Rise in Gambling Income at Virginia Casinos Reaches $78.8 Million in April

Virginia Casinos See Increase in Tax Revenue and Adjusted Gross Revenue in April 2025

Virginia's casinos reported a significant increase in tax revenue and Adjusted Gross Revenue (AGR) for the month of April 2025.

Slot machines accounted for $59.5 million of the total AGR, marking a 35.6% increase from the same month last year. This growth was driven by strong performances at Caesars Virginia and Hard Rock Bristol.

Caesars Virginia led in AGR for the month with $32.4 million, a 64.2% increase from the previous year. Hard Rock Bristol reported $21 million in AGR, a 50.9% increase. These figures contributed to a total AGR of $148.9 million for the state's casinos.

The increase in AGR led to a corresponding rise in tax revenue. In April, the casinos generated $16.64 million in taxes, with the funds distributed according to the state's established tax structure.

The tax structure is based on a graduated tax on casino AGR, with the majority of the revenues shared primarily with host localities and statewide funds.

Host localities receive a fixed percentage of the casino AGR. For example, Portsmouth received 6%, Danville 7%, and Bristol 6% allocated to local commissions or entities for regional improvement. For some casinos, like Bristol, a portion of AGR goes to a Regional Improvement Commission to distribute funds across a wider region.

Statewide allocations include the Problem Gambling Treatment and Support Fund and the Family and Children’s Trust Fund. The Problem Gambling Fund received nearly $133,151 (0.8%) of the total tax revenue, while the Family and Children’s Trust Fund received about $33,288 (0.2%).

The remaining tax revenue is allocated to the Virginia State General Fund and other uses. The specific allocation for these funds is not detailed, but they are intended to support various state initiatives.

In addition to casino gaming taxes, Virginia also taxes sports betting at 15%, with most of those funds going to the state general fund and a small portion to problem gambling treatment. This is separate from casino gaming taxes but relevant to overall gaming tax revenues.

In summary, the tax revenue distribution for Virginia casinos in April 2025 primarily goes to host localities, regional improvement commissions, the Problem Gambling Treatment and Support Fund, the Family and Children's Trust Fund, and the Virginia State General Fund and other uses. This reflects a focus on local economic support, problem gambling mitigation, and family services funded by casino tax revenues.

Specific figures for April 2025 are not yet available, but the proportional distribution aligns with the details above based on available data from mid-2025.