Casino earnings in Virginia surge by 31.9% compared to last year, as reported in June.
In the world of gaming, Virginia has been making waves as its three commercial casinos reported impressive revenue figures for June 2025.
Leading the pack was Caesars Virginia, with an impressive revenue of approximately $30.56 million. This significant increase can be attributed to the casino's transition from a temporary facility to a permanent resort location six months prior. The new establishment boasts 320 hotel rooms, restaurants, and expanded amenities, which have contributed to its leading position.
Following closely was Rivers Casino Portsmouth, with about $26.5 million in revenue. Although it didn't quite match Caesars Virginia's figures, it remains a stable and reliable revenue contributor.
Hard Rock Bristol came in third, generating around $21.4 million. Despite being an established operator, it also saw a notable increase in revenue compared to the previous year.
Collectively, these casinos generated roughly $78.5 million in revenue for the month, a figure that, while down 8% compared to May 2025, still signifies a strong showing for the market. The decline notwithstanding, the casinos collectively paid $14.1 million in taxes to state coffers.
The Virginia Lottery plays a central role in compiling, reporting, and overseeing the revenues from these casinos and sports betting operations. It publishes detailed monthly reports on wagering activity, adjusted gross revenues, and taxes collected. The Lottery ensures compliance with state regulations and distributes the generated tax proceeds accordingly, contributing to various state funds such as the Problem Gambling Treatment and Support Fund and the State Lottery Proceeds Fund, which supports K-12 public schools.
In the realm of sports betting, Virginia saw a 15% increase in wagers year-over-year by June 2025, with total sports betting handle reaching $478 million and sportsbook revenues rising over 33% to approximately $61 million. This growth indicates strong consumer engagement.
In summary, the Virginia Lottery administers revenue reporting, tax collection, and fund distribution for the commercial casino and sports betting industry in Virginia, ensuring transparency and funding for public initiatives. The three commercial casinos in Virginia—Caesars Virginia, Rivers Casino Portsmouth, and Hard Rock Bristol—continue to drive economic growth and contribute to the state's coffers.
- The transformation of Caesars Virginia from a temporary facility to a permanent resort, which includes expansive amenities such as hotels, restaurants, and gaming options, has become a defining aspect of the broader casino-culture in Virginia.
- Alongside revenue generation from casino-games and casino-and-gambling operations, the Virginia Lottery also plays a crucial role in managing betting activities, notably sports betting, and distributing the associated funds towards initiatives like problem gambling treatment, K-12 public schools, and state coffers.
