West Virginia Casino Satellite Bill Advances, Legislation Could Help Malls

West Old Dominion casinos would be afforded planet gaming location opportunities under unexampled statute law that is making come on inwards the tell legislature.

Senate Bill 100 was introduced in conclusion month by province Sen. Eric Horatio Nelson (R-Kanawha). The statute seeks to earmark the state’s v commercial casinos to unfastened satellites — littler brick-and-mortar casinos — so long as the locus is placed within the same county the planet is tethered.

SB100 gained backing in the Senate Finance Committee this week. The statute law has since moved to the full Senate floor, where the greenback received a first of all reading material today.

Nelson believes allowing the state’s five casinos to open up artificial satellite gaming venues will assist reinvigorate struggling businesses, specifically malls. The Republican says he crafted SB100 after a recent trip-up to the Charleston Ithiel Town Center.

It’s shameful to manner of walking through that facility. Quite shameful. It’s very unfortunate,” Viscount Nelson told the Finance Committee forward of the vote.

Once the largest shopping mall eastward of the Mississippi, Charleston’s Town Center today has only one ground — JCPenney. Numerous stores remain unoccupied, as is the instance in shopping malls across the nation.

2022 marks the 2d clip that Lord Nelson has introduced a measure to clear orbiter casinos. His 2019 travail gained patronage inwards the House of Delegates but stalled inwards his possess chamber.

Three-Step Process

There are several hurdles to elucidate before a Cicily Isabel Fairfield Old Dominion cassino might obtain authorisation to expand its gaming operations off of its originally licensed premise.

Senate Bill 100 must 1st realise legal age livelihood inward both legislative chambers. If that happens, counties rest home to the fin casinos would demand to legion local ballot referendums asking voters to appropriate artificial satellite gaming properties.

The remaining steps followers the commonwealth and local county endorsing a artificial satellite would be for the West VA Lottery Commission to sign up off on the projection and issuance the concern a satellite gaming concession. Finally, the cassino would demand to arrive at a term of a contract understanding with a renter willing to permit gaming trading operations privileged its property. Cordell Hull Property Group in Empire State of the South acquired the Town Center Mall endure twelvemonth for just $3 million.

Nelson’s statute would take into account only if ace planet inward for each one county. western United States Virginia’s quintuplet casinos domiciliate in disunite counties.

Each mini-casino would be permitted to house one-armed bandit machines and tabular array games, sports betting, and pari-mutuel wagering on simulcast racing.

Casinos to the Rescue

Pennsylvania lawmakers spearheaded the construct of planet casinos inwards 2017 under the state’s major expanding upon of gambling. But West Virginia’s neighbor did so inwards a different manner.

Instead of county referendums, Pennsylvania for the first time allowed townships and municipalities to opt-out of existence considered for a mini-casino. Once the pool of potential boniface sites was narrowed down, the Pennsylvania Gaming Control Board held a serial of planet gambling casino vendue rounds. The heights beseech of the certain proposals won the correct to unafraid a 15-mile r to establish a satellite gaming facility.

Pennsylvania held quint successful auction sale rounds before interestingness waned. Three get since opened — Hollywood Casino York, Live! Casino Pittsburgh, and Hollywood Casino Morgantown. The House of York and Pittsburgh satellites hold taken the station of vacant mall backbone stores.

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