Live! Casino & Hotel Virginia Tops Out Hotel Tower with Interim Facility Past $100 Million GGR

Live! Casino & Hotel Virginia topped off its 12-story hotel tower on October 8, 2026. State and local officials attended the event alongside The Cordish Companies and Bruce Smith Enterprise. The $600 million resort remains on schedule for a late 2027 opening adjacent to Interstate 95 at Wagner Road.

Bruce Smith, an NFL legend and Virginia native, said the project will change traffic patterns in the area. “No longer will people be driving past Petersburg. They will be making plans to come to Petersburg. We’re not going to let you down.” David Cordish, CEO and chairman of The Cordish Companies, called the milestone “a defining moment for this project and a significant milestone in the continued expansion of the Live! brand nationwide,” according to reporting by Casino.org.

The interim casino opened in late January 2026 inside a pavilion tent with 926 slot machines and 32 live dealer table games. It produced $14.2 million in gross gaming revenue during August. That result pushed the temporary facility past $100 million in year-to-date casino win.

Economic Projections and Job Creation

Developers forecast $2.8 billion in regional economic stimulus and $504 million in total tax revenues over the first decade. The City of Petersburg is slated to receive $240 million of those taxes. The permanent resort is expected to create 1,600 permanent jobs with average annual compensation around $70,000.

The 445,000-square-foot facility will contain over 1,600 slots, 70 tables, a 35-table poker room and a full sportsbook. Amenities include a 200-room hotel tower with resort pool, spa and fitness center, 20 dining and beverage concepts, and a 70,000-square-foot multipurpose event venue. This casino hotel forms the first phase of the plan.

Expansion Plans Following 2027 Opening

The partnership intends to invest an additional $800 million after launch. The mixed-use development will add residential housing, office spaces, retail storefronts, a grocery store and public park space. The sequence keeps capital deployment tied to initial resort performance.

Reporting: Casino.org News

Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.