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Casino operators report strong local revenue and jobs; warn of threats from skill games and iGaming
Summary
Representatives of Caesars, Hard Rock, Rivers, Boyd, Cordish and others told the subcommittee their casinos have generated hundreds of millions in revenue, thousands of local jobs and community donations — but warned that unregulated skill machines and online gambling threaten jobs and tax bases.
Executives from Virginia’s existing and proposed casinos told the Joint Subcommittee on Gaming that brick-and-mortar properties have produced substantial local economic activity and jobs but that newer, unregulated forms of gambling present a significant threat to those gains.
Caesars, Hard Rock, Rivers and other operators detailed investments, job creation and community donations during a session the committee labeled “Casino Day.” The companies also urged lawmakers to consider enforcement and policy steps on skill games, sweepstakes-style “iGaming” and online advertising that operators said is diverting players and revenue.
What operators said about economic impact
- Caesars Virginia (Danville): Chris Albrecht, general manager, said the permanent Danville facility is “an $800,000,000 property” with a 320-room hotel, convention space and a 2,500-seat showroom. He told the panel the operator expects the city’s fiscal-year allocation tied to gaming to reach $35,000,000 and that the property drove visitation across the…
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