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The Danville City Council met May 8th to review the casino amendments submitted by Caesars. The construction costs for Caesars Virginia in Danville have risen from an initial estimate of $400 million in 2020 to over $750 million today. As a result, Caesars requested some changes to its development agreement with the city.
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The full council’s approval went against local Bronx Councilwoman Kristy Marmorato, who called the project a “bad proposal” in a “disgraceful process” before voting against it. Such political disagreements have not been uncommon for the saga surrounding three pending downstate casino licences. Adams’ decision to submit a message in support of the project on Wednesday was not influenced “whatsoever” by Trump, the mayor’s office told City and State NY.
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The announcement followed the Virginia Lottery Board’s decision this week to issue a gaming license to the casino, the third casino license in the state. Danville Casino, the Future Home of Caesars, will open today May 15, 2023. This temporary casino will operate 24/7 at 1100 West Main St. in Danville until the full-scale Caesars Virginia opens in late 2024. Construction of the permanent Caesars Virginia began in August 2022. The 12-story hotel structure of steel and concrete has been completed, and windows are being installed on the first six floors. Similarly, the casino floor is poured and the casino’s steel structure is completed.
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