Virginia casino revenue tops $108M in May

May gaming revenues at Virginia’s three permanent casinos and at temporary casinos in Petersburg and Norfolk totaled more than $108 million, according to Virginia Lottery data released Monday.

Norfolk’s temporary Interim Gaming Hall, which opened Nov. 7, 2025, reported adjusted gaming revenue (wagers minus winnings) of about $1.1 million during the month. All of that came from its 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 $14.9 million in AGR in May, with about $10.73 million coming from 926 slots and about $4.2 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 AGR for last month: more than $37.99 million. Of that, roughly $26.93 million came from its 1,534 slots, and the remaining nearly $11.1 million came from its 88 table games. This monthly figure set a record for Caesars Virginia. The casino’s previous record monthly AGR was in March 2025, when more than $35.98 million was generated.

Rivers Casino Portsmouth, which opened as Virginia’s first permanent casino in January 2023, generated about $21.6 million from its 1,415 slots and about $8.6 million from its 90 table games for a total AGR of approximately $30.2 million in May.

Last month, the Hard Rock Hotel & Casino Bristol reported nearly $24.2 million in AGR, with nearly $19.3 million of that coming from its 1,327 slots and about $4.9 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.

May’s total AGR for Virginia casinos is about a 9.5% increase from April’s AGR of about $98.9 million.

Virginia law assesses a graduated tax on a casino’s adjusted gaming revenue. For the month of May, taxes from casino AGRs totaled roughly $19.5 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 May, all localities received 6% of the respective casino’s AGR. Danville received about $2.3 million from Caesars Virginia. Portsmouth netted more than $1.8 million from the Rivers Casino Portsmouth‘s AGR. For the Bristol casino, the locality tax collected on its adjusted gaming revenue — coming to more than $1.45 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 $64,839 from the temporary casino, while Petersburg received $895,042 from its temporary casino.

The Problem Gambling Treatment and Support Fund receives 0.8% of total taxes — $156,046 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 $39,011 in May. The Interim Gaming Hall will give $10,806 (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 roughly $12.8 million in taxes goes to the state’s Gaming Proceeds Fund.