West Virginia Lottery approves Greenbrier casino licence under new ownership
The West Virginia Lottery Commission approved The Greenbrier's casino licence under a new ownership structure, according to the report. Kennedy Lewis Investment Management holds a 51% stake in Greenbrier Holdco, while Senator Jim Justice and his family retain 49%. The change followed a transaction structured as a loan and joint venture.
The approval establishes the ownership structure under which The Greenbrier's casino will operate.