Danville projecting millions in new revenue from Caesars Casino opening
Friday 24 de March 2023 / 12:00
2 minutos de lectura
(Danville).- The Caesars Virginia casino resort has been in the works for over four years and as it inches closer to opening, it's expected to bring in millions of dollars to the city. The partial opening is finally expected by July and with it will be $12.1M in additional revenue.
The new city budget proposal recommends spending some of the new money on schools and economic development initiatives.
City Manager Ken Larking said this is a big deal. "I'm excited about the fact that we are going, as a community we have -- we are going to use this opportunity to help better the lives of the people who live in Danville," Larking said.
When it comes to the new revenue, it will be going to multiple places:
$2.8M will go toward economic development initiatives
$2.5 million to Danville Public Schools
$840,000 would go toward the police department headquarters
$800,000 for blight removal
$467,000 for gang prevention programming
And this $12.1M is just for the next fiscal year.
When the full resort opens in 2024, that number is projected to jump to over $39M in new revenue to the city.
Larking said it's all about building up the community. "I think with this opportunity, you know if we do it right, the people of Danville with reap great benefits," Larking explained. “From the economic opportunity that we're bringing to them, and the great quality of life, and the job opportunities.”
Larking said that their hope is to bring people out of poverty who are suffering in the Danville community. He added that the temporary opening for the casino, expected in July, could come even sooner. He said they're excited to start building that better life for the entire Danville community.
by Jacob Hunziker
Categoría:Casino
Tags: Sin tags
País: United States
Región: North America
Event
ICE Barcelona 2026
19 de January 2026
Merkur Group Shines in Barcelona with Triple ICE Triumph
(Espelkamp/Barcelona).- Merkur Group secures three prestigious international accolades for operational excellence, social commitment, and standout exhibition experience.
Friday 06 Feb 2026 / 12:00
Eduardo Aching: "ICE 2026 was an exceptional event for Konami and its casino partners"
(Barcelona, SoloAzar Exclusive).- Eduardo Aching, Vice President of iGaming & International Gaming Operations at Konami Gaming, reflects on the company’s standout participation at ICE 2026, the strong reception to Solstice 49C and Konami Online Interactive, and the strategic push toward emerging regulated markets and expanded global partnerships.
Friday 06 Feb 2026 / 12:00
Belatra Games Strengthens LatAm Expansion and Innovation Strategy After ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- Kateryna Goi, Chief Marketing Officer at Belatra Games, shares her assessment of the company’s participation in ICE Barcelona 2026, the quality of industry engagement at the event, and the strategic priorities shaping Belatra’s growth in 2026, with a strong focus on Latin America and narrative-driven innovation.
Friday 06 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.