Casino News
| Published On Jan 16, 2025 7:37 am CET | By Ricky Grant

Virginia Casinos Generate $74.9 Million in December Revenue, Up 28% YOY

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With a total gaming income of $74.9 million in December 2024, Virginia’s three casinos produced impressive results. This represents a 28% increase from the previous year, according to the Virginia Lottery, which reflects the expansion of the sector in the state. In November, the revenue mounted to $63 million.

Caesars Virginia, which replaced its temporary facility in Danville, became the state’s top revenue generator as soon as it opened on December 17. Slot machines brought in $21.5 million and table games $6.8 million of the property’s reported December revenue of nearly $28.3 million. Guests may enjoy 1,145 slot machines and 137 table games at the new facility.

Rivers Casino Portsmouth followed closely, earning more than $25.9 million for the month. Slots generated nearly $18 million, while table games brought in $7.9 million. Hard Rock Bristol rounded out the trio with $20.7 million in revenue, including $17.1 million from slots and $3.6 million from table games. Both Rivers Casino Portsmouth and Hard Rock Bristol feature over 1,400 slots and more than 60 table games, offering extensive gaming options.

Tax Contributions Benefit State Funds

Together, the three casinos paid close to $16.2 million in taxes in December. These money were distributed among a number of important initiatives, such as the Gaming Proceeds Fund, the Family and Children’s Trust Fund, and the Problem Gambling Treatment and Support Fund. Local communities benefited much more from the portion given to host cities.

With the help of new establishments like Caesars Virginia and steady player engagement at long-standing businesses, Virginia’s gaming sector is still growing. The casinos’ role in generating income and assisting with public projects is highlighted by their outstanding December performance.

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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.