Danville Casino revenue dips slightly again in September, but still well ahead of Bristol
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Gaming revenue for the Danville Casino dipped slightly again last month, but remained well above its counterpart in Bristol.
The temporary facility brought in about $19.14 million in September, down from the $19.63 million posted in August.
The Virginia Lottery released the figures Friday.
The casino in Bristol — another temporary site with more slots and tables — brought in $12.71 million. Danville's gaming establishment has consistently beat Bristol revenues since it opened May 15 in Schoolfield.
The Danville Casino is housed in a giant tent-like structure while construction continues on a full resort expected to open by late 2024.
On a daily basis, cranes dot the Danville skyline — beside three iconic smokestacks reminiscent of a textile mill that once stood on the site — as crews work on the $650 million Caesars Virginia endeavor that includes a hotel.
So far, July was the biggest month with $21.4 million collected.
The city's tax revenue share from the Danville Casino also nudged down slightly last month to $1.14 million compared to $1.17 million in August, the lottery reported.
However, an arrangement with Caesars Virginia means the city gets 2.5% of the company’s gaming revenue up to $200 million. That's in addition to gaming tax revenue generated.
Last month, that equates to $478,534, making the total collection for the city closer to $1.62 million for the month.
When the gaming revenue rises above $200,000, the city's percentage will increase.
Breaking it down, about $14.25 million came from the 818 slot and $4.88 million was collected from the 25 table games.
When it opens next year, the full casino will have about 1,400 slot machines and table games.
Meeting and convention space will total 40,000 square feet with an entertainment venue to accommodate up to 2,500 guests. There also will be restaurants and bars.
Since the May 15 opening in Danville, the casino has generated nearly $90 million in gaming revenue.
The Rivers Casino Portsmouth again led the state with $20 million collected last month.
All three Virginia casino locations totaled $51.9 million, according to the lottery.
