Caesars's clients in Virginia will wait longer as the entertainment firm's casino project was pushed back until 2024. Its officials made the announcement last week as they had earlier stated that they would open the Danville casino in 2023.
Several factors made the gaming operator delay its project, including key supply line disruptions. Also, it took more time to get its construction site ready than it had anticipated. Its officials are still committed to kicking off the project.
Even so, Virginia residents will soon have another gaming option. Hard Rock International is expected to set up its first commercial casino in the state in a few months.
The temporary casino will be its placeholder as it sets up another gaming venue that it plans to launch in 2024. Still, the state has two other ongoing casino projects.
More About Caesar's Casino Plans
Caesars Entertainment was among the five developers that were bidding for a casino project in Virginia. It intends to develop a huge gaming site in Danville, Virginia. Danville voters backed the casinos' plans in last November's ballot referendum.
Reports show that this will be Virginia's most expensive casino project as it is likely to spend $500 million. Caesars Virginia was initially scheduled to launch in Q3 2023 despite also being the largest gaming project in the state.
The casino will offer 75 table games and 1,400 slot machines. Also, it will have a 16-table World Series of Poker (WSOP) Room, and players will access its on-site sportsbook.
The casino's resort section will feature a 500-room hotel, a pool complex, a spa, and many dining options. The company wants to build a 2,500 seats concert venue and a 40,000 square feet space for conferences and meetings.
What Made Caesars Delay Its Project?
Caesars will still complete its casino project but not by its initial deadlines. It recently released a statement claiming that it is struggling to prepare the project site as an old textile mill is currently located there.
The Coronavirus pandemic has caused an acute shortage of construction materials in the country. Caesars is clearing existing structures and is experiencing a shortage of skilled labor.
Virginia's First Casino License
Virginia has several gaming operators that are interested in its casino market, including Hard Rock International and Caesars Entertainment.
The former will launch its temporary casino in Bristol this summer, and it will be the first one in the state. Hard Rock's casino is in a renovated mall that it has redesigned since December.
Hard Rock Bristol is worth $400 million, and it has 90,000 square feet of gaming space. It will have a casino, hotel, and a 3,200-seat performance venue. Also, it will have a 20,000-seat outdoor entertainment space.
What Caesars Virginia Offers
Caesars Entertainment had initially planned to construct a small casino. But it later decided to build 500 hotel rooms, a WSOP room, a bookie, and a casino floor that could accommodate 1,400 slot machines.
Gordon Ramsay, a popular chef, will own a restaurant on the property. Also, it will have a 40,000 square feet convention space that will host 2,500 guests.