The Cordish Companies, the owner and manipulator of Live! casinos inwards Pennsylvania and Maryland, is suing Norfolk, Va. over the city’s plans to develop a gaming resort.

In court documents, Cordish says it entered into an accord inwards 2013 with the City of Norfolk to redevelop its failed Waterside District entertainment, nightlife, and dining complex. The filing was made in the Circuit Margaret Court for the City of Richmond

Cordish argues that during the city’s term of office operating the marketplace, Waterside was losing as much as $3.3 zillion annually. By 2013, the Waterside facility was more than 90 percent vacant.

Cordish, through and through its LLC Norfolk District Associations (ND), contends that it signed on to revitalize the Waterfront, but with 1 major caveat: if Old Dominion State legalized gambling, it would have first of all dibs on edifice a gambling casino inward the city.

That happened utmost twelvemonth when the commonwealth passed lawmaking allowing quint economically challenged cities to tolerate voters to resolve on whether to pass a single casino resort. Norfolk met the qualifying criteria to sustain a local ballot referendum on the issue, and it easily passed lastly November.

Cordish Seeking $100M

Norfolk shocked practically of the gaming mankind when it decided to partner with the Pamunkey Red Indian Tribe on its cassino project. The small Native American federation of tribes has no go through building or operating any sort of casino, but does experience the mount of billionaire Jon Yarbrough.

Yarbrough made his circumstances inwards the Native American casino industry. He sold his company, Video Gaming Technologies, a maker of Class II gaming machines, to Aristocrat Leisure inward 2014 for $1.3 billion.

Yarbrough and the Pamunkey tribe are moving forrad with a $500 1000000 cassino project located side by side(p) to the city’s Harbor Park baseball game stadium. The holiday resort situation is just a unforesightful take the air from the Waterfront District.

Cordish says it would experience never in agreement(p) to reformulate Waterfront without the gaming clause. And with Norfolk going with Pamunkey, and allegedly violating its letting agreement, the companionship is seeking damages.

“ND and its redevelopment declaration were crystal clear: without the City’s loyalty to making Cordish its sole(a) developer for cassino gaming, ND would not guarantee the powerful task and substantial economical risks of redeveloping The Waterside,” the complaint reads.

“As a result, ND has suffered important damages, including missed opportunities and lost profits, and brings this Complaint to obtain justness from the Court and to publically get truth to light,” the causa concludes.

Norfolk Responds, Claims Defamation

Norfolk City Attorney Claude Bernard Pishko rejected Cordish’s claims in a financial statement to media outlet 10 on Your Side in Norfolk.

Their complaint is not based in fact and is so defamatory that they asked that if I accepted their offer to obtain a copy inward move on in rules of order to discuss a resolution that I would get to concord to non sue them for defamation,” Pishko said.

“A filed suit is generally exempted from obloquy laws, but a pre-filed complaint is not. Their telephone exchange allegation that the Waterside rental provides for Cordish to follow the sole(a) gambling manipulator is fiction,” he added.

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