West Virginia Senate committee approves sixth casino

CHARLESTON, W.Va. (AP) - The West Virginia Senate Finance Committee has passed a bill authorizing a sixth casino in the state.

The bill would allow a casino to be built on a "rural resort community" in Pendleton County near the Virginia border.

In order to build a casino, the developers would have to submit plans to build 1,000 home sites and a 150-room hotel. The entire project would have to cost at least $60 million, revised from an initial requirement of $80 million.

Revenue at West Virginia's four racetrack casinos is expected to fall by more than $200 million next year, amid heightened competition from casinos in Ohio, Pennsylvania and Maryland.

The new casino would be built near Franklin, W.Va., and would hope to draw customers from around Harrisonburg and Charlottesville, Va.