Bally’s Corporation has confirmed that it will provide the opportunity for all Richmond residents to purchase an equity interest and become partial owners of its proposed casino resort for the Virginian capital city.
David Walton, a Richmond-based serial entrepreneur, will be partnering with Bally’s to roll out the program. He will also be assisting in raising awareness of this crowdfunding round.
According to the operator, the program is being implemented because of positive feedback from the locals in meetings held recently.
“The goal of the program is to provide all Richmond residents the chance to invest in Bally’s Corporation in Richmond. I look forward to working with Bally’s and supporting that effort,” Walton said.
Michael Monty, senior project manager of Bally’s Richmond, commented: “During our latest engagements with the RVA community, we had the opportunity to inform the Richmonders about Bally’s Richmond. Many Richmond residents expressed interest in being a part of the proposal.
“By allowing Richmond residents to own a part of Bally’s Richmond, we further demonstrate commitment to RVA and this project. We look forward to working with David Walton on this program. We are excited about the opportunity for Richmonders to own a part of Bally’s Richmond and profit from its success.”