---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-000502"
form_type: "8-K"
ticker: "UONE"
cik: "0001041657"
company_name: "URBAN ONE, INC."
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T14:37:55.720862+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Richmond City Council passes new resolution for ONE Casino + Resort; second referendum targeted for Nov. 2022

## Summary
- City of Richmond adopted resolution on Jan. 24, 2022, supporting a second referendum on Urban One's $560M casino project.
- Resolution proposes no city funding; includes $560M capital investment, 1,500 jobs, $16M for community groups.
- Urban One subsidiary RVA Entertainment Holdings will seek precertification from Virginia Lottery Board before court order for referendum.
- City expects second referendum vote in November 2022; project would create 'ONE Casino + Resort' if approved.
- Proceeds could fund a two-cent property tax rate reduction and capital improvements for Richmond schools and city.

## SEC filing metadata
- accession: 0001558370-22-000502
- form_type: 8-K
- ticker: UONE
- cik: 0001041657
- company_name: URBAN ONE, INC.
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041657/000155837022000502/0001558370-22-000502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041657/000155837022000502/uone-20220124x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-000502
- JSON: https://secwatch.observer/filing/0001558370-22-000502.json
- Plain text: https://secwatch.observer/filing/0001558370-22-000502.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.