Caesars Entertainment has announced the Eastern Band of Cherokee Indians (EBCI) as a joint venture partner for its new land-based casino development project in Virginia.
Work on the new Caesars Virginia casino in Danville will begin this week, with the entire development expected to cost $650m.
Caesars said the full-service entertainment facility, which is scheduled to open in late 2024, will create thousands of construction and operational jobs.
Facilities at Caesars Virginia will include a 500-room hotel and a casino gaming floor with more than 1,300 slot machines, 85 live table games, 24 electronic table games, a WSOP poker room and a Caesars sportsbook.
The resort will also feature a spa, swimming pool, bars and restaurants, a 2,500-seat live entertainment theater and 40,000 square feet of meeting and convention space.
Caesars will serve as the manager of the casino, while the operator, along with the EBCI and a local minority investor to serve as partners in the joint venture.
“This venture is a vital opportunity for our nation and our people,” EBCI principal chief Richard Sneed said. “We are excited to be expanding our longstanding and successful partnership with Caesars Entertainment to develop a first-class resort that will be defined by luxury and service that Caesars’ guests have known and come to expect.
Caesars president and chief operating officer Anthony Carano added: “We are excited to build a world-class Caesars resort in Danville with the Eastern Band of Cherokee Indians, a valued partner of Caesars Entertainment for more than 20 years.
“Caesars’ diverse collection of destinations across the US is synonymous with unparalleled service, impressive benefits through our Caesars Rewards loyalty program, superstar entertainment talent and culinary excellence.”