After its $400 m casino resort construction received the green light from voters in the Danville area of Virginia, Caesars Entertainment promises to fulfil “the trust the voters have placed in us.”
The ‘Caesars For Danville’ referendum campaign and committee were subsequently launched after receiving unanimous approval from Danville City Council earlier in the year.
The company vowed to create 900 construction jobs and 1,300 operating jobs through the company’s Caesars Virginia subsidiary, in addition to bringing a $20 m upfront payment to the city, $38 m in new annual tax revenue, and a more than $400 m investment in the Dan River area should the green light be given.
The resort will have at least 300 hotel rooms, a full-service spa, a swimming pool, a casino gaming floor, a 2,500 live entertainment theatre, a meeting and conference area of 35,000 square feet and a variety of bars and restaurants.
The operator indicated an intention to break ground in late 2021 or early 2022, upon disclosure of initial construction plans. The goal of the project is to turn Danville and the region ‘s old Dan River Mills Schoolfield site and build a tourism engine.
Caesars Entertainment CEO Tom Reeg expressed appreciation for the confidence shown in the company: “Caesars Entertainment thanks the voters of Danville for their support of the referendum that will bring Caesars Virginia to Danville. We look forward to fulfilling the trust the voters have placed in us by bringing 1,300 good paying jobs, tourism dollars and economic development to the city, and we are incredibly excited to begin construction.
“We’d like to offer our sincere thanks to all of our supporters, especially the city of Danville team, our campaign steering committee, campaign committee co-chairs Delegate Danny Marshall, Mayor Alonzo Jones, Dr Tiffany Franks and Tammy Wright-Warren, campaign director Steven Gould, Josh Norris, and the entire campaign staff.
“We would also like to express our deep gratitude to the many respected business owners and citizens who shared the positive impact this resort will bring to the community with their customers, friends and neighbours. We are pleased to be welcomed into the Danville community and look forward to a long and successful future.”
In three other Virginia cities, the decision to allow casino gaming has also been made, with Norfolk, Bristol and Portsmouth also giving the nod. The Pamunkey Indian Tribe, Hard Rock International and Rush Street Gaming, respectively, will be operating partners in these developments.