Live! Casino & Hotel Virginia will set a new standard for development in the Commonwealth, generating significant economic impact for the City of Petersburg and the surrounding Region. In its first 10 years, Live! Casino & Hotel Virginia will generate:
- $2.8 billion in economic stimulus to the Region
- $504 million in tax revenue including $240 million to the City
- $802 million in economic benefit during construction
- $201 million in annual economic impact each year after opening
- Over 6,000 new construction and permanent jobs
- Average compensation of $70,000 with benefits