News & Press

There’s a lot happening in Portsmouth and our momentum keeps growing! Read the latest news & press releases from Portsmouth Economic Development – we cover project announcements, business openings, development news, and more.

Media inquiry? Contact us at 757-393-8804 or porteco@portsmouthva.gov.

Latest News

Press Release

Rivers Casino Portsmouth Selects Three Local Charities to Benefit from Gaming "Test Nights"

Rivers Casino Portsmouth today announced three local non-profit organizations as beneficiaries of the gaming and entertainment venue’s test night proceeds.  The Virginia Lottery Board requires the casino to operate two real-money test nights, in...

Press Release

RIVERS CASINO PORTSMOUTH ANNOUNCES GRAND OPENING DATE: SUNDAY, JANUARY 15, 2023 AT 3:00 P.M.

— Rivers Casino Portsmouth officials today announced the $340 million gaming and entertainment venue will open its doors to the public on Sunday, Jan. 15, 2023 at 3:00 p.m. The casino is part of a planned Entertainment District along Victory...

Press Release

Lottery Board approves license for Portsmouth casino

The Virginia Lottery Board unanimously approved the casino facility operator’s license for the Rivers Casino Portsmouth Wednesday. It was the second casino operator’s license issued in the state; the first was awarded in April to Bristol’s Hard...

Press Release

Portsmouth gets $19 million to improve High Street

The city is getting $19.3 million in funding from the federal infrastructure bill to improve High Street. On Tuesday morning, local, state, and federal leaders celebrated the funding. The money will help pay to add in landscaped medians and wider...

Press Release

Skanska Seals Virginia Offshore Wind Port Deal

Swedish construction and development company Skanska has penned a contract with the Virginia Port Authority for the redevelopment of the Portsmouth marine terminal for use as an offshore wind staging port.

Press Release

Officials Celebrate New Virginia Development

A 50-unit development is bringing new housing opportunities to downtown Portsmouth, Virginia.

Press Release

Rivers Casino Portsmouth Unveils New Restaurants and Amenities

Roy Corby, general manager of Rivers Casino Portsmouth, unveils restaurants and amenities that will be available when the casino opens in early 2023. (Photo: Business Wire)

Press Release

Virginia is leading in offshore wind – 180 turbines expected to be in service by 2026

VIRGINIA BEACH, Va. (WDVM) — Virginia is leading the way in offshore wind with the recent installation of the first two turbines in federal waters off the coast of Virginia Beach. Over the summer, Dominion finished its installation of two turbines...