Chris Albrecht

Caesars’ Temporary Casino Generates $222M in Gaming Revenue Since Opening Last Year

Published

6 months ago

May 29, 2024

GamingAmericas.com

caesars’-temporary-casino-generates-$222m-in-gaming-revenue-since-opening-last-year

The temporary Caesars casino has generated $222 million in gaming revenue since opening last Year.

Meanwhile, construction continues on the permanent casino right next door.

Danville has received nearly $20 million of that as part of their agreement – $7 million more than expected.

“We figured it would be more, but we didn’t know it was gonna be this much more. That’s all great, actually, because it’s a temporary facility. It’s in a tent. They don’t have near the number of games that they would have in the full casino,” said Ken Larking, Danville City Manager.

European Gaming Congress 2024 (Warsaw, Poland)

Larking says the money is going toward neighborhood parks, school improvements, economic development and more.

“We want to invest in what would grow our city including more businesses, more opportunities for jobs, better quality of life, better recreational amenities, better education, workforce development, those are the kinds of things that we’re investing in,” Larking added.

General Manager Chris Albrecht says the temporary casino sees around 100,000 visitors per month. He expects that number to grow substantially once the permanent casino opens.

“That’s really going to bring a lot more customers from further away when we have all the offerings from the hotel, the restaurants, the entertainment meeting space, the pool, and the spa. It’s going to drive visitation from even further and further away. So, we’re really excited to move next door here in the next few months,” Albrecht said.

Their current staff will also jump from about 400 people to around 1200.

“Those jobs are number one and that incremental revenue to the city will help support existing businesses and hopefully new investment into this market as well,” Albrecht said.

They say the permanent casino is still on track to open by the end of the year.

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Barron Fuller

Caesars Virginia Opens Dec. 12, 2024

Published

1 week ago

November 14, 2024

GamingAmericas.com

Caesars Virginia announced that its highly anticipated opening date will be Thursday, Dec. 12, 2024. The resort will welcome its first guests beginning at noon. Additional details on the opening festivities will be announced at a later date.

Caesars Virginia is a 587,000 square foot casino resort with more than 90,000 square feet of gaming space, including nearly 1500 of the newest, most exciting slots, 79 live-action table games, 48 electronic table games, a WSOP poker room, and Caesars Sportsbook. Additionally, Caesars Virginia is also home to a 320-room hotel tower, 50,000 square feet of meeting and convention space that also serves as a 2500-seat live entertainment venue, full-service spa, pool and a wide variety of dining, including the recently announced Ramsay’s Kitchen by multi-Michelin-starred chef and television personality Gordon Ramsay and the 500 Block Food Hall by local developer Rick Barker and local restaurateur Steve Parry, as well as multiple bars and lounges.

Caesars Virginia is also part of the expansive Caesars Rewards network. Caesars Rewards members earn and redeem Reward Credits at any of Caesars Entertainment’s 50+ properties, including destinations in Las Vegas, Atlantic City, and Lake Tahoe.

“We have worked diligently on creating a world-class resort that will offer all the luxurious and modern amenities expected from Caesars that will also serve as an economic driver for Danville and the surrounding region through employment and tourism. We’re so proud of Caesars Virginia and look forward to welcoming guests on Dec. 12,” said Barron Fuller, Regional President for Caesars Entertainment.

“Our property started out with just over 400 Team Members when the temporary facility opened last year, and we are on track to hire more than 1200 by the time we open our doors in December. Through numerous hiring events in the region, training at facilities in Danville and overall support from local and state leaders as well as the business community, we are prepared to continue delivering the Family Style Service that Caesars is known for to our guests in the new, beautiful, destination resort,” said Chris Albrecht, Senior Vice President and General Manager of Caesars Virginia.

“Our partnership with Caesars Virginia marks a significant milestone in the region’s growth, creating jobs and economic opportunities that will benefit both Danville and surrounding communities. The Eastern Band of Cherokee Indians is proud to be a part of this exciting new chapter, as this resort represents an impressive investment in hospitality and entertainment. We look forward to building stronger ties within the region and seeing the positive impact Caesars Virginia will have, providing opportunities and experiences that honor the unique spirit and diversity of this area,” said Principal Chief Michell Hicks of the Eastern Band of Cherokee Indians.