Yearly increase of 31.9% for casino revenue in Virginia, as observed in June
Virginia's Commercial Casinos Break Monthly Revenue Records in February 2025
Virginia's commercial casinos have set a new monthly revenue record, with a total gross revenue retention (GRR) of $75.2 million in February 2025. This figure surpasses the previous high from December 2024.
Leading the pack is Caesars Virginia in Danville, which reported a GRR of $31.1 million in February 2025, marking a 9% increase from January 2025. The other two casinos, Live! Casino & Hotel Virginia, Rivers Casino Portsmouth, and Hard Rock Bristol, also contributed to this impressive total.
While specific revenue figures for Hard Rock Bristol in February 2025 were not available, the casino's contribution to the statewide total indicates its significant role in the growing revenue trend. In a comparison with June 2023 figures, Hard Rock Bristol saw a 49.4% increase in revenue, reporting $21.4 million in June 2023.
Rivers Casino Portsmouth reported a year-over-year revenue increase of 2%, reaching $26.5 million in June 2024. Live! Casino & Hotel Virginia, another new addition to the Virginia casino scene, has appointed three members to its leadership team as of the report.
The three casinos collectively paid $14.1 million in taxes to the Virginia government in June 2024. The taxes support local programs and host cities, with the Problem Gambling Treatment and Support Fund, the Family and Children's Trust Fund, and the Regional Improvement Commission among the recipients.
The Virginia Lottery reported these revenue figures. In a broader context, US commercial gaming revenue is growing around 7–11% year-over-year in 2025, with land-based gaming revenue rising 4.8% in May 2025 nationally. This trend suggests continued growth potential for Virginia's casinos.
In summary, Caesars Virginia is currently the top-performing commercial casino in Virginia with strong growth, while Hard Rock Bristol contributes to the overall increasing revenue trend, though specific recent figures are not publicly detailed in available data.
Table: Gross Revenue Retention (GRR) and Growth Rates for Virginia's Commercial Casinos
| Casino | Revenue (GRR) | Growth Rate | Date | |-----------------------|------------------------|-----------------------|----------------| | Caesars Virginia | $31.1 million | 9% increase from prior month | February 2025 | | Total Virginia Casinos (including Hard Rock Bristol and one other) | $75.2 million | Set new record, up from $74.91 million | February 2025 |
[1] Data sourced from the Virginia Lottery. [2] Data sourced from the American Gaming Association. [4] Data sourced from the National Council of State Lotteries.
Casino-games such as slots and table games at Virginia's commercial casinos, like Caesars Virginia and Hard Rock Bristol, have contributed significantly to the record-breaking monthly revenue of $75.2 million in February 2025. The impressive growth of casino-and-gambling establishments, specifically Caesars Virginia with a 9% increase from January 2025, has driven this upwards trend in gaming revenue.
