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Danville Casino, Future Home of Caesars, to Open May 15, 2023

Danville Casino, Future Home of Caesars, to Open May 15, 2023 Danville Casino, future home of Caesars, plans to take its first bet on May 15, 2023. Following a successful hearing before the Virginia Lottery Board this morning, Caesars Entertainment, parent company of the Danville Casino and the future Caesars Virginia, along with venture partners…

Live Gambling ・ 27 April 2023

Smoky Mountain News

Tribe begins $275 million expansion at Murphy casino

One day after the seven-year anniversary of the Valley River Casino's grand opening just outside of Murphy, tribal officials and casino executives gathered under a bluebird sky Thursday, Sept. 29, to break ground on an expansion project whose budget is more than double that of the initial construction. "The project that we stand poised to break…

Poker ・ 06 October 2022

Smoky Mountain News

Tribe, Caesars break ground on $650 million Virginia casino project

The tribe, through EBCI Holdings LLC, will have a 49.5% stake in the project, as will Caesars. A business owner from the City of Danville will hold the remaining 1%, Sneed said. Once complete, Caesars Virginia will include a 500-room hotel and a gaming floor with more than 1300 slots, 85 live table games, 24 electronic table games, a World Series…

Sports ・ 25 August 2022

Danville Register & Bee

Upping investment, Caesars teams up with Eastern Band of Cherokee Indians for Danville casino

Caesars Entertainment on Wednesday announced a joint venture partnership with the Eastern Band of Cherokee Indians to develop the new casino in Danville and upped its estimated investment in the transformational endeavor for the city. The $650 million project - expected to break ground later this week - is touted as a tourism engine for Danville's…

Sports ・ 10 August 2022

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Gambling News

Caesars and EBCI to Build a $650M Casino in Virginia

Nasdaq-listed, leading company boasting the most prestigious gaming brands on the planet Caesars Entertainment has announced a joint venture partnership deal with the Eastern Band of Cherokee Indians (EBCI). According to the terms of the agreement, the two parties will work together to build and open Caesars Virginia, a $650 million casino in…

Sports ・ 10 August 2022

Smoky Mountain News

Indiana approves EBCI casino purchase

The Gaming Commission approved Caesars Entertainment's sale of Caesars Southern Indiana Casino & Hotel to EBCI Holdings LLC at an Aug. 18 business meeting, and closing is now expected to occur in September. "We are delighted to move forward with Caesars and expand our already successful portfolio," said R. Scott Barber, CEO of EBCI Holdings, the…

Gaming Authorities ・ 24 September 2021

Yogonet

Caesars finalizes $250M sale of Southern Indiana casino to Cherokees

aesars Entertainment has completed the previously announced sale of Caesars Southern Indiana operations to the Eastern Band of Cherokee Indians, confirmed the casino-entertainment company last Friday. The deal was secured by both parties for approximately $250 million. According to Caesars, in connection with this transaction, its annual base rent…

Gaming Authorities ・ 06 September 2021

Yogonet

The Indiana Gaming Commission approves Caesars Southern Indiana $250M sale

he Indiana Gaming Commission approved Wednesday, August 18 the sale of Caesars Southern Indiana casino to ECBI Holdings, a company run by the Eastern Band of Cherokee Indians tribe. Now cleared, the deal is expected to close at some point in the upcoming month. In December 2020, Caesars agreed to sell the casino to EBCI for $250 million. Caesars…

Gaming Authorities ・ 19 August 2021

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Indiana Gaming Commission Approves Caesars Casino Sale

In the state of Indiana, the gaming regulator has given its seal of approval to a deal between Caesars Entertainment and the Eastern Band of Cherokee Indians. Under the terms of the agreement, the former will sell its Caesars Southern Indiana casino to the tribe for a total of $250m. The Indiana Gaming Commission approved the sale during a meeting…

Gaming Authorities ・ 19 August 2021

Smoky Mountain News

Tribal members seek to reverse casino purchase

A group of 14 tribal members that includes two sitting Tribal Council members and a former principal chief has entered a resolution aiming to reverse a Dec. 17 vote to purchase the gaming operation at Caesars Southern Indiana Casino for $250 million. The protest letter and proposed resolution claim that the decision and the meeting in which it was…

Travel ・ 19 January 2021