Virginia Casino Revenue Surges 26.6% to $95.2M in February 2026
Virginia’s casinos generated $95.2 million in revenue in February 2026, up 26.6% year-over-year, driven largely by Caesars.
Virginia’s casino market posted its strongest February on record. The state’s casinos generated a combined $95.2 million in adjusted gaming revenue last month. That is up 26.6% from February 2025’s $75.17 million. It also marks a 17.5% jump from January 2026’s $81.02 million.
The figures were published by the Virginia Lottery. February’s total was boosted by two factors. Caesars Virginia continued to perform strongly in its first full year. The temporary Petersburg casino posted its first complete month of results.
These record numbers come at a time when Virginia is seemingly split over where the future of gambling should go in the state.
Caesars Virginia Leads All Properties
Caesars Virginia in Danville topped the state in February, making it two massive back-to-back months. The property opened in December 2024 and reported $31.82 million in adjusted gaming revenue for the month. Slots produced $23.05 million of that total. Its 94 table games contributed the remaining $8.77 million.
Hard Rock Hotel & Casino Bristol came in second. The permanent facility, which opened in November 2024, generated $20.92 million. Slots accounted for $17.06 million. Table games added $3.86 million. The Bristol property first opened as a temporary facility in July 2022, making it the first operating casino in Virginia.
Rivers Casino Portsmouth finished third. Virginia’s first permanent casino, open since January 2023, produced $26.42 million across its 1,420 slots and 84 table games. Slots brought in $18.44 million. Tables contributed $7.98 million.
Petersburg Completes First Full Month
The temporary Petersburg casino posted $15.02 million in its first complete month of operations. It opened on January 22. Slots generated $11.21 million across 926 machines. Table games added $3.81 million from 32 tables.
The temporary facility is a precursor to a much larger permanent development. The Cordish Companies and Virginia Beach developer Bruce Smith Enterprise broke ground in March 2025 on the $1.4 billion Live! Casino & Hotel Virginia. That permanent facility is slated to open in 2027.
Norfolk Interim Gaming Hall Begins Contributing
Norfolk’s Interim Gaming Hall also reported its first full months of data. The temporary casino opened on November 7, 2025. It generated $975,609 in February. All of that came from approximately 132 slot machines. The venue does not currently offer table games.
The temporary facility is holding the market while a permanent $750 million casino is developed by Boyd Gaming and the Pamunkey Indian Tribe. That project is also expected to open in 2027.
Tax Contributions From February Results
February’s adjusted gaming revenues generated approximately $17.13 million in state and local taxes. Virginia applies a graduated tax rate based on each operator’s annual adjusted gaming revenue.
All properties currently receive the base 6% locality rate. Danville received $1.91 million from Caesars Virginia. Portsmouth netted $1.59 million from Rivers Casino. Bristol’s $1.26 million goes to the Regional Improvement Commission, which distributes funds across Southwest Virginia. Norfolk received $58,537 from the temporary casino. Petersburg collected $901,105.
Several funds also receive fixed shares of total tax revenue. The Problem Gambling Treatment and Support Fund received approximately $137,027. The Family and Children’s Trust Fund received $34,257. The Virginia Indigenous People’s Trust Fund received $9,756 from the Norfolk Interim Gaming Hall. The remainder of roughly $11.24 million flowed to the state’s Gaming Proceeds Fund.
Virginia’s gaming market continues to expand. Two more permanent casinos are scheduled to open in 2027. Monthly revenue figures are published by the Virginia Lottery and available at valottery.com.
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