Danville Virginia - A Good Bet
- Longevity Home Solutions
- Mar 19
- 3 min read
Danville Virginia is a good bet to be your new favorite place
From May 15, 2023, when the temporary Danville Casino opened in a tent at Schoolfield, through February, Danville has brought in $27.1 million in gaming-tax revenue from Caesars Virginia. The full Caesars Virginia casino resort opened Dec. 17. That amount does not include direct payments from Caesars Virginia under its agreement with the city of Danville. According to the latest casino activity report from the Virginia Lottery, Caesars Virginia brought in a record-breaking $31.1 million in gaming revenue in February, resulting in nearly $1.9 million in gaming tax revenue for the city. Gaming revenue for the casino last month included about $21.5 million from slots and about $9.6 million from table games, according to the report. So, if you’re wondering whether it was a good bet for Danville to open a fabulous casino by the river – the answer is YES. Danville is improving and growing in leaps and bounds due to the revenue that Caesars has brought and is still bringing to the city of Danville, Virginia.
See also 1.35 Billion Investment In Danville
For 2023-24, the city rang up about $20.6 million in gaming-tax revenue. Money that year went to:
City operations ($4.57 million).
Community health ($0).
Economic Opportunity ($3.4 million).
City infrastructure ($1 million).
Long-term financial stability ($5.6 million).
Public education ($2.8 million).
Public safety ($1.29 million).
Quality of housing ($884,532).
Quality of life ($1 million).
During 2023-24, that money covered key items including expansion of the city’s tourism program (about $508,000), purchase of property in the city’s historic districts ($200,000), historic enhancement grants ($225,000), an economic development incentive for Litehouse Foods ($144,480), recruitment of industries from other countries to the area ($100,000), studies and design for a parking deck at Lynn Street ($330,000), renovations and maintenance to the visitor center ($245,000), among other items.
Money from gaming tax revenues budgeted for the current year includes:
$4.5 million for operations.
About $2 million for community health.
$6.4 million for economic opportunity.
$1.8 million for city infrastructure.
About $2 million for long-term financial stability.
$1.7 million for public education.
$4.1 million for public safety.
$700,000 for quality of housing.
$1.4 million for quality of life.
Danville Virginia is a good bet for living
The above named improvements that have occurred in Danville are creating the ideal place to live for those looking to move to a vibrant, river city. Danville Virginia is a good bet for almost anyone looking for a new home. Blackstone Building Group in a partnership with Longevity Home Solutions is currently offering no maintenance, one-level living villas to 55 and up empty nesters and retirees seeking quality built, low-maintenance living in their home town. These opportunities are attractive to not only to homebuyers throughout Virginia and the Mid-Atlantic areas, but also midwestern, northern, northeastern United States. Contact us to reserve your new home today!
Affordable And Convenient Living in Danville, Virginia
Located in South-Central Virginia along the North Carolina border, Danville boasts historical landmarks, recreational opportunities and a beautiful river and rolling countryside. Longevity Home Solutions in a partnership with Blackstone Building Group is currently offering affordable housing opportunities for Danville’s workforce and retirees seeking low-maintenance living in their home town. These opportunities are attractive to not only to homebuyers throughout Virginia and the Mid-Atlantic areas, but also midwestern, northern, northeastern United States. This brand new development, Vandola Crescent, will be completed soon!
Vandola Crescent Townes offers quality-built, 3 bedroom, 3 bath townhomes with one-car garage on first level. The community offers amenities like a dog park, covered picnic area, and no maintenance. Townhomes starting in the upper $200s. Vandola Crescent Villas offer no maintenance living priced in the mid to upper $300s. The attached villas will offer 1-level living and a thoughtful layout and design. This section will offer amenities such as a pool, clubhouse, dog park, and tennis/pickleball courts. WE OFFER NO MONEY DOWN OPTIONS. This community will be built by exclusively by Longevity Home Solutions in partnership with Blackstone Building Group in this ideal location near Danville’s industry, culture, entertainment and education.
Rick Byers and Longevity Home Solutions can help. Contact us today!
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