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Similarly, the casino profits have exceeded expectations and provided higher revenues to the city. Danville City Manager Ken Larking said the city’s casino revenues are well over its $13 million budget. Next year Caesars Virginia will replace the Danville Casino, and the city is budgeting for $25 million in revenues. The exterior of the hotel tower is near completion with installation of floor-to-ceiling glass windows. The exterior of the casino and restaurants is also near completion. The $750 million casino resort is owned by Caesars Entertainment and the Eastern Band of Cherokee Indians in North Carolina.
The two partners have a 20-year relationship in the operation of the two Cherokee casinos in North Carolina. EBCI and Caesars will share ownership of the Danville casino. Site preparation is underway at 1100 West Main St. in Danville, Virginia, where grading equipment is now seen daily in the early construction stage of Caesars Virginia casino & resort.
CONSTRUCTION STATUSCaesars Virginia’s construction has been underway since August 2022. The casino foundation and basement are poured, as well as the loading dock and back-end areas. Construction of the hotel tower is underway on the third floor. Prior to the Danville casino partnership, Caesars and the EBCI have shared a 27-year relationship with other casinos.
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