{"id":8220,"date":"2024-11-19T06:44:42","date_gmt":"2024-11-19T06:44:42","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/11\/19\/virginia-casino-revenue-sees-year-over-year-growth-in-october\/"},"modified":"2024-11-19T06:44:42","modified_gmt":"2024-11-19T06:44:42","slug":"virginia-casino-revenue-sees-year-over-year-growth-in-october","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/11\/19\/virginia-casino-revenue-sees-year-over-year-growth-in-october\/","title":{"rendered":"Virginia Casino Revenue Sees Year-Over-Year Growth in October"},"content":{"rendered":"<div>\n<p>Virginia\u2019s casino industry continues to show strong performance, with the state\u2019s October adjusted gaming revenue (AGR) reaching $57 million. This marks a notable 13.9% increase compared to the same month in 2023. According to figures released by the Virginia Lottery, three active casinos contributed significantly to the state\u2019s overall revenue.<\/p>\n<p>Leading the charge was Rivers Casino Portsmouth, which brought in $25.4 million in AGR, a substantial portion of the total. Caesars Virginia followed with $18.2 million, while Hard Rock Bristol generated $13.4 million. The combined revenue for October also showed a strong balance between slot games and table games, with $42.3 million coming from slots and $14.8 million from table games.<\/p>\n<h2><strong>Rivers Casino Portsmouth Dominates Tax Contributions<\/strong><\/h2>\n<p>Rivers Casino Portsmouth not only topped the revenue charts but also made the largest contribution to state taxes, generating $5.8 million. Overall, Virginia\u2019s tax revenue for October amounted to $11.5 million, an increase from $9.1 million recorded in October 2023. The state allocated $7.7 million of this total to the Gaming Proceeds Fund, with a smaller portion, $92,313, directed towards the Problem Gambling Treatment and Support Fund.<\/p>\n<p>October\u2019s AGR figures also reflect consistent growth when compared to <a href=\"https:\/\/igaming.org\/casino-news\/virginia-casino-revenue-surpasses-56-million-in-september\/\">September 2024<\/a>, which posted a slightly lower AGR of $56.6 million. Rivers Casino Portsmouth remained the state\u2019s top performer in both months, contributing $24.2 million in September. Additionally, Virginia\u2019s sports wagering handle in September surged by 20% year-over-year, reaching a total of $622 million.<\/p>\n<p>The strong gaming and sports betting results highlight Virginia\u2019s expanding gaming sector, with a steady rise in both casino revenues and sports betting activity.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/virginia-casino-revenue-sees-year-over-year-growth-in-october\/\">Virginia Casino Revenue Sees Year-Over-Year Growth in October<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Virginia\u2019s casino industry continues to show strong performance, with the state\u2019s October adjusted gaming revenue (AGR) reaching $57 million. This marks a notable 13.9% increase compared to the same month in 2023. According to figures released by the Virginia Lottery, three active casinos contributed significantly to the state\u2019s overall revenue. Leading the charge was Rivers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8220","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8220"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8220\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}