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Even if the casino generates expected tax revenues, Krutz says significantly of this will come from revenue that would have been spent in Richmond anyway. People today who would otherwise have spent their dollars at regional restaurants or other entertainment establishments will commit it at the casino alternatively. Convergence Approach Group’s report says that 22% of the casino’s gambling income will come from Richmond residents and 65% will come from the surrounding regional marketplace. Krutz says calling the casino a "resort" is a advertising ploy to make it appear like persons will come from elsewhere. And then there’s the truth that Urban 1 is undergoing the approach of delisting by NASDAQ, which can be a sign of financial distress and prospective bankruptcy, but could also be since of paperwork violations. The filings say the business will file its delinquent reports ahead of its scheduled hearing on Nov. 30. The casino developers are utilizing Hickory Hill, one particular of Richmond’s three early voting locations, to make a full court press. Any person who shows up at Hickory Hill in the course of voting hours — regardless of if or how they vote — can get a absolutely free meal from a food truck courtesy of Urban 1.

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