Caesars Entertainment has agreed to a partnership with the Eastern Band of Cherokee Indians (EBCI) for the development of Caesars Virginia, which breaks ground in Danville this week.
The operator has also increased the investment into Caesars Virginia to $650m from the originally announced $500m budget in September and has moved the scheduled open date to late 2024, whereas it was previously planned to open in late 2023.
A joint-venture between Caesars, EBCI, and a local minority investor, Caesars notes the resort will be a “tourism engine and economic driver” for Danville and the surrounding area, creating thousands of construction and operational jobs.
Caesars Virginia will include a 500-room hotel and a casino gaming floor with over 1,300 slots, 85 live table games, 24 electronic table games, a WSOP poker room, and a Caesars Sportsbook. Caesars will act as the casino’s manager.
“This venture is a vital opportunity for our nation and our people,” commented Richard Sneed, Principal Chief of the Eastern Band of Cherokee Indians.
“We are excited to be expanding our longstanding and successful partnership with Caesars Entertainment to develop a first-class resort that will be defined by luxury and service that Caesars’ guests have known and come to expect.”
Caesars Virginia will also have a full-service spa, pool, high-quality bars and restaurants, a 2,500-seat live entertainment theater, and 40,000 square feet of meeting and convention space.
Anthony Carano, President and Chief Operating Officer for Caesars Entertainment, added: “We are excited to build a world-class Caesars resort in Danville with the Eastern Band of Cherokee Indians, a valued partner of Caesars Entertainment for more than 20 years.
“Caesars’ diverse collection of destinations across the US is synonymous with unparalleled service, impressive benefits through our Caesars Rewards loyalty program, superstar entertainment talent, and culinary excellence. We will bring these same phenomenal offerings to the Danville region for people to enjoy.”