Virginia casino revenue increases 30.9% during March 2025
The nearly $85.2m in casino revenue reported throughout the month by Virginia Lottery was primarily driven by slots, which accounted for $63.3m of the March 2025 revenue.
Key Points
- Slot revenue managed to increase by 29.4% from the prior year period, while table game revenue grew by 35.5% year-over-year for a total of just over $21.9m
- Caesars Virginia accounted for the most revenue of any property during March 2025 with a reported total of $36m, while Hard Rock Bristol and Rivers Casino Portsmouth generated $21.3m and $27.9m, respectively
The Virginia Lottery has released the state’s casino revenue during March 2025 from the three properties which report to the organization, as revenue increased by 30.9% year-over-year for a total of nearly $85.2m.
Caesars Virginia managed to generate the most revenue of any property during the period, reporting $36m in casino revenue which equates to an increase of 70.7% from the prior year period. Slot revenue accounted for just over $26m of the total revenue, while table games made up the remaining $10m.
At Hard Rock Bristol, the property generated $21.3m of revenue throughout March 2025, increasing by 31.1% year-over-year and producing over $17.3m in slot revenue. Rivers Casino Portsmouth was second behind Caesars Virginia in casino revenue for March 2025, reporting $27.9m which equates to an increase of 0.5% from the prior year period.
Slot revenue accounted for $63.3m of the total revenue generated by all three casino properties, resulting in an increase of 29.4% from the prior year period, while table game revenue grew by 35.5% year-over-year for a total of just over $21.9m.
Good to know: The Virginia Lottery released its financial figures for the period between February 1 and February 28, 2025, with gross sports gaming revenue totaling $556.8m
Virginia law taxes casino revenue at 18% for each property, leading to tax payments of $3.8m for Hard Rock Bristol, just over $5m for Rivers Casino Portsmouth and $6.5m for Caesars Virginia.
The monthly tax revenue total of $15.3m will be dispersed between the Regional Improvement Commission, Problem Gambling Treatment and Support Fund as well as the Family and Children’s Trust Fund, also representing an increase of 30.9% year-over-year.
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