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Virginia casino revenues up 36 percent year-over-year in January

CDC Gaming
CDC Gaming
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Virginia’s three land-based casinos collected revenues of $72.3 million in January, up more than 36 percent on the $52.8 million generated in January 2024.

The Virginia Lottery report shows that all three land-based casinos increased adjusted gaming revenue (AGR) year-over-year.

In its first full month at its permanent site in Danville, Caesars Virginia brought in the most AGR, with $21.1 million coming from 1,479 slot machines, a 73.2 percent increase on the year prior. Meanwhile, the casino’s 137 table games produced AGR of $7.1 million, a jump of 46.6 percent. Combined, the casino collected $28.5 million in AGR in January, growth of 65.7 percent.

Hard Rock Hotel & Casino Bristol saw the next most significant year-over-year growth, with AGR climbing by 53.3 percent. Slot and table game revenues were equal drivers for this increase, with slot AGR climbing 52.9 percent from $9.9 million in January 2024 to $15.1 million in January 2025. Table game AGR jumped up 54.9 percent to $3.3 million.

Rivers Casino Portsmouth oversaw the most modest increase in revenues, with its AGR climbing 7.2 percent year-over-year. Rivers Casino Portsmouth collected $25.2 million.

The Virginia Lottery took more than $13 million from these casino revenues in taxes, with more than $100,000 going to the Problem Gambling Treatment Support Fund, and $26,000 going to the Family and Children’s Trust Fund. Host cities received more than $4.3 million, while the remaining $8.5 million went to the Gaming Proceeds Fund.

The Virginia casino landscape could change considerably if Virginia lawmakers pass a bill to add Fairfax County to the locations that can support a casino in Virginia, although this bill was recently tabled by the House.

 

 

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