Boyd Gaming Launches $750 Million Casino Resort Project in Norfolk, Virginia

In a monumental step for Norfolk, Boyd Gaming, alongside the Pamunkey Indian Tribe, has officially broken ground on a remarkable $750 million casino resort, significantly higher than prior projections.

This development, which has been in the works since legal qualifications were established in 2020, promises to be a premier entertainment and gaming destination located along the scenic Elizabeth Riverbank, adjacent to the city’s baseball stadium.

A Community Endeavor

The historic groundbreaking was attended by prominent figures, including Boyd Gaming CEO Keith Smith and Pamunkey Chief Robert Gray. Smith expressed enthusiasm over the development’s potential economic impact, stating, “In three short years, we will unveil an entertainment hub that will attract visitors from across the Mid-Atlantic region.”

The Pamunkey Tribe boasts deep connections to the Norfolk area, with a history spanning 10,000 years. Chief Gray emphasized the tribe’s commitment to uplifting both communities through this project.

Historical Challenges and Funding Changes

Originally launched as a joint project in 2018 targeting economic independence, the casino faced numerous challenges. A major turning point came with the sale of financier Jon Yarbrough’s stake to Boyd Gaming, enabling the project to gain momentum.

Project Features

The upcoming casino resort plans to include:

• 200-room hotel
• Eight restaurants and bars
• Live entertainment venue
• Extensive meeting space
• Casino floor with 1,500 slot machines
• 50 live dealer table games
• Dedicated sportsbook

Temporary gaming facilities will be available to patrons while construction is underway, complying with Virginia’s casino regulations.

Conclusion

Boyd Gaming’s $750 million casino resort represents a significant investment in Norfolk’s future, poised to generate jobs, boost the local economy, and provide a new entertainment option for the community and beyond.