Increased Casino Gaming Income in Virginia by 31.9% Compared to Last Year, Reported for June
In the bustling commercial casino industry of Virginia, the month of June 2024 saw significant growth for its three licensed casinos: Hard Rock Bristol, Caesars Virginia (Danville), and Rivers Casino Portsmouth.
According to a report by the Virginia Lottery, the three casinos collectively earned an adjusted gaming revenue of $78.5 million in June 2024, marking a 31.9% increase compared to the same month the previous year.
Leading the pack was Caesars Virginia, which reported a revenue of $30.6 million, a 59.1% rise from its 2023 revenue of $19.2 million. This impressive figure translates to approximately $13.5 million in state taxes, which are allocated to local host cities and social causes like problem gambling treatment.
Hard Rock Bristol followed closely behind, generating $21.4 million in revenue, a 49.4% increase from its 2023 revenue of $14.4 million. Rivers Casino Portsmouth also saw a year-over-year revenue increase of 2%.
The revenue report does not indicate any changes in the revenue positions of Hard Rock Bristol, Caesars Virginia, or Rivers Casino Portsmouth compared to earlier in the year. Hard Rock Bristol recorded the highest percentage increase in revenue among the three casinos, while Caesars Virginia showed the second-highest percentage increase.
The revenue report does not contain information about the revenue of Live! Casino & Hotel Virginia, a Virginia casino under construction that recently appointed three members to its leadership team.
It's worth noting that Virginia’s commercial casino revenues are counted separately from sportsbook income, and sportsbook figures are expected to be reported later. The overall U.S. commercial gaming industry, including Virginia, is on track for robust growth in 2025, with a significant increase in digital gaming and sports betting revenues driving expansion.
As of early-to-mid 2025, the commercial casino industry in Virginia is growing rapidly, with monthly slot and table game wins reaching an all-time high of $85.4 million by May 2025, indicating ongoing momentum. The three commercial casinos in Virginia collectively paid $14.1 million in taxes to the state in February 2025.
In conclusion, Virginia’s commercial casinos, including Hard Rock Bristol, Caesars Virginia, and Rivers Casino Portsmouth, are actively operating and experiencing strong revenue growth, with Caesars Virginia as the current leader in monthly gross revenue retention. The state benefits substantially from tax revenues derived from these operations.
[1] Virginia Lottery Press Release, February 2025 [2] American Gaming Association, 2025 Outlook Report [3] Virginia Lottery, Monthly Revenue Report, June 2024 [4] Virginia Lottery, Monthly Revenue Report, May 2025 [5] National Council on Problem Gambling, 2025 State of the States Report
casual gamblers flocked to the slot machines and table games of Hard Rock Bristol, Caesars Virginia, and Rivers Casino Portsmouth, contributing to the casinos' collective casino-games revenue of $85.4 million in May 2025. During this period, each casino offered a variety of casino-and-gambling activities, including popular games like blackjack, roulette, and poker, as well as the latest video slots and electronic table games.
