Caesars reveals plans for $500m Virginia resort

Caesars Entertainment has today shared the official renderings for its upcoming Caesars Virginia property. The $500m casino will begin construction by the end of the year and be located in Danville, Virginia.

The resort will include 500 hotel rooms, a modern casino, Caesars sportsbook, a World Series of Poker room and other entertainment and dining offerings.

The architect for the project is Marnell Companies.

“Caesars Virginia will be an economic driver for the region, both as a tourist and entertainment draw and through the more than a thousand good-paying jobs the resort will create,” said Anthony Carano, president and chief operating officer of Caesars Entertainment. “The people of Danville have entrusted us to build a world-class resort, and we look forward to proving that trust was well founded with an incredible resort worthy of the iconic Caesars brand.”

The project has grown since its initial announcement when the previous budget was under $400m, and plans for the hotel accounted for 300 rooms. Since then, the budget and rooms have increased and a spa, pool and fitness center have been added as well.

The casino will feature 1,400 slot machines and table games as well as a sportsbook for the growing sports betting market within the state.

The WSOP sponsored poker room will feature 25 tables.

“Over the course of the last two years, myself, City Council and staff have taken great care to develop plans, alongside residents and Caesars Entertainment, to create a resort that will positively impact the community through new tax revenue, jobs, partnership opportunities with local businesses and tourism dollars,” said Danville mayor Alonzo Jones, who also served as a co-chair on the Caesars for Danville campaign committee. “We are confident that Caesars Virginia will honor the old Dan River Mills’ Schoolfield site and become a pillar of pride for Danville and its people.”

The property will also feature a 40,000 square foot meeting and convention space, which will hold up to 2,500 guests. During construction, 900 jobs will be created in the local area, and once launched, it’s expected to generate 1,300 jobs.

Caesars expects to open the resort in late 2023.

Source: Gaming America


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