The final month of 2023 delivered big returns for Virginia’s retail casinos, with double-digit increases in revenue and taxes generated, setting the table for a 2024 to remember in the Old Dominion. Overall, Virginia’s three brick-and-mortar casinos took in $58,520,400 in adjusted gross revenue in December, which represented a 14.3% month-over-month increase from the $51,197,471 the facilities raked in during November.
The three facilities, in Rivers Casino Portsmouth, Caesars Virginia and Hard Rock Casino in Bristol, also took in $42,834,453 in slots revenue in December, which was up 13.9% from November’s total of $37,619,809. As far as revenue from table games was concerned, the three operators saw a total of $15,685,947 in the final month of the calendar year, up 15.5% from November’s total of $13,577,662.
Finally, the tax bill for the three casinos in Virginia was $11,726,425 in December, which represented a 13.9% jump from November’s sum of $10,295,451. There are no legal Virginia online casinos.
How Virginia’s Casinos Performed Overall
Of the three retail casinos in the state, Rivers Casino in Portsmouth had the largest share when it came to aggregate gaming revenue, at $23,855,060, and total taxes generated, at $5,486,664.
Trailing the Tidewater facility in both categories was Caesars Virginia, which finished as the No. 2 operator when it came to AGR ($19,740,480) and taxes generated ($3,553,286). The Caesars casino features a retail Caesars Sportsbook Virginia location.
Lastly, Hard Rock Casino in Bristol was third in AGR ($14,924,860) and taxes generated ($2,686,475), putting the final note on a strong closing month to 2023 for casinos in the Dominion.
