Va. casinos report $63.1M in August revenues
August gaming revenues for Virginia’s three casinos totaled $63.1 million, according to Virginia Lottery data released in September. Last month, the Bristol Casino: Future Home of Hard Rock temporary casino reported about $15.94 million in adjusted gaming revenues (wagers minus winnings), of which about $13.29 million came from its 905 slots, and the remaining roughly […]
Caesars Virginia — a work in progress
Lots can change over three years and eight months. Back in September 2020, Danville, its industrial development authority and Nevada-based Caesars Entertainment signed a development agreement naming Caesars the city’s preferred gaming operator and outlining the parties’ obligations. Back then, Caesars budgeted $400 million to build its Caesars Virginia resort casino on the Schoolfield [...]
Va. casinos report $62.7M in May gaming revenues
May gaming revenues for Virginia’s three casinos totaled $62.7 million, according to Virginia Lottery data released June 14. Last month, the Bristol Casino: Future Home of Hard Rock temporary casino reported about $15.46 million in adjusted gaming revenues (wagers minus winnings), of which about $12.4 million came from its 891 slots, and the remaining roughly […]
July 2023 Top Five
1 | 36 Virginia companies make 2023 Fortune 1000 Thirty-six Virginia-based companies made Fortune magazine’s 69th annual Fortune 1000 list, and 24 Virginia companies made the elite Fortune 500. (June 5) 2 | Amazon begins HQ2 move-in Amazon.com Inc. began moving employees into the first phase of HQ2, its $2.5 billion […]
Lottery approves Danville Caesars casino’s license
UPDATED: April 26, 4 p.m. The Virginia Lottery Board approved the facility operator’s license for Danville’s $650 million Caesars Virginia casino, which is expected to open in a temporary space on May 15. It’s the third casino to receive state approval, following the Hard Rock casino in Bristol and Rivers Casino Portsmouth in Hampton Roads. […]
Virginia hold ’em
The slot machines are already ringing out in Bristol and Portsmouth, where Virginia’s first commercial casinos opened during the past year. The state’s first permanent casino, Rivers Casino Portsmouth, opened its doors on Jan. 23. Operated by Chicago-based Rush Street Gaming, the resort has 1,148 slot machines, 57 table games and 24 poker tables, as […]
Caesars ups Danville casino investment to $650M
Caesars Entertainment Inc. has once again upped its investment in the forthcoming Caesars Virginia casino and resort in Danville, this time from $500 million to $650 million, while announcing Wednesday that the Eastern Band of Cherokee Indians is now a joint venture partner in the casino project. Plans for the casino include a 500-room hotel, […]