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Goodyear to cut 850 jobs in Danville
About 850 jobs will be cut by the end of the year at Goodyear’s tire manufacturing facility in Danville, according to a document the tiremaker posted Tuesday. The Goodyear Tire & Rubber Co., which is headquartered in Ohio, reached an agreement on Jan. 30 with the United Steelworkers union “to reduce the company’s production capacity […]
Va. casino revenue rose 32% in 2024 over previous year, lottery reports show
The house always wins, Virginia’s three casinos proved in 2024, raking in nearly 32% more in adjusted gaming revenues than in 2023. Some of the gains are related to the fact that Danville’s Caesars Virginia opened its temporary facility midway through 2023 and was in operation throughout 2024. According to data provided by the Virginia Lottery […]
Hundreds pack into Caesars Virginia on opening day
Hundreds of people descended upon Danville’s Main Street Tuesday to celebrate the opening of the $800 million Caesars Virginia, the third permanent casino to open in the state. Caesars didn’t shortchange on spectacle for the first day. A faux Roman legionary struggled to climb out of a Rolls-Royce to join Vegas-style showgirls and others for […]
Amid financial concerns, Averett University names new leadership
Averett University announced Wednesday that its board has appointed David Joyce as its 15th president. Tiffany Franks, who has served nearly 17 years as president of the Danville private university, will retire Jan. 5, 2025. The leadership change comes following months of headlines about the school’s financial woes and cost-saving measures like staff furloughs and […]
Caesars delays Danville casino’s opening by 5 days
The $750 million Caesars Virginia resort in Danville will host grand opening festivities on Dec. 17 instead of Dec. 12 as previously announced, Nevada’s Caesars Entertainment announced Friday afternoon. On hand will be retired Chicago Bulls basketball star and five-time NBA champion Dennis Rodman, who will lead a parade of race cars supplied by Virginia […]
Van maker repays state grant after Pittsylvania layoffs
Morgan Olson has paid back a $500,000 Virginia Port Authority grant after the Michigan-based manufacturer of walk-in step vans failed to employ an agreed-upon number of workers at its facility at the Cane Creek Centre Industrial Park in Pittsylvania County. It’s not the jubilant future economic developers had envisioned when celebrating the company’s October 2019 […]
Pittsylvania megasite wins $1.3B battery separator project
Tennessee-based Microporous will invest $1.3 billion to build a battery separator manufacturing facility at the Southern Virginia Megasite at Berry Hill in Pittsylvania County, Gov. Glenn Youngkin announced Nov. 13. The company expects to create 2,015 jobs. The megasite’s first tenant, Microporous will develop Lot 1 at the park in two phases, with each phase […]
Pittsylvania megasite wins $1.3B battery separator project
Tennessee-based Microporous will invest $1.3 billion to build its battery separator manufacturing facility at the Southern Virginia Megasite at Berry Hill in Pittsylvania County, Gov. Glenn Youngkin announced Wednesday. The company expects the project to create 2,015 jobs. The megasite’s first tenant, Microporous will develop Lot 1 at the park in two phases, with each […]
Caesars Virginia casino sets opening date
The Caesars Virginia resort casino in Danville will open Dec. 12, Nevada’s Caesars Entertainment announced Thursday. A $750 million, 587,000-square-foot casino and resort hotel in Danville’s Schoolfield neighborhood, the permanent casino will replace the temporary Caesars casino that opened nearby in May 2023. According to Thursday’s announcement, the new casino — which will be[...]
Va. casinos report $56.56M in September revenue
Gaming revenues for Virginia’s three casinos totaled $56.56 million in September, according to data the Virginia Lottery released Tuesday. Last month, the Bristol Casino: Future Home of Hard Rock reported about $14.09 million in adjusted gaming revenues (wagers minus winnings), of which about $11.68 million came from its 905 slots and about $2.4 million from […]
Gordon Ramsay to open restaurant at Caesars Virginia
Cantankerous celebrity chef Gordon Ramsay plans to open a restaurant called Ramsay’s Kitchen at the $750 million Caesars Virginia casino in Danville by the end of 2024, the casino resort announced Tuesday. “Caesars Virginia sets the standard for approachable luxury, and I’m so proud to open my first [Virginia] restaurant here inside this beautiful resort,” […]
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 […]
