Casino

Caesars in Danville leads Virginia’s casinos in January revenue

Thursday 20 de February 2025 / 12:00

⏱ 1 min read

(Virginia).- The casino resort, which opened Dec. 17, brought in more than $28 million in revenue in its first full month.

Caesars in Danville leads Virginia’s casinos in January revenue

The first full month of operations at the Caesars Virginia casino resort in Danville yielded more than $28.5 million in total revenue, more than either the Hard Rock Bristol casino or the Rivers Casino Portsmouth. 

This is just slightly more than Caesars’ December revenue, which was $28.3 million, though the casino opened just over halfway through the month. 

In January, almost $21.4 million was brought in through slot machines in Danville, with the remaining $7.2 million from table games. 

Across the state, casinos brought in $72.3 million for the month, with the Hard Rock Bristol and the Rivers Casino Portsmouth generating about $18.5 million and $25.2 million in revenue in January, respectively. 

A portion of the total revenue goes to the host localities through the gaming tax.

Danville saw almost $1.7 million in gaming tax revenue during the month of January, a slight dip from the almost $2 million it brought in in December. 

The city is projected to see an additional $35 million to $40 million after the casino resort’s first full year of operations, Danville City Manager Ken Larking said. The city’s total budget for the 2024 fiscal year is about $140 million. 

The Hard Rock Bristol, which divides this money among 14 localities in Southwest Virginia, brought in $1.1 million in gaming tax revenue in January. 

The Rivers Casino Portsmouth contributed about $1.5 million in gaming tax revenue to its host city. 

Categoría:Casino

Tags: Sin tags

País: United States

Región: EMEA

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