NORFOLK, Va. (WAVY) — After years of unexplained delays, the development team looking to bring a resort-style casino to Norfolk has gone through a major shake up.
Las Vegas-based Boyd Gaming, one of the largest gaming operators in the country, is now taking the lead on efforts to bring gambling next to Harbor Park in Norfolk, according to city documents.
No more Headwaters name for proposed Norfolk casino development
Boyd, which owns 28 gaming entertainment properties in 10 states and netted $3.7 billion last year, is set to take majority ownership in Golden Eagle Consulting II, LLC, with the Pamunkey Indian Tribe having a 20% interest.
Initially, Golden Eagle Consulting II was controlled by Tennessee billionaire Jon Yarbrough, whose mailing address is not found on a draft amendment of the casino development agreement.
The change comes as the city and tribe face a looming deadline to receive a casino license for casino gaming before state law voids a 2020 referendum.
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