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Greenbrier casino license renewed in West Virginia under financial watch

The West Virginia Lottery approved continued operations after an independent review, while requiring quarterly financial updates tied to the resort’s refinancing process.

2 min read
west-virginia-greenbrier
Key Points
Greenbrier’s casino license was renewed before its July 1 expiry
The resort will face quarterly financial reviews while debt refinancing remains unresolved
The decision follows wider litigation over control of the Justice family-owned property

The West Virginia Lottery has renewed the Greenbrier Resort casino license, allowing gaming operations to continue at the White Sulphur Springs property while placing the resort under closer financial monitoring. 

The decision followed consultation with an independent auditing firm after the casino’s latest financial report was filed late, working capital was described as below preferred levels and the resort experienced turnover within its finance department.

Lottery officials were told the Justice family ownership group had more than $500m in total available assets, while the West Virginia State Tax Division stated the resort was in good standing.

Brown Edwards Audit and Consulting Member, Chris Lambert, said: “I have no reservations about recommending that they be relicensed, but I would recommend that they go on watch until they have their debt refinanced.”

The renewal comes as the Greenbrier remains tied to a legal dispute over resort debt. Affiliates linked to TRT Holdings, parent of Omni Hotels, acquired debt connected to the property and have sought court intervention over control of the resort.  

The Justice family has opposed the move, alleging an improper effort to seize the property.

The Greenbrier was bought out of bankruptcy by Jim Justice and his family in 2009. Justice, now a US Senator, has faced wider scrutiny over business debts, tax claims and refinancing efforts involving resort-linked assets.

For West Virginia regulators, the license decision keeps the casino operating while shifting oversight toward recurring financial checks.

The Greenbrier is one of the state’s licensed casino properties, alongside racetrack casinos, and appears in Lottery Commission matters covering promotional credit and table-game limits for the July 1, 2026 period.

The quarterly review condition means the casino’s licensing position remains connected to the broader refinancing process rather than being treated as a standard annual renewal.

In April 2026, Caesars Entertainment expanded its Caesars Racebook pari-mutuel platform into West Virginia and Wyoming earlier this year, extending its horse-racing wagering footprint across 10 US states.

Good to know

The Greenbrier’s casino license was set to expire on July 1 before the Lottery Commission approved renewal with additional monitoring

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