March 18, 2025 Marija D
new revenue milestone in February, generating over $75 million in total gaming revenue, according to a recent report from the Virginia Lottery. This figure sured the previous record of $74.91 million set in December 2024, highlighting the continued expansion of the state’s gaming industry.
Hard Rock Hotel & Casino Bristol led the way among Virginia’s casinos, reporting $19.7 million in adjusted gaming revenue for February. This marks a 6.5% increase from January, when the venue recorded $18.52 million in revenue. The majority of Hard Rock’s earnings came from slot machines, which generated $16.43 million, up from $15.15 million the previous month. Table games, however, saw a slight dip, bringing in $3.31 million compared to $3.36 million in January.
Tax contributions from Hard Rock Bristol amounted to $3.55 million in February, with $1.18 million allocated to the Regional Improvement Commission for distribution among 14 localities in Southwest Virginia. The casino has maintained impressive momentum in 2025, reporting $38.26 million in adjusted gaming revenue for the first two months of the year—a 50.5% increase from the $25.41 million generated by the temporary Bristol Casino during the same period in 2024. Similarly, tax revenues directed back to the region grew by 50.6%, reaching $2.29 million compared to $1.52 million in early 2024.
Since its full-scale launch, Hard Rock Bristol has accumulated nearly $59 million in adjusted gaming revenue, contributing $10.6 million in state gaming tax revenues over its first three complete months of operation.
Caesars Virginia also experienced revenue growth in February, generating $31.14 million in adjusted gaming revenue, a 9.1% increase over January. Slot machines contributed $21.5 million, while table games brought in $9.6 million. The casino’s tax contributions reached $5.6 million, with $1.86 million allocated to Danville, the host city.
In contrast, Rivers Casino Portsmouth saw a slight decline in revenue. The casino reported $24.28 million in adjusted gaming revenue for February, down from $25.25 million in January. Slots remained the dominant source of revenue, generating $17.45 million, while table games contributed $6.82 million. Rivers Casino paid $4.37 million in state gaming taxes, with $1.45 million returned to Portsmouth.
Virginia’s casino market continues to expand, setting new records and boosting local economies through gaming tax revenues. With February marking the highest monthly revenue total to date, the state’s gaming sector remains a significant economic driver.
Source:
Hard Rock Bristol reports $19.7M in February gaming revenues, heraldcourier.com, March 15, 2025.