Virginia casinos see September revenues dip slightly
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BRISTOL, Va. — The Bristol Casino reported more than $12.7 million in adjusted gross gaming revenue for September, slightly below its 2023 average of $13.4 million per month.
The Virginia Lottery, which oversees casino and most of the state’s other gaming activities, reported nearly $52 million for the month in total adjusted gaming revenue at Bristol and two other sites, according to a newly released report.
All three of Virginia’s casinos reported month-over-month revenue declines in September compared to August.
The Bristol Casino reported $13.8 million in August, or about $1.1 million more than September.
The Rivers Casino Portsmouth reported a $1.5 million decline for September, compared to August. Revenues declined about $500,000 in September compared to August at the temporary Caesars Virginia facility in Danville.
The future home of Hard Rock reported almost $10.7 million in gaming revenues — wagers minus winnings — from its 915 slot machines for September. The casino’s slots have generated about $100 million in adjusted gaming revenue during the first nine months of 2023, lottery figures show.
Its 29 table games generated more than $2 million during the month, bringing the annual total to more than $21.2 million. Slots represented about 84% of total adjusted revenues, whole table games were about 16%.
Play at the Bristol Casino generated nearly $2.3 million in state gaming tax revenues, including more than $760,000 for the localities of Southwest Virginia.
For the month, the state took in more than $9.34 million in gaming tax revenues, with $3.6 million generated by play at Rivers Casino Portsmouth and $3.4 million from the temporary casino at Caesars Virginia in Danville, the report shows.
The other casinos reported more than $14 million gaming revenue each from slots. The Portsmouth casino reported nearly $6 million in revenue from table games while Danville reported $4.8 million, according to the report.
Statewide, slots represented about 75% of total adjusted revenues, compared to 25% for table games, the report shows.
