Virginia casino revenue increases in May
Gaming revenue totalled $85.4m, up 36 per cent year-over-year.
US.- The Virginia Lottery has released its monthly report on casino gaming activity at Hard Rock Bristol, Rivers Casino Portsmouth, and Caesars Virginia. Gaming revenue in May totalled $85.4m, up 8.3 per cent from April’s $78.8m and 36 per cent year-over-year. Slots revenue reached $63.5m, while table games revenue was $21.8m.
Caesars Virginia reported $34m in adjusted gross gaming revenue (AGR): $24.7m from 1,477 slot machines and $9.2m from 100 table games. Rivers Casino Portsmouth reported $28.3m: $20m from its 1,419 slots and $8.3m from 84 table games. Hard Rock Hotel & Casino Bristol posted $23m: $18.7m from 1,423 slots and $4.2m from 73 table games.
The state collected $15.4m in taxes. Statute specifies distributions to the Problem Gambling Treatment and Support Fund, the Family and Children’s Trust Fund, and the host city. For the Bristol casino, the portion of taxes reserved for the host city go to the Regional Improvement Commission (RIC).
Virginia’s sports betting handle was $609.7m in April, 8.2 per cent higher than in April 2024. Mobile wagers reached $603.1m while bettors wagered $6m at retail locations.
