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Construction of Caesars casino and hotel in Danville, Virginia will be completed late this year. Due to higher costs, Danville City Manager Ken Larking says the size of the hotel has been reduced from the original plan of 500 rooms down to 320 rooms. An estimated million people visited Danville Casino over the past year, which exceeds the planning estimates.
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Similarly, the casino profits have exceeded expectations and provided higher revenues to the city. Danville City Manager Ken Larking said the city’s casino revenues are well over its $13 million budget. Next year Caesars Virginia will replace the Danville Casino, and the city is budgeting for $25 million in revenues. The exterior of the hotel tower is near completion with installation of floor-to-ceiling glass windows. The exterior of the casino and restaurants is also near completion. The $750 million casino resort is owned by Caesars Entertainment and the Eastern Band of Cherokee Indians in North Carolina.
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