Title
Use Permit Application No. 18-00007 by Colonial Downs Group, LLC to Permit an Amusement Center for an Indoor Off-Track Betting Horse Racing Facility at 1990 to 1996 Power Plant Parkway [LRSN 13001056, portion]
Purpose
Background Statement:
Use Permit Application No. 18-00007 is a request for an amusement center for an off-track betting horse racing facility. In conjunction with the use permit, the applicant is proposing a full service restaurant. The subject property is located at 1990 to 1999 Power Plant Parkway [LRSN 13001056, portion], which is the former NASCAR Grill and Lucky’s restaurants in the Power Plant of Hampton Roads Shopping Center.
The proposed business is called Colonial Downs & Rosie’s. The applicant is proposing to provide a satellite betting facility with simulcast horse racing for the purpose of pari-mutuel wagering of historical horse races. Pari-mutuel wagering allows an individual to bet on specific races where the payout is based upon the type of bet and the pool of money collected from all betters of the race.
The applicant plans to renovate and expand the former NASCAR Grill and Lucky’s restaurants which include roughly 15,800 SF, as well as construct an addition on the western side of the former NASCAR Grill building. The building addition will be approximately 22,580 SF. In total, the facility will be approximately 38,380 SF. The facility will feature a full service restaurant that is approximately 2,470 SF and an off-track horse racing betting facility that will allow patrons to bet on randomized historical horse races that have previously occurred worldwide. The off-track betting facility will include a maximum of 700 historical horse racing electronic gaming devices similar to what one may see in a casino. Contrasting to live betting where participants know the horses and conditions involved, the historic betting machines are based on historic races but the participants are unaware of many race details such as jockey, h...
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