West Virginia’s Greenbrier Casino Gets Last-Second License Extension

Grant Mitchell
By: Grant Mitchell
Financial News
Greenbrier Casino Receives Last-Second Extension

Photo by Wikimedia Commons, CC by-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0/)

Key Takeaways

  • The casino was supposed to provide its paperwork in late March
  • An attorney claimed that the casino had experienced a large staff turnover in its financial department
  • Regulators held an emergency meeting to approve the license extension

The Casino Club at The Greenbrier in White Sulphur Springs, West Virginia, is set to remain open after finally complying with a state audit.

The Greenbrier’s last-second move allowed it to become compliant with state regulations, thereby leading to a renewal of its gaming license.

West Virginia’s gaming regulators held an emergency meeting conference call on Tuesday, which concluded with a renewal of the license.

Greenbrier finally receives license extension

The Parkersburg reported that state gaming regulators, part of the West Virginia Lottery, stalled renewing the license due to missing financial documents that weren’t received by the March 20 deadline.

Regulators on June 27 voted not to approve the casino’s license until the appropriate paperwork was provided. Steve Ruby, an attorney representing the Greenbrier, told the Lottery Commission last week that the resort had experienced significant staff turnover in its finance department that had prevented it from submitting the financial statements on time, WV Metro News reported.

That’s now water under the bridge, as the Greenbrier was approved to continue hosting casino options, including slot machines, live-dealer table games, and more.

“I’m glad that we’ve come to a good decision and move forward with this and have no impact on the people of West Virginia that are familiar and take part in the Greenbrier’s activity,” Lottery Commission Chairman Kenneth Greear said.

State-enforced casino regulations require that “historic resort hotels” like the Greenbrier supply the Lottery Commission with audited financial statements before license renewals every five years.

The Greenbrier is also required to pay $25,000 to the Lottery Commission to cover the costs of regulation.

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The Greenbrier

Not out of the woods yet?

Submitting the documents this week was crucial for the Greenbrier, which was set to lose its license on Wednesday. 

The Greenbrier is known for its luxury campus and history, having welcomed more than two dozen presidents during its days. However, the property had also fallen on hard times.

Coal tycoon Jim Justice, now a Republican Senator, purchased the property out of bankruptcy in 2009. Alongside that purchase, Justice led a local referendum that eventually resulted in the Greenbrier being allowed to offer casino attractions.  

The casino is now a critical part of the property’s economic funding. Inside, customers are treated to over 160 slot machines, 31 table games, and a FanDuel Sportsbook.

A connection to the property’s rich history is still maintained with a strict dress code. 

Despite all of that, the casino is once again facing financial issues. Justice and his family, who still own the casino, are fighting more than $300 million in debt.

The casino was still profitable in 2025, generating $15 million in revenue and $6.9 million in net income. 

Grant is an industry news expert who covers legislative news, financial updates, and general industry trends. As a veteran of the gambling industry, Grant has experience in the world of casinos, sports betting, and iGaming. As a former long-distance runner, he knows a thing or two about persistence and consistently holding himself to a high standard.

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