More Information on the Proposed Casino in Danville, VA is Coming Out

Caesars Entertainment Danville Casino With Smoke Stacks

Caesars Entertainment continues to expand its operations around the United States. This week, the company revealed its first look at the proposed casino in Danville, VA. Many are excited to see what this new casino will have to offer its patrons.

It will take time for this property to open its doors. It’s clear that Caesars Entertainment is planning something special. Now is a great time to talk about some of the latest details surrounding this venue.

Let’s get into it!

Caesars Entertainment Releases Details on Proposed Casino in Danville, VA

Officials in the city of Danville, Virginia, have been looking into the possibility of opening a new casino-resort for years. After gaining approval to do so, city leaders began deciding which company should open and operate this casino. Eventually, Caesars Entertainment was chosen.

It seems this is becoming a major focus point for Caesars. The company released its official renderings for this $500 million property to the public this week. It is expected to have 500 rooms, a massive casino floor, a sportsbook, a several-thousand-seat theater, and a convention center.

The $500 million price tag is considerably more than what was initially expected. Caesars now claims it will begin groundbreaking in late 2021. The current goal is to get the proposed casino in Danville, VA opened at some point in 2023. Anthony Carano, President and CEO of Caesars Entertainment, spoke about the impact this casino will have on the city to the media this week.

“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,” Carano said. “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.”

If all goes to plan, this will be the biggest and most luxurious casino in Virginia. Stay tuned for more updates on the opening of this venue over the next few months.

Analysts Expect to See Virginia’s Sports Betting Revenue Increase this Fall

Lawmakers in Virginia seem determined to expand the state’s gambling industry. New casinos are expected to open their doors here over the next few years. That includes the proposed casino in Danville, VA being planned by Caesars Entertainment.

Back in January of 2021, the first regulated sportsbooks launched in this state. Both land-based and online sports betting is now legal and regulated here. The sports betting operators here have seen fluctuating revenue figures since going live.

July proved to be a slow month for this industry. Most analysts expect things to pick up considerably over the fall months, though. This is primarily due to the 2021/2022 NFL season, which officially began last week.

A massive number of bets have already been placed on the season. More are expected to come in over the next few months. This will likely result in millions of dollars for the state of Virginia via taxable revenue.

It’s an exciting time to be a gambling fan in Virginia. Fortunately, many of the other East Coast gambling hubs are also faring very well right now.

New Jersey Reports Large Increase in Year-on-Year Casino Revenue

Virginia is quickly developing a large and profitable gaming industry in the East Coast’s central region. There is no doubt that New Jersey remains the largest casino hub in this part of the country, though. Many of the country’s most popular casino-resorts are currently located here.

New Jersey was one of the hardest-hit cities in the country from an economic standpoint throughout 2020. The casinos here were shut down for much of the year. Fortunately, most are seeing a major turnaround in 2021.

This August is proving to be a successful month for the gambling industry here. Reports have just surfaced showing that year-on-year gaming revenue increased by 31% this August. Total GGR came out to $427.6 million last month.

Casino revenue in the state may begin to fall as the year goes on. Sports betting revenue, however, is expected to rise considerably. We’ll be sure to offer more updates on the revenue reports in this state as the months go on.

Are you excited to hear about the proposed casino in Danville, VA? Let us know in the comments section below!

Virginia’s Casino Laws Gain Approval by State Lottery Board

VA State Flag

Certain lawmakers in the state of Virginia have been looking to legalize sports betting for many years. It now appears that the state is closer than ever to doing so. Reports have just confirmed that Virginia’s casino laws have been approved by the state Lottery Board.

It’s exciting news for casino fans in this state. Many are excited to see the first true gambling venues open their doors here. Today, we’ll talk about the recent progress in launching the first casinos in this state.

Let’s get into it!

Casino Companies Fear a Return of Major Restrictions

The US casino industry faced its toughest test to date back in 2020. All casinos across the country were forced to be shut down in March of last year. It took several months for any of them to begin accepting guests again.

Things have been steadily improving for casinos since the beginning of 2021. Much of this is due to states lifting their various restrictions toward these gambling venues. That includes the removal of the mandatory mask mandate and capacity limits.

Many of the country’s most powerful casino companies are now fearing the return of these restrictions. These companies have noticed the concerning rise in Covid-19 cases around the US. They are also taking note of the new rules being set in place in various states.

Analysts are debating whether or not another mask mandate in Las Vegas will be ordered anytime soon. This city remains the biggest and most profitable gambling hub in the United States. It seems unlikely, yet the decision to order masks will ultimately come down to Nevada’s top leaders.

Not everything is so bleak for this industry. Most casino hubs have been reporting impressive revenue gains over the past few months. It seems likely that this trend will continue, at least throughout the near future.

Several states are now taking a closer look at expanding their gambling regulations to generate more tax revenue. That includes Virginia, which appears closer to legalizing casinos than ever before.

Here’s an Exciting Update on Virginia’s Casino Laws!

The state of Virginia is known for having an unusually strict set of gambling laws. Here, most traditional forms of gambling remain prohibited. That includes traditional Class III casinos, despite the large number of individuals pushing to allow these properties to open their doors here.

There is some progress being made here. Lawmakers in the Senate and House have been discussing the pros and cons of casino legalization. More of these state officials seem to be opening up to the idea of allowing these properties.

This week, news broke that the Virginia Lottery Board officially approved Virginia’s casino laws! It’s a huge step forward and paves the way for real Class III gambling venues to open their doors here. Virginia Lottery Executive Director Kevin Hall released a statement about this news to the media this week.

“The Lottery’s Gaming Compliance Department and Office of General Counsel have been diligently working to set up the regulatory and licensing framework to ensure casino gaming in Virginia is secure and transparent,” he said. “In this role, we see the Lottery as the public’s watchdog, confirming that the law and regulations are followed, and the integrity of casino gambling is protected.”

These rules will now be sent to the Governor’s office. If given the green light here, these rules will undergo a 60-day public comment period. It’s here that Virginia’s residents can voice their opinion of allowing casino gambling in the state.

Virginia seems closer than ever to getting its first real gambling properties up and running. We’ll be sure to offer more information on this situation over the next few weeks!

Sports Betting Proves to Be a Major Hit in Virginia

It’s clear that Virginia is expanding its gambling industry at a rapid pace. Sports betting officially became legal here at the beginning of 2021. It instantly became a major hit and has been helping to bring the state an impressive amount of revenue each month.

This week, reports surfaced showing how much money the state’s sports gambling industry brought in during the month of June. Approximately $234.9 million was bet on sports in this state during that month. This brings the total handle throughout 2021 above $1.3 billion.

Basketball remains the most popular sport to bet on in this state. More than 30% of all sports wagers made here were done on the NBA. Some feel that the beginning of the upcoming 2021/2022 NFL season could change that trend, though.

NFL betting is, overall, the most popular form of sports betting in the country. The upcoming season is expected to be a good one and it seems likely that a huge number of individuals in Virginia will bet on how the action unfolds. This could further help to boost sports gambling revenue in the state.

Casino gambling will likely be extremely popular here, as well. There are clearly a large number of passionate gamblers in Virginia right now. Stay tuned for more news on the road to legalize Class III casinos here over the next few months!

Are you surprised to hear that Virginia’s casino laws have been approved? When do you expect the first casino to open here? Let us know in the comments section below.

3D Model of Hard Rock Bristol Unveiled For Public View

Hard Rock International Logo
Officials of the proposed Hard Rock Hotel & Casino in Bristol unveiled to the public on Thursday the architectural 3D model of the project which will be built on the former Bristol Mall property. The model will be on display to the public at the former Bristol Mall from September 17-19, 2020.

The project is being spearheaded by local business leaders led by Jim McGlothlin, CEO of The United Co. and Clyde Stacy, the president of Par Ventures and owner of the 46 acre property where the proposed casino and hotel will be built. Florida-based Hard Rock who will manage the facility.

More Than Just A Casino

According to Hard Rock International Senior Vice President of Business and Casino Development Sean Caffrey said that the project will cost upwards of $350M. He emphasized that the development is more than just a casino. As the 3D model revealed, there is a hotel with a rooftop bar and a cabana flanked resort pool.

Seven restaurants and four bars are being planned for the project. Retail shops will also be an attraction while there are other areas like a sports betting shop, golf simulators, and a racing facility for children.

The other side of the property is a huge concert venue for big-name acts. Caffrey said that they’re thinking of something like the Hard Rock Live concept which would have a 3,200-seat capacity for indoor entertainment with a dual-sided stage that opens up to an amphitheater which can accommodate 20,000 people in an outdoor setting

Perk Up The Economy

Before it can be built, the project has to be approved by a public referendum on November 3rd. If the project is approved after the November 3 vote, licensing will follow and that is expected to take three to six months to complete. Once it has obtained a license, the project could take up to two years to complete. Caffrey noted however that entertainment and dining options could be offered at a temporary facility after 90 to 100 days after the licensing period.

The Hard Rock project comes to Bristol at a time when the economy is bleeding due to the COVID-19 pandemic. While the long-term benefits, including a $15M annual tax revenues for Bristol, won’t be there until the project is completed, the construction will help perk up the local economy. Construction costs are expected to directly impact up to $20M to the city and it’s going to provide 2,000 direct jobs as well.

Proposed Casino Resort in South Richmond Awaits Public Approval

Downtown Richmond Virginia VIRGINIA — A forum organized Thursday by councilwoman Ellen Robertson, including a Pamunkey Indian Tribe representative and Richmond leaders, has been set up to give Richmond residents from the 6th district the opportunity to learn more the proposed casino resort that the Pamunkey Tribe are hoping to make a reality in the state’s capitol.

Thursday’s forum will include leaders from the civic and community realms, including Robert Gray, Tribal Government Chief of the Pamunkey Indian Tribe, William Smith, Richmond’s Police Chief, Mark Olinger, director of Richmond’s Department of Planning and Development Review, and Leonard Sledge, director of Richmond’s Department of Economic and Community Development.

The meeting is scheduled to run for two hours, from 6 p.m. to 8 p.m. local time, and will be held at the Bellemeade Community Center.

Casino Details

The Pamunkey Tribe wants to bring a ‘world-class’ resort and casino, a $350 million investment, to Richmond’s Manchester neighborhood.

Four parcels of land on the city’s Southside are either under contract by the tribe or have been purchased by them. The tribe plans to develop the mega resort off Ingram Avenue and Commerce Road, where three parcels of land, totaling 36 acres, are available for their use.

The fourth parcel of tribe-affiliated land is 13-acres worth and located off Jefferson Davis Highway, near Walmsley Blvd. According to the tribe, they would use this off-site parcel property initially as a workforce training facility. Once hiring for the resort is complete, the Jefferson David property will then serve as a beneficial space for the surrounding community, possibly a health clinic or grocery store.

The resort and casino is planned to have a four-diamond, 275-room hotel tower offering ‘stunning views of the James River and Downtown.’ A spa and fitness center, and pool are among the featured amenities. There will also be several exciting dining options, including a luxury steak and seafood restaurant, a sports bar and grill, a buffet, and food court.

“We are very excited about our plans to bring a great resort and casino to Richmond,” said Robert Gray, Chief of the Pamunkey Indian Tribe. “Not only does this help fulfill the government’s intent to use gaming to help us secure our future, but it will also be a great economic boost for the City of Richmond and its citizens.”

Legalized Casino Gambling in Virginia

Currently, Virginia doesn’t allow tribal casinos or commercial casinos, and the state hasn’t been able to be easily budged when it comes to their stance on the issue, but that’s starting to change recently. With legalized gambling becoming more streamlined throughout the country, it’s making Virginia take a close, hard look at how it could benefit their state.

In the beginning of February, the bill to legalize commercial casinos in the state was approved by the Senate General Laws and Technology Subcommittee on Gaming. Next to follow-suit are state officials, with a majority of them thus far giving the green light.

Resident approval will be the last important, crucial piece of the legalization puzzle. If the majority of voters give their approval, the Pamunkey Tribe’s envisioned casino could become a reality, as well as other casino venues in the state.

Officials Raise Concerns About New Casino in Norfolk, VA

For years, the Pamunkey Tribe of Virginia has discussed plans to open a casino. Recently, the tribe agreed to pay $10 million for a plot of land in Norfolk, where the proposed casino will be constructed. This week, several Virginia city officials raised their concerns over the plans to construct a new casino in Norfolk.

Virginia Sign

There are still several steps the Pamunkey Tribe needs to take before this casino will be approved. Today, we’re going to look at what we know about these casino plans so far. We’ll also look at why officials are hesitant to approve the plans.

Pamunkey Tribe Eager to Open Their First Casino

The Pamunkey Tribe is one of 11 Virginia Native American tribes. It’s the first federally-recognized tribe in the state. For years, heads of this tribe have pushed hard to open a casino venue. Unfortunately, Virginia has a restrictive set of gambling laws that bans full-scale casinos from operating.

Interestingly, the state does allow certain forms of casino-style games. Today, there are several gambling venues in Virginia that offer electronic slot-style games. These machines have grown extremely popular in the state and have generated major revenue.

Earlier this year, several Virginia lawmakers presented a new bill to significantly expand the state’s gambling operations. If approved, traditional casino games such as table games and slot machines will be fully legalized. It will be until 2021 until these plans are officially set into law.

That isn’t stopping the Pamunkey Tribe from working to have casino plans approved. Earlier this month, the tribe agreed to pay $10 million for a plot of waterfront land in Norfolk. The tribe has also presented plans to construct a massive $700 million casino-resort in this city.

Unfortunately, several city officials are raising their concerns with a new casino in Norfolk opening its doors.

Councilmembers Weigh Pros and Cons of New Casino in Norfolk

For many, the idea of a fully-operating casino in Norfolk is extremely exciting. It’s clear that a casino would help to generate revenue earnings for the city. Others worry about the impact it will have on emergency services, local businesses, and crime.

In an official city meeting on Monday, councilmember Andria McClellan raised several questions. She wants to know exactly how much the city will receive in tax revenue. She’s also pointing out the fact that no study has been conducted on exactly how much money a casino here will generate, and what the impact will be on city residents.

Several studies on these matters are being conducted, yet the results will not become available until after the council votes on whether or not to approve the tribe’s purchase of the land tonight. Councilman Tommy Smigiel states that the council is taking this decision very seriously. He’s taking public opinion into account.

Many Norfolk residents are unhappy with the decision to open a casino in the city. Civic League secretary Lorraine Connaughton believes the public simply doesn’t have enough information to make a decision.

“It really came across as people were skeptical … and that they were being railroaded on a deal that they quite frankly don’t have enough information on,” she said. 

We’ll need to wait and see how the city council decides to approach the plans to construct a new casino in Norfolk.

Gambling Options Available in Virginia Right Now

As we mentioned earlier, Virginia has a set of restrictive laws towards the gambling industry. That doesn’t mean it’s impossible to play your favorite casino games in this state. Today, there are several fantastic VA online casinos that are available to residents. Most of them offer a huge range of different gambling options.

Lawmakers in Virginia have not yet taken steps to regulate the online casino industry. Unlike several states such as Delaware and New Jersey, Virginia has set no direct laws on internet casino sites. Interestingly, more people in Virginia are choosing to play at US casino sites every month.

The state of Virginia appears very close to allowing traditional land-based casinos. Before long, lawmakers here may also choose to regulate internet casinos. States with state-regulated online casino platforms are earning millions of dollars a month by taxing these websites’ earnings.

Over the next few months, we’ll see whether or not the new casino in Norfolk will be approved. Perhaps in time, several brick and mortar casinos will begin opening around the state.

Make sure to stay tuned for more Virginia casino news!

Lawmakers in Virginia Said Yes to Casinos!

Virginia is on the brink of entering a new era by legalizing casino gambling in the state. That would be a huge step forward for this state as it could bring many new potential streams of revenue and attract thousands of tourists.

Last Saturday, the General Assembly approved a gambling bill which allows the construction of casinos in a couple of areas in Virginia. There’s only one thing that is left before the construction can begin, and that is the signature of the governor of Virginia, Ralph Northam.

That doesn’t seem to be a problem for the governor, as he already stated that he was willing to sign everything needed for the construction to begin. In other words, if he didn’t change his mind in the past couple of days (which is highly unlikely), it seems that Virginia is about to legalize gambling and begin building casinos. The reason why the governor supported this bill was his intention to create more income, and, above all, more jobs for the people of Virginia, especially in those areas of the state that are currently suffering from huge deficits.

The bill is called Substitute Senate Bill (SSB) 1126, and it did not have trouble making it through both the House and Senate. According to this bill, casinos are going to be built in Bristol, Danville, and Portsmouth. However, these three cities would still have to approve building the casinos on their land, and it seems that the residents of those cities are going to decide whether they are ready to accept a casino. Furthermore, according to the bill, two additional places can be included for building casinos—Norfolk and Richmond—which are mainly targeted by Pamunkey Indians who want to build tribal casinos in those areas.

Virginia Is One Step Away from Building Casinos

Virginia has had its ups and downs when it comes to gambling, as there were many attempts to offer a gambling market, but none actually succeeding as much as SSB 1126. In other words, it seems that they have made huge progress since all the previous attempts have failed. However, before everything is approved, the Legislative Audit and Review Commission of Virginia will have to conduct a couple of studies which are related to possible impacts on society and economy that casinos could have in this state. The latest findings are expected to be published by November 1, which is the time when the whole thing can move forward.

The Virginia Lottery Board will be the body responsible for rules and regulations in the casinos of this state. They are expected to begin working on the rules by January 1, 2020, and present them by June 30, 2020. A day after that, the board is expected to meet and decide who would get the licenses for building and operating the future casinos of Virginia. When it comes to the taxes proposed by the bill, it seems that Virginia would take 13-15% of the total gambling revenue.

Finally, the bill also introduced the self-exclusion program for the people who show signs of addictive behavior. They will be able to pull themselves away with this program, which would help them overcome their problem.

One could argue that Virginia is very close to hosting a couple of casinos, but there are these extra steps that need to be taken so that they can be completely approved by everyone. However, it seems that this time they are about to succeed in their effort.  Having casinos in the state is sure to boost the economy and attract many new people, which will help the tourism market.  There’s no set timeline for when the potential new casinos might be open for business, but there’s sure to be a push to get them built quickly so that the state can begin capitalizing on them.