Virginia Casinos Earn $63.6M in November Revenue

The three casinos in the state brought in a total of around $63.6 million in adjusted gaming revenue in November, according to the Virginia Lottery. With $47.9 million, slot machines accounted for the majority of earnings, while table games contributed $15.7 million.

With about $25.7 million in revenue, Rivers Casino Portsmouth was the most profitable casino in Virginia. Caesars Virginia, which earned over $19.7 million in November, took second place. HR Bristol, meanwhile, made $18 million toward the total income amount.

In addition to the earnings, the state’s casinos paid approximately $13.3 million in taxes to the Gaming Proceeds Fund for the month. These funds play a vital role in supporting community programs and initiatives.

Caesars Virginia Prepares for Permanent Casino Launch

Caesars Virginia is gearing up to open its permanent casino on December 17, marking a major milestone. The temporary facility, which has been welcoming visitors for over a year, has already made a significant impact. Up to October, the casino generated $29 million in combined gaming taxes and revenue.

Virginia’s other casinos, Rivers Casino Portsmouth and HR Bristol, have been serving guests for the past two years, further establishing the state as a growing hub for casino entertainment.

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Although existing casinos are still doing well, there have been obstacles in the way of attempts to open new casinos in Virginia. Notably, during the 2022 and 2023 legislative sessions, a Senate committee consistently opposed attempts to build a casino in Petersburg.

Earlier this year, however, Petersburg made strides when municipal lawmakers approved the opening of a casino in the city. Both the Senate and the House of Delegates approved the plan, which might open the door for more advancements.

The casino sector in Virginia is still growing, bringing in a sizable sum of money while providing more entertainment alternatives for both locals and tourists.

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