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Additionally, let¡¯s presume our company has the means to achieve launch after an internal assessment showed the economic feasibility to do so. In other words, we have the financial means to accept the potential not to be profitable for a period of time after opening. To make money, you have to spend money.



Some states have taken steps to address betting addiction. Michigan offers a self-exclusion option that allows bettors to essentially ban themselves from being able to place bets online for a certain amount of time. Then, when the self-exclusion ends, counseling resources are offered.

City officials are not expecting a windfall from the opening of a temporary casino the middle of next year. But any extra, unexpected revenue from the facility in fiscal year 2023-24 would be spent on one-time projects.



As for details on the temporary casino, a spokesman with Caesars was tight-lipped when presented with questions from the Danville Register & Bee last week. Caesars Entertainment executives mentioned the plans three times during a third-quarter earnings call with investors earlier this month.