Urban One 50/50 JV with Churchill Downs signs $562M casino agreement with Richmond, VA

URBAN ONE, INC.

RVA Entertainment Holdings (50/50 JV with Churchill Downs) entered Resort Casino Host Community Agreement with City of Richmond.
Urban One named preferred casino gaming operator for the proposed $562M entertainment and gaming venue.
Project is subject to Virginia Lottery Department certification and a local referendum.
If approved, the casino would be developed in Richmond, Virginia.

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