Caesars’ new Virginia casino a step closer
Danville City Council has given the initial go-ahead to a new casino from gaming giant Caesars Entertainment.
US.- Danville City Council has approved a performance agreement with Caesars Entertainment, bringing the company a step closer to building a $400m new resort in the Commonwealth of Virginia.
The proposed site will include a casino, at least 300 hotel rooms, a spa, theatre, convention space, bars and restaurants. It is expected that the facility could bring in around $20m in tax revenue by the end of its third year.
Although Caesars now has the city council’s approval, the project will still need voters’ consent, which is due to be tested on US election day, November 3.
If voters agree, the project could bring 1,300 jobs to the local community.
The potential new casino in Danville is not the only gaming activity afoot in Virginia. The state is also in the process of drawing up regulations for sports betting, which was approved by lawmakers in July.
