Casino News
| Published On Oct 17, 2024 8:57 am CEST | By Ricky Grant

Virginia Casino Revenue Surpasses $56 Million in September

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According to the Virginia Lottery, September gaming revenue at Virginia’s casinos was around $56.6 million, a record high. With $43 million in contributions, slot machines took the lead, followed by table games with $13.6 million. These numbers show that the state’s gambling business is flourishing.

Top-Earning Casinos in September

With over $24.2 million in adjusted revenue, Rivers Casino Portsmouth topped the list of Virginia’s three casinos in September. Caesars Virginia came in second with around $18.3 million, and HR Bristol made up $14.1 million of the state’s total revenue. All together, these casinos gave the Gaming Proceeds Fund, which funds regional community initiatives, almost $11.4 million in taxes.

While Rivers Casino Portsmouth and HR Bristol have been accepting patrons for two years, Caesars Virginia, the state’s newest casino, has been operating for more than a year.

Petersburg Casino Efforts Face Challenges

While Virginia’s casino industry is growing, efforts to expand to new locations have faced obstacles. Lawmakers in Petersburg have tried to bring a casino to the city for several years. Despite support in earlier votes, a Senate committee struck down attempts to approve a Petersburg casino in both the 2022 and 2023 legislative sessions.

However, there has been some progress. In early 2024, both the House of Delegates and the Senate passed legislation supporting a potential casino in Petersburg. Senator Lashrecse Aird’s bill passed with significant backing, receiving 78 votes in the House and 24 votes in the Senate.

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Ricky Grant

Ricky is a bitcoin enthusiast and understands the significance of cryptocurrencies not just in the iGaming industry but in society. Ricky has a particular interest in the US Casino landscape, and anything related to this. His favorite casino table games are blackjack and baccarat.