Virginia casino revenue increases year-over-year in June
Revenue was $78.5m, up 31 per cent year-over-year and down 8 per cent from May.
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 totalled $78.5m in June, up 31 per cent year-over-year and down 8 per cent from May. Slots revenue reached $58.9m, while table games posted $19.5m.
Caesars Virginia reported $30.5m in adjusted gross gaming revenue (AGR), with $23.1m from 1,451 slot machines and $7.4m from 100 table games. Rivers Casino Portsmouth reported $26.4m, with $18.6m from its 1,422 slots and $7.8m from 84 table games, and Hard Rock Hotel & Casino Bristol posted $21.4m, with $17.2m from 1,397 slots and $4.2m from 73 table games.
The state collected $14.1m 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).