Danville is expected to gain in excess of $20 million in city tax revenue by the third year of operation for the casino. Under the terms of the agreement, Caesars will invest $400 million in the casino resort, employ at least 1,300 people paying them $15/hour minimum wage and will buy for the city an ambulance and a firetruck, besides the $15 million upfront payment. Financial Details Regarding the Agreement The performance agreement proposed by Caesars and promising to bring millions in revenue and quality jobs for the city was approved by the Danville City Council, allowing the casino operator in exchange to build and develop a casino complex at the old schoolfield site. Whether the Danville of the future will include a casino or not is now in the hands of the city residents who will cast their vote this fall. Danville City Council approved the agreement with Caesars Entertainment for a casino project, local media outlets reported Tuesday.
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