Caesars Virginia gifts Danville Fire Department new truck
The casino gifted it a $1.6 million, custom-built firetruck that took almost four years to build.
'We have a tremendous relationship with the fire department, and they were absolutely integral in us being able to get this facility open,' Chris Albrecht, the general manager of Caesars Virginia, said. 'The chief, the fire marshal and their teams were here almost every day for several months making sure that we were testing everything in this facility to make sure it was ready to go on opening day.'
While this was the first formal presentation of the truck to the fire department, it has been in use since February 15th. It works out of fire station one, and responds to all fire calls across the city, and it will assist in crashes.
Local fire officials offer tips to help protect your loved ones
Before the new one, the city's trucks only had ladders, which made aerial work a bit risky, but this truck has one key addition.
'This truck actually has a platform on it that we can work out of,' Danville fire chief David Coffey said. 'It just makes it more safe and efficient for our firefighters from an aerial approach, and as well as rescues.'
One of the main reasons for this presentation was to celebrate the partnership the casino has formed with the city.
It is something Caesars values tremendously.
'We want to continue to show that a lot of us are invested in seeing the success of Danville,' Albrecht said. 'It's really through these opportunities with our local organizations that we search those out to make sure that things aren't just going great today but continue to do so in the future.'
Chief Coffey has noticed the effort the casino has put in to maintain that strong partnership.
'Caesars has been a really good partner here in the city of Danville,' he said. 'We've had a great working relationship, and we look forward to that for many years to come.'
Caesars is hosting an event Wednesday night at 2 witches winery and brewing company, to talk with local nonprofits on how the two sides can work together to give back to the community.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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(NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. To review our latest CSR report, please visit Know When To Stop Before You Start.® Gambling Problem? Call or text 1-800-GAMBLER. For more information, please visit Forward-Looking Statements This press release includes 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding our strategies, objectives and plans for future development or acquisitions of properties or operations, as well as expectations, future operating results and other information that is not historical information. When used in this press release, the terms or phrases such as 'anticipates,' 'believes,' 'projects,' 'plans,' 'intends,' 'expects,' 'might,' 'may,' 'estimates,' 'could,' 'should,' 'would,' 'will likely continue,' and variations of such words or similar expressions are intended to identify forward-looking statements. Although our expectations, beliefs and projections are expressed in good faith and with what we believe is a reasonable basis, there can be no assurance that these expectations, beliefs and projections will be realized. There are a number of risks and uncertainties that could cause our actual results to differ materially from those expressed in the forward-looking statements which are included elsewhere in this press release. These risks and uncertainties include, but are not limited to: (a) the impact on our business, financial results and liquidity of economic trends, inflation, trade tensions and related actions, such as the imposition of tariffs between the United States and other countries, public health emergencies, terrorist attacks and other acts of war or hostility, work stoppages and other labor problems, or other economic and market conditions, including reductions in discretionary consumer spending as a result of downturns in the economy and other factors outside our control; (b) the impact of future cybersecurity breaches on our business, financial conditions and results of operations; (c) our ability to successfully operate our digital betting and iGaming platform and expand its user base; (d) risks associated with our leverage and our ability to reduce our leverage; (e) the effects of competition, including new competition in certain of our markets, on our business and results of operations; and (f) additional factors discussed in the sections entitled 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission. 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Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts. CAESARS ENTERTAINMENT, INC. CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) Three Months Ended June 30, Six Months Ended June 30, (In millions, except per share data) 2025 2024 2025 2024 NET REVENUES: Casino $ 1,668 $ 1,557 $ 3,262 $ 3,092 Food and beverage 428 435 863 857 Hotel 509 514 991 1,007 Other 302 324 585 616 Net revenues 2,907 2,830 5,701 5,572 OPERATING EXPENSES: Casino 887 817 1,748 1,669 Food and beverage 275 266 550 529 Hotel 155 139 306 276 Other 105 100 200 194 General and administrative 477 465 960 965 Corporate 84 80 166 158 Impairment charges — 118 — 118 Depreciation and amortization 364 326 721 653 Transaction and other costs, net 34 13 36 19 Total operating expenses 2,381 2,324 4,687 4,581 Operating income 526 506 1,014 991 OTHER EXPENSE: Interest expense, net (579 ) (594 ) (1,153 ) (1,184 ) Loss on extinguishment of debt — (3 ) — (51 ) Other income (loss) 1 (1 ) — 25 Total other expense (578 ) (598 ) (1,153 ) (1,210 ) Loss before income taxes (52 ) (92 ) (139 ) (219 ) Provision for income taxes (13 ) (10 ) (24 ) (25 ) Net loss (65 ) (102 ) (163 ) (244 ) Net income attributable to noncontrolling interests (17 ) (20 ) (34 ) (36 ) Net loss attributable to Caesars $ (82 ) $ (122 ) $ (197 ) $ (280 ) Net loss per share - basic and diluted: Basic loss per share $ (0.39 ) $ (0.56 ) $ (0.93 ) $ (1.29 ) Diluted loss per share $ (0.39 ) $ (0.56 ) $ (0.93 ) $ (1.29 ) Weighted average basic shares outstanding 209 216 210 216 Weighted average diluted shares outstanding 209 216 210 216 Expand CAESARS ENTERTAINMENT, INC. RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO CAESARS TO ADJUSTED EBITDA (UNAUDITED) Three Months Ended June 30, Six Months Ended June 30, (In millions) 2025 2024 2025 2024 Net loss attributable to Caesars $ (82 ) $ (122 ) $ (197 ) $ (280 ) Net income attributable to noncontrolling interests 17 20 34 36 Provision for income taxes 13 10 24 25 Other (income) loss (a) (1 ) 1 — (25 ) Loss on extinguishment of debt — 3 — 51 Interest expense, net 579 594 1,153 1,184 Impairment charges (b) — 118 — 118 Depreciation and amortization 364 326 721 653 Transaction costs and other, net (c) 41 26 54 42 Stock-based compensation expense 24 24 50 49 Adjusted EBITDA $ 955 $ 1,000 $ 1,839 $ 1,853 Pre-disposition Adjusted EBITDA (d) — (4 ) — (8 ) Total Adjusted EBITDA $ 955 $ 996 $ 1,839 $ 1,845 Expand (a) Other (income) loss for the six months ended June 30, 2024 primarily represents a change in the estimate of our disputed claims liability. 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