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Since the Caesars Virginia casino was initially slated to be completed and open during the 2023-24 fiscal year, the company agreed to begin making quarterly payments toward its guaranteed minimum of $5 million in September 2023. That $5 million will be prorated ¡ª to $4.16 million ¡ª to reflect its opening originally scheduled for the latter part of 2023.
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Elite Casino Resorts, which is Fonner¡¯s partner in the casino operation, is paying for the remodeling.
"This award is reflective of our team's hard work and dedication to setting a high iGaming standard. As North America's leading iGaming operator, we remain focused on providing our customers with innovative gaming experiences, working with premier partners and providing a world-class omnichannel experience," he added.
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