Economic Impact

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