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revenue

Four cards and a stack of chips on a green felt table
Mar 17, 2025

Va. casinos report $75M+ haul for February

February gaming revenues from Virginia’s three casinos totaled $75.2 million, according to a March 14 report from the Virginia Lottery. February’s statewide casino gaming revenues were up $2.86 million from January’s $72.34 million. Last month, Hard Rock Bristol casino reported about $19.75 million in adjusted gaming revenues (wagers minus winnings), of which about $16.43 million [&helli[...]

Jan 30, 2025

Altria Group names new board member connected to Hasbro

Hasbro board chair and the toymaker’s former interim CEO Richard S. Stoddart will join the Altria Group board of directors Monday, the Henrico County-based, Fortune 500 tobacco manufacturer announced Thursday. Stoddart will serve as a member of the board’s nominating, corporate governance and social responsibility committee, as well as on the audit and innovation committees. […]

Oct 15, 2024

Va. casinos report $56.56M in September revenue

Gaming revenues for Virginia’s three casinos totaled $56.56 million in September, according to data the Virginia Lottery released Tuesday. Last month, the Bristol Casino: Future Home of Hard Rock reported about $14.09 million in adjusted gaming revenues (wagers minus winnings), of which about $11.68 million came from its 905 slots and about $2.4 million from […]

A man wearing a blazer.
Oct 14, 2024

Appian taps new chief revenue officer

Mark Dorsey is Appian’s new chief revenue officer, the McLean cloud computing and software company announced Oct. 11. He replaces Christopher Jones, who left in April to become chief revenue officer for New Relic, a software developer based in San Francisco. Dorsey, who has a MBA from the Carroll School of Management at Boston College, […]

Aug 5, 2024

Va. tourism generated $33.3B for 2023

Virginia’s tourism industry generated $33.3 billion in visitor spending in 2023, an increase of nearly 10% over 2022, Gov. Glenn Youngkin announced Monday.  “The commonwealth’s record-breaking visitor spending numbers are a testament to our abundance of attractions and unique destinations,” Gov. Youngkin stated in a news release.  Virginia’s tourism industry supported over 224,000 jobs[...]

Feb 5, 2024

Virginians wager $633M on sports in December

Virginians bet about $633 million on sports in December 2023, up 25.9% from December 2022, according to data released by the Virginia Lottery on Feb. 1. December’s handle is a 0.88% decrease from November 2023, when Virginians bet $638.8 million on sports. Virginia bettors won more than $569.57 million in December 2023 and $595.8 million […]

Dec 31, 2023

Data mining

Elena Schlossberg has spent the past three-and-a-half years fighting against what some say is soon to become the world’s largest data center complex. The Haymarket resident estimates she’s participated in at least 100 Zoom calls, town halls and Prince William County meetings to protest the project, while wearing a series of T-shirts voicing her opposition […]

Arlington County-based RTX, formerly Raytheon Technologies Corp., unveiled its new name and logo at the Paris Air Show June 19 2023.
Oct 24, 2023

RTX to sell cyber, intelligence biz for $1.3B amid Q3 slump

RTX has agreed to sell its cybersecurity, intelligence and services business segment for about $1.3 billion and announced a $10 billion stock buyback program Tuesday as it seeks to recover from a manufacturing quality issue in a jetliner engine that has plagued the Arlington County-based Fortune 500 defense and aerospace contractor since the summer. RTX, […]

Oct 28, 2022

Prince William targets data center growth

Move over Loudoun County. Neighboring Prince William County could eventually wear the data center crown. Loudoun currently houses the world’s largest concentration of data centers, which cover more than 25 million square feet of county land. About 27 miles away, however, Prince William is projecting about 33 million square feet of data centers will be […]

Christopher Jones headshot
Sep 9, 2022

Appian appoints new chief revenue officer

McLean-based cloud computing firm Appian Corp. has named Christopher Jones to serve as chief revenue officer. Jones will lead the company’s sales operations and report directly to Appian CEO Matt Calkins. “Appian has built a leadership position in the low-code industry through superior technology and a compelling vision to empower organizations and individuals,” Jones said in […]

Aug 16, 2022

Virginia Lottery reports record $3.75B in revenue

The Virginia Lottery posted record sales of $3.75 billion and a record of almost $779.6 million in profits for fiscal year 2022, the lottery’s board announced Tuesday. Sales increased roughly 15% from last year, and the lottery’s profits increased about 1.9% over the prior fiscal year’s record. The lottery’s fiscal year ends on June 30. […]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac
Aug 4, 2022

Six Va. companies land spots on Fortune Global 500

Six Virginia-based companies have landed spots on Fortune Magazine’s Global 500 list, which was released Thursday and ranks the world’s 500 largest corporations by total revenue. Walmart Inc. took the top spot on the list, reporting $572 billion in revenue, retaining its top spot from last year. Amazon.com Inc. followed behind, rising a spot to […]

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