices’ businesses on over $300 million in loans. The companies say they have a plan to pay off the loans but argue that the bank isn’t interested.
Posted inEconomy
Radio stations push reach and utility of AM as some carmakers move to drop it
As auto manufacturers expand their electric vehicle offerings, many new models will ship without AM radios. Broadcasters and some government officials say the medium remains vital for public safety.
Posted inPolitics
Cannabis authority’s town hall illustrates limitations of its power
At a Roanoke hearing outlining the Virginia Cannabis Control Authority’s mission and outreach efforts, some speakers asked for things it can’t legally do.
Posted inEconomy
This steel mill closed in 2020. It’s being turned into a technical training center.
Officials have a vision for turning a former steel abrasives plant in Bedford into a home for technical skills education, workforce training – and maybe even a new foundry.
Posted inEconomy
Effort to sell wood-burning biomass plant’s renewable energy credits fails to muster support in General Assembly
The Northern Virginia Electric Cooperative hoped that a legislative amendment would open a new market for credits from its wood-fueled biomass plant in South Boston, but the state Senate didn’t take action on it.
Posted inEconomy
Sen. Warner says rural Virginia needs capital, affordable housing and internet access to stay competitive
Warner spoke about the challenges facing rural communities during a conference hosted in Roanoke by the Federal Reserve Bank of Richmond.
Posted inEconomy
Co-op hopes to sell Halifax plant’s renewable energy credits in Virginia
State law doesn’t allow the Northern Virginia Electric Cooperative to sell credits from its South Boston biomass plant here in the Old Dominion. A proposed amendment to recently passed legislation could change that.
Posted inEconomy
The pandemic kept eligible Virginians automatically on Medicaid for 3 years. That’s about to change.
People who discover that they no longer qualify for government coverage have other options, and health care advocates say they’re here to help.
