Live! Casino Resort, a partnership between The Cordish Companies and Bruce Smith Enterprise, has been approved by the community and is set to bring significant economic benefits to Petersburg, Virginia. The project will not only include gaming and entertainment options but also restaurants, hotels, and event spaces, making Petersburg a hub for tourism and entertainment. Construction is expected to begin after all necessary approvals are received, with an anticipated opening of the initial phase in 2026.
The development of Live! Casino Resort is part of a larger revitalization plan for Petersburg, aiming to address economic challenges and position the city for long-term success. The project is expected to generate $2.8 billion in economic stimulus over its first 10 years, with $240 million in tax revenues going to the City of Petersburg alone. Additionally, over 7,500 new construction and permanent jobs will be created.
The project will feature more than 400,000 square feet of gaming, hotel, and dining space, as well as a 3,000-seat entertainment venue and 1,600 slot machines. The casino will provide opportunities for local residents in various fields, and the project is committed to supporting local businesses through procurement opportunities.
Live! Casino Resort will serve as a transformative development, creating maximum community benefits for Petersburg and its residents. The Cordish Companies and Bruce Smith Enterprise have a strong commitment to community involvement and supporting non-profit organizations in the area. The project is expected to have a positive impact on the city’s economy and community for years to come.
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