{"id":80492,"date":"2024-06-11T16:34:13","date_gmt":"2024-06-11T16:34:13","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2024\/06\/11\/caesars-virginia-casino-taxes-provide-city-workers-pay-raises\/"},"modified":"2024-06-11T16:34:13","modified_gmt":"2024-06-11T16:34:13","slug":"caesars-virginia-casino-taxes-provide-city-workers-pay-raises","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2024\/06\/11\/caesars-virginia-casino-taxes-provide-city-workers-pay-raises\/","title":{"rendered":"Caesars Virginia Casino Taxes Provide City Workers Pay Raises"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"post-content__sub-title\">\n        Posted on: June 11, 2024, 11:19h.\u00a0\n    <\/p>\n<p class=\"post-content__sub-title\">\n        Last updated on: June 11, 2024, 11:27h.\n    <\/p>\n<div class=\"post-info-panel\">\n<div class=\"post-info-panel__author-holder js-open-close\">\n<div class=\"post-info-panel__author-logo\">\n                <img alt=\"Avatar photo\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-50x50.png\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-100x100.png 2x\" class=\"avatar avatar-50 photo\" height=\"50\" width=\"50\" decoding=\"async\"\/>            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"p1\"><span class=\"s1\">Caesars Virginia opened a temporary pavilion gaming tent on May 15, 2023. During the casino\u2019s first year in business, the City of Danville where the property operates, has received over $18.86 million in payments and gaming taxes from Caesars Entertainment.<\/span><\/p>\n<figure id=\"attachment_322266\" aria-describedby=\"caption-attachment-322266\" data-style=\"width: 858px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"size-post-thumbnail-858xAUTO wp-image-322266\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/06\/GOmxCadWgAA-9OP-858x572.jpg\" alt=\"Caesars Virginia casino Danville city government\" width=\"858\" height=\"572\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/06\/GOmxCadWgAA-9OP-858x572.jpg 858w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/06\/GOmxCadWgAA-9OP-430x287.jpg 430w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/06\/GOmxCadWgAA-9OP-302x200.jpg 302w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/06\/GOmxCadWgAA-9OP-238x158.jpg 238w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/06\/GOmxCadWgAA-9OP-194x128.jpg 194w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/06\/GOmxCadWgAA-9OP.jpg 1200w\" sizes=\"(max-width: 858px) 100vw, 858px\"\/><figcaption id=\"caption-attachment-322266\" class=\"text-description\">Construction continues on the permanent Caesars Virginia destination, a $750 million investment scheduled to open before 2025. In the meantime, the property\u2019s temporary casino is providing mighty benefits for the local Danville government. (Image: Caesars Entertainment)<\/figcaption><\/figure>\n<p class=\"p1\"><span class=\"s1\">The influx of new tax revenue is being <a href=\"https:\/\/www.casino.org\/news\/caesars-danville-casino-helping-city-fund-capital-projects\/\">used for an array of local initiatives<\/a>, but city officials opted to first give pay raises to most city employees. A newly disclosed \u201cCasino Revenues and Appropriations\u201d document shows that Danville collected $18,863,613.22 from the Caesars casino from May 1, 2023, through April 30, 2024.<\/span><\/p>\n<p class=\"p1\"><strong><span class=\"s1\">Nearly $4.7 million went to the implementation of a new payment structure for local government employees.<\/span><\/strong><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cAll of our employees provide the services that the people in our community expect to receive,\u201d Danville City Manager Ken Larking told <a href=\"https:\/\/www.wdbj7.com\/2024\/06\/10\/document-reveals-how-danville-is-spending-casino-revenue\/\"><i>WDBJ<\/i><\/a>, the local media organization that first obtained the casino allocations document through a Freedom of Information Act request.<\/span><\/p>\n<blockquote class=\"main-blockquote\">\n<p class=\"p1\"><span class=\"s1\">Whether it\u2019s in parks and recreation, police, fire, public works, street maintenance, everything that we do requires a hands-on approach to make that happen. In order to provide great, quality services, that costs more now than it used to,\u201d Larking explained.<\/span><\/p>\n<\/blockquote>\n<p class=\"p1\"><span class=\"s1\">\u201cWe build our workforce through education of our existing people, but also through recruitment of people into Danville, because they see opportunities. Their decision to do that is based on a lot of factors with quality life and education among the highest,\u201d Larking said.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\"><b>Spending Details<\/b><\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Larking says to keep Danville city government jobs attractive for the top talent the city wishes to employ, pay raises were needed. The salary hikes were made after the city conducted a market study comparing its compensation levels to other similarly sized cities.<\/span><\/p>\n<blockquote class=\"main-blockquote\">\n<p class=\"p1\"><span class=\"s1\">There are 43,000 people that live in Danville and I\u2019m sure there are 43,000 different opinions on exactly how we do things,\u201d Larking said. \u201cThat\u2019s what democracy is all about.\u201d<\/span><\/p>\n<\/blockquote>\n<p class=\"p1\"><span class=\"s1\">Larking added that the local government is doing \u201cthe best we can\u201d to improve the quality of life for all Danville residents. After the pay raises, the next richest allocation from the casino windfall went to a reserve account that the city would use in the case of emergencies. The fund received $3.86 million.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">K-12 public schools received the next-most casino tax money at $2.55 million, followed by $2.48 million in economic development allocations.<\/span><\/p>\n<div class=\"callout\">\n<p class=\"p1\"><span class=\"s1\">$1 million was directed to help relocate power lines along West Main Street underground, and another $1 million went to the installation of a splash pad at Third Avenue Park.<\/span><\/p>\n<\/div>\n<p class=\"p1\"><span class=\"s1\">The local police received $845K to upgrade their headquarters and $800K went to blight projects. Tourism initiatives received $566,240, the city\u2019s Gang &amp; Violence Prevention Program was awarded $361,550, and the city\u2019s internship program was given $251,850.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\"><b>Caesars Virginia<\/b><\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">The temporary casino, officially called the Danville Casino, has <a href=\"https:\/\/www.casino.org\/news\/caesars-virginia-exceeds-revenue-projections-danville\/\">exceeded preopening revenue projections<\/a>. During its first 11 months (May 2024 hasn\u2019t yet been revealed), the casino with 800 slots and 33 table games won almost $222 million from players.<\/span><\/p>\n<div class=\"callout\">\n<p class=\"p1\"><span class=\"s1\">The <a href=\"https:\/\/www.casino.org\/news\/caesars-virginia-casino-development-cost-balloons-to-750m\/\">$750 million permanent integrated resort<\/a> \u2014 Caesars Virginia \u2014 will come with <a href=\"https:\/\/www.casino.org\/news\/caesars-virginia-trims-number-hotel-rooms-danville-casino\/\">320 hotel rooms<\/a> and a casino with 1,300 slots, 85 table games, and a Caesars Sportsbook. Resort amenities include a full-service spa and pool complex, multiple restaurants and bars, a 2,500-seat concert venue, and 50,000 square feet of convention space.<\/span><\/p>\n<\/div>\n<p class=\"p1\"><span class=\"s1\">The permanent facility is slated to open before the year\u2019s end.<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.casino.org\/news\/caesars-virginia-casino-tax-provides-city-workers-pay-raises\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Posted on: June 11, 2024, 11:19h.\u00a0 Last updated on: June 11, 2024, 11:27h. Caesars Virginia opened a temporary pavilion gaming tent on May 15, 2023.<\/p>\n","protected":false},"author":1,"featured_media":80493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[158],"tags":[],"class_list":["post-80492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/80492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/comments?post=80492"}],"version-history":[{"count":0,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/80492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media\/80493"}],"wp:attachment":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media?parent=80492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/categories?post=80492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/tags?post=80492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}