The Virginia Lottery issued the latest report for the two casinos operating in the state:
- Hard Rock Hotel & Casino Bristol
- Rivers Casino Portsmouth
In April, Virginia casinos generated $35.37 million in adjusted gaming revenue (AGR). This figure represents the revenue casinos generated after subtracting wins and promotions from the total amount bet.
The number is also a slight month-over-month decrease from the $37.4 million made in March. For April, the casinos paid $6.37 million in taxes to the Gaming Proceeds Fund.
Virginia casino revenue numbers for April 2023
During last month, Hard Rock Casino Bristol made $14.04 million in revenue, an increase from $13.8 million generated in March. To be more specific:
- $11.29 million came from 888 slots
- $2.75 million was collected from 29 table games
Hard Rock Bristol received the Virginia Lottery Board’s casino license in April 2022. It is a temporary casino that opened its doors to the public in July 2022.
Rivers Casino is a permanent location with more slots and table games. The place, therefore, has a higher revenue result. Rivers Casino generated $21.33 million in April, a little less than in March ($23.7 million). During last month:
- $13.83 million came from 1,420 slot machines
- $7.50 million came from 81 table games
Rivers Casino received its casino license in November 2022 and opened for business in January.
Virginia collects $6.4 million in taxes
As mentioned, Virginia’s two casinos generated $6.4 million in taxes that went toward the state’s Gaming Proceeds Fund. According to the April report by the Virginia Lottery, the breakdown is as follows:
- Hard Rock collected nearly $2.53 million in taxes, with $842,447 for the Regional Improvement Commission.
- Rivers Casino Portsmouth collected almost $3.84 million in tax revenues, including nearly $1.28 million for the Host City.
First fine for Rivers Casino Portsmouth
Rivers Casino Portsmouth became the first casino to receive a fine from the Virginia Lottery Board. Rivers Casino, operated by Rush Street Gaming, agreed to pay a $275,000 fine for alleged casino violations.
The operator decided to settle rather than go through a more costly administrative hearing.
According to the Lottery Board’s statement, Rivers Casino had several oversights. Some of the allegations included:
- Allowing underage players to enter the casino floor
- Failure to properly license specific slot machines
- Allowing an individual whose name was on the state’s self-excluded list onto the gaming floor