Danville is gearing up for a major boost to its economy as the permanent Caesars Virginia casino prepares to open its doors on Tuesday. City officials expect the new facility to generate an impressive $32 million in annual revenue, continuing the momentum created by the temporary casino that has been operating since May 2023.

The temporary casino, which served as a precursor to the new facility, brought in $29 million in gaming taxes and revenue through October 2024. This revenue has been a game-changer for the city, funding important projects such as the new police department headquarters and contributing to a wide array of community initiatives.

Economic Growth Fueled by Gaming Revenue

Danville City Manager Ken Larking emphasized the significant impact the temporary casino has had on the local economy, fueling growth and providing vital resources for the city’s development. “Education, workforce development, economic development, economic opportunity, investments in infrastructure and parks and recreation,” Larking said. “All the things that, if you do it right, will produce their own long-term benefits for the community.”

With the permanent casino set to ramp up operations, the city is poised to see even more substantial economic benefits. The $32 million in expected yearly revenue will likely continue to support critical projects and foster further investment in local infrastructure and community services.

Caesars Virginia: A Long-Term Investment

As the grand opening approaches, there is palpable excitement surrounding the new Caesars Virginia casino. Operated by Caesars Entertainment and backed by the Eastern Band of Cherokee Indians, the permanent facility promises to be a cornerstone for economic growth in Danville for years to come. Local officials are hopeful that the casino will provide not just financial returns but also create more jobs, attract tourism, and enhance the region’s overall livability.