Danville leaders to consider supporting Virginia casino Laws

At Virginia, town council for the little town of Danville is allegedly set to vote on whether to pass a resolution in support of casino laws currently making its way through the southern state’s General Assembly.

Local referendum requirement:

According to a Friday report from area television broadcaster, WSLS-TV, the measure being considered by legislators in Richmond would allow towns and cities in Virginia to construct and run a commercial casino provided that they’ve gained the support of the local population via a referendum.

Plan in the functions:

Danville, which will be situated along Virginia’s southern boundary with North Carolina, has a population of just over 43,000 and is allegedly one of several area cities that’s eager to host the state’s commercial casino. It purportedly has plans to partner with The United Company to be able to construct and build a huge gambling venue also featuring a hotel and restaurants alongside entertainment and convention centers.

Jobs production:

Alonzo Jones (pictured), the mayor for the individual town, allegedly told WSLS-TV that constructing a casino in Danville would immediately create some 182 neighborhood jobs and gain his community to the tune of about $118.7 million. He explained that this kind of project would likewise generate about 2,534 direct and indirect tasks by 2022 with this figure increasing to about 6,834 six decades later.

Jones into WSLS-TV…

“We are discussing an unprecedented number of jobs and important new revenue within our town. We continue to collect information and confirm details but it’s too large of a possible investment opportunity to discount out of the gate.

Fiscal benefits:

Citing a study prepared by Chmura Economics and Analytics, WSLS-TV reported a casino in Danville can result in approximately $384.8 million in neighborhood economic gains by 2022 while generating about $12.1 million yearly earnings. It explained that this latter figure will hit $20.3 million by 2028 thanks to a yearly economic impact that may well exceed $1 billion.

Jones into WSLS-TV…

“Ultimately, the decision will be created from the General Assembly and after that, by referendum, the citizens of the city. The resolution we’ll vote on next week simply advances the matter for further consideration and study by the various committees and sub-groups of this General Assembly.