πŸ’° Kingsport Times-News: Editorial: Casino could spark bright future for Bristol

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One is at the former Bristol Mall in Virginia; the other, adjacent to The Pinnacle retail development in Washington County, Virginia. A Second.


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a retail complex he developed across the state border in Bristol, Tennessee. The tribe is known for its Harrah's Cherokee Resort Hotel and Casino in The Bristol casino group issued a statement Tuesday evening saying.


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The casino is like the Super Bowl, the prize everyone wants to win. Jim McGlothlin and Clyde Stacy made millions in the coal business. They play.


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BRISTOL (WCYB)β€” The image of a bustling resort and casino near curbside pick-up and delivery service within Bristol, Tennessee city limits.


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The Pinnacle is located just south of the Tennessee-Virginia border along I EBCI Chief Richard Sneed said the plans, in addition to the casino.


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We see a bright future, rather than a Tunica downturn. But of the hundreds of millions of dollars in gambling revenues, just 2. No doubt the focus will remain on the Bristols for some time as these developments progress. The town became a flashy casino destination in the s and at first the casinos over hired. Whether casinos have a positive effect on local economic growth is a mixed bag, according to a host of studies. Stay informed.{/INSERTKEYS}{/PARAGRAPH} But will restaurants and more retail and new recreational activities follow, creating more new jobs and momentum that cannot be stopped? Also last month, McGlothlin and Stacy announced that they had signed one of the top casino operators available, Hark Rock International. Tunica was already poverty stricken and sits alone on the Mississippi River. The jobless rate grew to There are other such articles easily found with a simple web search. And it would be easy to point to the Tunica boom-then-bust scenario as a possible future for Bristol. But the difference is where each city started. The last pieces come next year when the Virginia General Assembly takes final action on allowing casinos in five cities, which likely will be approved given the potential for significant tax return. Bristol, while it has struggled, is far from poverty stricken. This March, legislation to allow casinos to operate in specific distressed Virginia cities was approved by the Virginia General Assembly. The poverty rate remained high. The region benefits from these developments, but over time Bristol could emerge β€” for the first time β€” as the leader in job growth, tax revenue and eventually, even population. Maybe; maybe not. An article at citylab. And Bristol, Virginia, residents must approve a referendum allowing the casino, also seen as a given considering what the project will deliver. {PARAGRAPH}{INSERTKEYS}It started with The Pinnacle, a acre retail complex on the Tennessee side that opened five years ago with 1. And it is positioned as part of the larger and more vibrant Tri-Cities, a characteristic that lends support to growth with a wider economic and population base. It looks very much like Bristol, Virginia, will get its casino. Last month, a report required by the legislation found that the casinos would have a positive impact on the state.