Virginia reports $56.6m in casino revenue for September
The three casinos paid a combined $11.4m in taxes to the state.
US.- The Virginia Lottery has released its monthly report on casino gaming activity at Hard Rock Hotel & Casino Temporary Bristol, Rivers Casino Portsmouth and Caesars Virginia. Gaming revenue in September totalled $56.6m, down 10 per cent compared to August ($63.1m). Slot revenue for the month reached $43m, while table games revenue was $13.5m.
Rivers Casino Portsmouth generated $24.2m in revenue, $17.8m from its 1,419 slots and $6.3m from 85 table games. Hard Rock Hotel & Casino Temporary Bristol generated $14.1m: $11.7m from 905 slots and $2.4 from 29 table games. Caesars Entertainment’s temporary casino in Danville reported $18.2m in adjusted gross gaming revenue: $13.5m from 826 slot machines and $4.9m from 36 table games. The state collected $11.4m in taxes.
Permanent casinos in Virginia
The permanent Hard Rock Hotel & Casino Bristol is due to open on November 14. It will include a 3,200-seat performance venue and a 20,000-person capacity outdoor entertainment venue. The casino will be open 24/7 and is expected to generate about 1,200 to 1,500 jobs. It will also include two hotel towers, a pool, and more.
Caesars Virginia is under construction following groundbreaking in August 2022. Costing $650m, it will include a 500-room hotel and a casino gaming floor featuring more than 1,300 slots, 85 live table games, 24 electronic table games, a WSOP poker room and a Caesars Sportsbook. There will also be a spa, pool area and fitness centre. Meeting and convention space will total 40,000 square feet with an entertainment venue to accommodate up to 2,500 guests.
Recently, the Norfolk City Council approved a purchase and development agreement with the Pamunkey Indian Tribe and Boyd Gaming for the construction of the long-planned Norfolk casino project, in Virginia.
In April, the Petersburg City Council unanimously approved Bruce Smith Enterprise and The Cordish Companies as the city’s development partner for a casino and entertainment district. The companies will codevelop a $1.4bn Live! Gaming & Entertainment District including Live! Casino & Hotel Virginia.
