Revenue Boost for the City
Not only will HeadWaters Resort & Casino be an entertaining and exciting destination, it will also have a significant economic impact on the City of Norfolk and the Commonwealth of Virginia as a whole. It is estimated that each year, the resort and casino will provide the City with $26.2-$30.8 million in tax revenue. This new, direct local revenue stream will provide much-needed funding for public schools, public transportation, important infrastructure projects, flood resiliency efforts and much more. Beyond just the City of Norfolk, the resort and casino will create an annual economic impact of $850 million to the Commonwealth of Virginia! Much of this impact will greatly help surrounding businesses such as restaurants, hotels and small locally-owned businesses.
Even if you aren’t a gambler, HeadWaters' positive economic impact on both the City of Norfolk and the Hampton Roads region is something everyone can appreciate.