Petersburg welcomes Central Virginia’s first full-scale casino
Free Press staff report | 1/29/2026, 6 p.m.
Live! Casino Virginia opened last week in Petersburg, becoming Central Virginia’s first full-scale casino and marking a major expansion of legalized gaming just south of Richmond.
The Jan. 22 opening comes after Richmond voters rejected proposed casino developments twice — first in a November 2021 referendum and again in a June 2023 revote — clearing the way for Petersburg to move forward with its own casino project under Virginia law.
Developed by The Cordish Companies and Bruce Smith Enterprise, the temporary gaming facility sits off Interstate 95. The casino operates 24 hours a day and features more than 900 slot machines and 33 live-action table games. Guests also have access to a bar, a restaurant and free parking.
Company officials and local leaders gathered for a grand opening ceremony, which included a ceremonial first bet placed by former NFL quarterback Joe Theismann. Attendees included members of the Virginia Lottery Board, Petersburg Mayor Sam Parham and members of the City Council.
“This moment marks the beginning of a powerful new era,” Parham said, describing the casino as a project intended to spur economic development in Petersburg and the surrounding Tri-Cities region.
During the opening event, $15.05 million was presented to the city and local charities. The funds include a $15 million contribution to the city, part of a broader commitment by the developers, and $50,000 raised during a charity test day last week. That money was split evenly between Feed More and the John Randolph Foundation.
A portion of future contributions will be directed by a Community Advisory Board toward initiatives such as services for older adults, child care, affordable housing, parks and recreation, education, health care and workforce development.
The casino has created more than 500 jobs, including more than 100 table games dealer positions. Additional hiring is ongoing for positions in gaming operations, hospitality, security, facilities and food service.
Construction is underway on a permanent casino and hotel on the same 100-acre site. The $1.4 billion project, expected to open in late 2027, is planned to include a 200-room hotel, meeting and entertainment space, expanded gaming options, restaurants and a sportsbook.
