While a number of issues have been cited by the company, the main one was problems with the supply of equipment.

The casino was set to open in 2023, but Caesars Entertainment officials informed the Danville City Council that the opening date will now have to be pushed back to 2024 instead. “Either way you look at it, for Danville, it is a win-win,” said Saunders.Ĭopyright 2022 by WSLS 10 - All rights reserved.It has been revealed that there are delays with the opening of Caesars Virginia in Danville, with the entertainment giant blaming supply issues. Livingston says these payments will be made in quarterly installments. 2023, Caesars will be required to make a minimum annual payment of $5 million. Livingston also announced that regardless of the pushed opening date, Caesars will still be required to make annual subsidy payments to the city prior to its opening based on a key provision in the development agreement. “After all, no one is more motivated than Caesars to get this off the ground and begin generating revenue for the company and for the community.” “We remain confident that this project will open its doors in 2024 and we will share a revised target opening as soon as we feel like we have the confidence to make that prediction,” he said. Given the challenges, Caesars casino is now slated to open in 2024. “We’re digging up a lot of concrete on that site, and we’re addressing those issues as quickly and efficiently as we possibly can.” Livingston also made note of the site-specific challenges they’ve been faced with, such as being tasked with digging up a hundred years worth of concrete from the Schoolfield property. So, no, I’m not disappointed,” said Sherman. While they would like it to be on schedule, it’s understandable. Regardless, “none of this has altered our commitment to Danville, which remains as strong as ever,” Livingston said.Ĭouncil member Sherman Saunders told 10 News Wednesday that Danville city leaders knew there may be setbacks. He further explained that the general marketwide issues have not only been an issue for Caesars, but for construction projects nationwide.

Danville casino opening date