Virginia casino reports 'record breaking month' as slot machines dominate
Virginia’s gaming industry has reported a record-breaking month, with casino revenue reaching $75.1 million (€69.2m) in February, according to the latest figures released by Virginia Lottery.
Among Virginia’s three operational casinos, Caesars Virginia emerged as the top performer with an adjusted gross gaming revenue (AGR) of $36.8 million (€33.1m). The majority of this revenue came from its 1,477 slot machines, which generated $21.5 million (€19.9m), while its 100 table games contributed $9.6 million (€8.8m).
The latest figures surpass the previous record of $74.9 million (€69m) set in December 2024, underlining the growing appeal of casino gaming in the state.
Surge driven by slot machines
The revenue surge was largely driven by slot machines, which accounted for $55.4 million (€51m), while table games contributed $19.7 million (€18.2m).
Rivers Casino Portsmouth followed closely, reporting $24.3 million (€22.5m) in total revenue. Its 1,417 slot machines accounted for $17.4 million (€16.1m), while its 84 table games contributed $6.8 million (€6.3m).
Hard Rock Hotel & Casino Bristol, which is currently operating in a temporary capacity, generated $19.7 million (€18.2m) in revenue. Slots contributed the bulk of this amount, bringing in $16.4 million (€15.1m), while its 73 table games generated $3.3 million (€3m).
More casino projects planned in Nortfolk
In addition to the strong financial performance of Virginia’s existing casinos, progress is being made on a new casino project in Norfolk. Boyd Gaming has appointed Ronald “Ron” Bailey as Vice President and General Manager to oversee the development of the upcoming casino near Harbour Park.
A temporary casino is expected to open at the site later this year, providing an early glimpse of what the permanent venue will offer when it launches in late 2027.
The Norfolk casino is being developed through a partnership between Boyd Gaming and the Pamunkey Tribe, operating under Golden Eagle Consulting II, LLC. Once completed, the resort will feature 1,500 slot machines, 50 table games, a 200-room hotel, and eight food and beverage outlets.
The project is expected to generate over 3,500 jobs, providing a significant boost to employment and economic activity in the region.
Virginia’s casino industry has demonstrated resilience and expansion, with revenue figures showing consistent growth. Despite the seasonal fluctuations typically observed in the gaming sector, the state’s casinos have managed to post impressive year-on-year gains.
With new projects such as the Norfolk casino in development, industry analysts predict continued momentum for the gaming sector in Virginia, further solidifying its place in the region’s economy.
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