Virginia Casino Revenue Climbs Nearly 30% as New Properties Ramp Up

Exterior of caesars virginia following casino revenue growth

Casino revenue in Virginia climbed sharply in November as new and newly permanent properties pushed statewide gaming revenue to $82.4 million, a 29.7% increase from $63.6 million a year earlier, according to the Virginia Lottery.

Key Takeaways:

  • Casino revenue in Virginia increased by 29.7% year-over-year in November, reaching $82.4 million
  • New permanent properties like Caesars Virginia significantly contributed to revenue growth
  • Slot play and table games both saw sharp increases as properties settled into operations

Caesars Virginia, which opened its permanent facility in December 2024, accounted for the largest gain, rising 70.5% to $33.7 million, while Hard Rock Bristol and Rivers Casino Portsmouth also contributed meaningful gains amid expanded capacity and new floor plans. 

Boyd Gaming’s temporary Norfolk facility, opened November 6, generated $1.4 million from slots, underscoring demand as operators staged phased rollouts.

Casino Revenue Growth Led by Slots and Table Games

Slot play led the advance, with slot revenue up 27.9% to $61.2 million and table games up 35.3% to $21.2 million, reflecting both increased seat counts and higher table utilization as properties settled into permanent operations. 

The rapid expansion of brick-and-mortar capacity and strategic temporary venues has materially changed monthly comparables and will continue to shape revenue trends with additional projects such as the newly approved Golden Eagle casino adding to the state’s longer-term development pipeline.