New Casino Complex Slated for Development in Virginia
Kick-Starting Battles and Jackpots: Live! Casino and Hotel Virginia
Live! Casino and Hotel Virginia is more than just a gaming destination, it's the pulsating heart of entertainment for the Petersburg community. The undertaking by The Cordish promises a colossal extension to the city's landscape, seas teeming with casino games, and ports for all sorts of revelers.
Unleashing the Gaming Behemoth
Every big venture requires careful planning and due process. Once the license is in hand, the casino complex shall be operational in Petersburg, paving the way for local employment opportunities. The foundation for this larger-than-life project must be laid first, and as the blueprints come to life, the community can look forward to a multitude of job openings.
Boasting a staggering 670,000 square feet, the Live! Casino and Hotel Virginia will not only cater to hard-core casino enthusiasts but also to families and tourists seeking a wide array of leisure activities. The gaming district will feature over 2,000 slot machines, table games, and an impressive 60 live table games, along with a sportsbook where sports fans can let their passions roam.
A luxury hotel housing over 200 rooms, a fitness center, and a resort pool are just a few of the other attractions that make this gem promising for those who seek adventure and relaxation alike. Foodies can indulge in a variety of restaurants and bars that cater to different palates, ensuring a satisfying experience for all. In the initial stages, the project is projected to produce more than 4,000 jobs, including positions for construction and staffing.
The state will benefit from the casino's tax revenue, while the community will prosper from increased tourism and economic stimulation. The Live! Casino and Hotel Virginia promises something for everyone, so come, join in the fun, and let the games begin!
Nevertheless, it's still early days for the project, and it needs a green light to take shape. But once it does, it will indelibly mark Virginia on the gaming map, ushering in an era of excitement, employment, and prosperity for the community.
A Glance at the Future
The Live! Casino and Hotel Virginia project is well underway in Petersburg, offering the following outlook:
- The project's permanent facility is projected to open in 2027, with a temporary casino slated for grandeur by the end of 2025.
- The resort will be situated adjacent to Interstate 95 in southern Petersburg.
- The economic impact of the project is projected to be profound:
- During the construction phase, approximately 6,100 jobs will be created.
- Once the resort is operational, about 1,400 new permanent positions can be expected.
- The resort will feature over 450,000 square feet of gaming, hotel, and dining space, including a 200-room hotel, 1,600 slot machines, and 65 live action table games.
- The project is predicted to bring in $2.8 billion in economic stimuli to the region within the first decade, with $504 million in tax revenues and $201 million in annual economic benefits post-opening.
Penny Parayo serves as the General Manager for Live Casino Virginia, leading the development and operation of this thrilling casino venture. So, buckle up, folks; it's going to be a wild ride!
- The Live! Casino and Hotel Virginia, under the management of Penny Parayo, will offer a vast selection of casino-games, including over 1,600 slot machines and 65 live action table games, catering to both casual and hard-core casino-personalities.
- Asides from traditional casino-games, there will also be a sportsbook for sports-fans to place their bets, adding another dimension to the casino-culture.
- Upon completion, the casino-complex will boast a luxury hotel with over 200 rooms and other amenities like a fitness center and resort pool, providing an unrivaled gaming-and-leisure experience for visitors.
