Casino revenues in Virginia reach new heights with over $14 million in taxes
Bristol, Virginia – The Virginia Lottery has released its monthly report detailing casino gaming activity across the state for June 2025, highlighting robust performance at Virginia’s three operational casinos: Hard Rock Bristol, Rivers Casino Portsmouth, and Caesars Virginia.
According to the report, these casinos together generated a total of $78.5 million in adjusted gaming revenue (AGR), which is calculated as wagers minus player winnings. This resulted in $14.1 million in state taxes paid to the Gaming Proceeds Fund.
Breaking down the numbers, slot machines accounted for the largest share of AGR, totaling over $58.9 million:
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Hard Rock Bristol: $17,242,522.30
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Rivers Casino Portsmouth: $18,606,185.09
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Caesars Virginia: $23,108,846.05
Table games contributed an additional $19.5 million:
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Hard Rock Bristol: $4,200,073.75
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Rivers Casino Portsmouth: $7,854,261.40
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Caesars Virginia: $7,458,081.10
The combined total AGR for June stood at an impressive $78,469,969.69.
Tax Distributions and Community Benefits
Virginia law outlines how the state’s graduated casino tax is divided. Of the $14.1 million collected:
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$4.7 million went to host cities or, in the case of Bristol, the Regional Improvement Commission (RIC).
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$113,000 was allocated to the Problem Gambling Treatment and Support Fund.
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$28,200 was directed to the Family and Children’s Trust Fund.
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The remaining $9.3 million stayed in the Gaming Proceeds Fund, supporting initiatives as determined by the Virginia General Assembly.
The breakdown of tax contributions per casino is as follows:
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Hard Rock Bristol: $3,859,667.29 in total tax, with $1,286,555.76 going to the RIC.
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Rivers Casino Portsmouth: $4,762,880.37 in total tax, with $1,587,626.79 going to the host city.
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Caesars Virginia: $5,502,046.89 in total tax, with $1,834,015.63 allocated to the host city.
Regulatory Oversight and Future Impact
The Virginia Lottery has overseen casino gaming regulation in the state since 2020, ensuring that gaming operations align with state laws and public benefit goals. Taxes generated by these activities are earmarked for state priorities, determined by the General Assembly.
For more details on Virginia’s casino operations, regulations, and public reports, residents and stakeholders can visit the official Virginia Lottery website at www.valottery.com/aboutus/casinosandsportsbetting/casinos.
With casino gaming continuing to expand in Virginia, the monthly reports show not only strong revenues but also significant contributions toward local communities and public support programs. As the industry grows, its financial impact is expected to play an increasingly important role in funding critical state initiatives.