Virginia casino revenue hits nearly $99M in April

April gaming revenues at Virginia’s three permanent casinos and at temporary casinos in Petersburg and Norfolk totaled nearly $99 million, according to Virginia Lottery data released Thursday.

Norfolk’s temporary Interim Gaming Hall, which opened Nov. 7, 2025, reported adjusted gaming revenue (wagers minus winnings) of $958,255 during the month. All of that came from its roughly 132 slots, as the temporary casino doesn’t have table games. A permanent $750 million Norfolk casino resort being developed by Boyd Gaming and the Pamunkey Indian Tribe is anticipated to open in late 2027.

The temporary Petersburg casino reported about $13.82 million in AGR in April, with about $10.5 million coming from 926 slots and more than $3.3 million coming from 32 table games. The temporary casino opened Jan. 22. Baltimore-based The Cordish Cos. and Virginia Beach developer Bruce Smith Enterprise broke ground in March 2025 on the $1.4 billion Live! Casino & Hotel Virginia, slated to open in late 2027.

Virginia’s newest permanent casino, Caesars Virginia in Danville, opened in December 2024 and reported the largest adjusted gaming revenue for last month: more than $33.5 million. Of that, roughly $26.02 million came from its 1,525 slots, and the remaining nearly $7.5 million came from its 88 table games.

Rivers Casino Portsmouth, which opened as Virginia’s first permanent casino in January 2023, generated about $19.1 million from its 1,419 slots and about $8.19 million from its 84 table games, for a total AGR of approximately $27.3 million in April.

Last month, the Hard Rock Hotel & Casino Bristol reported about $23.4 million in AGR, with more than $18.4 million of that coming from its 1,336 slots and about $4.97 million coming from its 73 table games. The Bristol casino’s temporary facility opened in July 2022, making it the first operating casino in Virginia. The permanent Hard Rock Bristol opened in November 2024.

April’s total AGR for Virginia casinos is about a 1.2% decrease from March’s AGR of $100.1 million.

Virginia law assesses a graduated tax on a casino’s adjusted gaming revenue. For the month of March, taxes from casino AGRs totaled roughly $17.8 million.

Under Virginia law, 6% of a casino operator’s AGR goes to its host locality until the operator passes $200 million in AGR for the year, at which point the host locality’s tax rate rises to 7%. If an operator passes $400 million in AGR in the calendar year, that rises to 8%.

For April, all localities received 6% of the respective casino’s AGR. Danville received about $2.01 million from Caesars Virginia. Portsmouth netted more than $1.6 million from the Rivers Casino Portsmouth’s AGR. For the Bristol casino, the locality tax collected on its adjusted gaming revenue — coming to about $1.4 million last month — goes to the Regional Improvement Commission, which the General Assembly established to distribute Bristol casino tax funds throughout Southwest Virginia. Norfolk received $57,495 from the temporary casino, while Petersburg received $829,194.

The Problem Gambling Treatment and Support Fund receives 0.8% of total taxes —$142,445 last month. The Family and Children’s Trust Fund, which funds family violence prevention and treatment programs, receives 0.2% of the monthly total, which was $35,611 in April. The Interim Gaming Hall will give $9,582 (1% of the monthly total) to the Virginia Indigenous People’s Trust Fund, as state legislation directs 1% of gaming proceeds from any tribe-operated casino be given to a fund to assist the other Virginia tribes that are federally recognized. The remaining more than $11.68 million in taxes goes to the state’s Gaming Proceeds Fund.

March sports wagers

Virginians bet about $672.8 million on sports in March, winning more than $609 million, according to Virginia Lottery data released May 1. That’s 17.1% higher than the about $574.6 million they wagered in February.

About $666.4 million of March’s gross sports gaming revenues came from mobile operators, with the remaining roughly $6.4 million coming from casino retail activity.

The licensed operators included in March’s sports revenue reporting were:

• Betfair Interactive US (FanDuel) in partnership with the Washington Commanders
• Crown Virginia Gaming (Draft Kings)
• BetMGM
• Rivers Portsmouth Gaming (Rivers Casino Portsmouth)
• Caesars Virginia
• Bally’s Interactive
• Penn Sports Interactive
• Colonial Downs Group
• HR Bristol
• Hillside (Virginia)
• PlayLive Virginia
• Sporttrade Virginia

Virginia places a 15% tax on sports betting  activity based on each permit holder’s adjusted gross revenue (total wagers minus total winnings and other authorized deductions). With 10 operators reporting net positive AGR for March, state taxes for the month totaled more than $9.0 million.

Of that, 97.5% — about $8.78 million — will be deposited in the state’s general fund. The remaining $225,142 will go to the Problem Gambling Treatment and Support Fund Allocation, which the Virginia Department of Behavioral Health and Developmental Services administers.