In the Caesars press release, the casino operator said the partnership will be a tourism engine and economic driver for Danville and the broader region, while creating thousands of construction and operational jobs.
Anthony Carano, Caesars President and COO, said at the announcement: "We are excited to build a world-class Caesars resort in Danville with the Eastern Band of Cherokee Indians, a valued partner of Caesars Entertainment for more than 20 years.
"Caesars' diverse collection of destinations across the US is synonymous with unparalleled service, impressive benefits through our Caesars Rewards loyalty program, superstar entertainment talent and culinary excellence. We will bring these same phenomenal offerings to the Danville region for people to enjoy."
Richard Sneed, Principal Chief of the Eastern Band of Cherokee Indians, hailed the deal, saying: "This venture is a vital opportunity for our nation and our people.
"We are excited to be expanding our longstanding and successful partnership with Caesars Entertainment to develop a first-class resort, which will be defined by luxury and service that Caesars' guests have known and come to expect.”
When finished, Caesars says the casino will boast a 500-room hotel, 1,300 slot machines, Caesars' sportsbook, 24 electronic table games and a WSOP (World Series of Poker) poker room.
It will also contain a spa, swimming pool, bars, restaurants, a 2,500-seat theatre, and 40,000 square feet of meeting and convention space.