Bristol Casino Shatters Expectations with Over $215 Million in Adjusted Income

Virginia has three casinos, all of which have reported a combined income of nearly $50 million in adjusted gaming income for the month of October. One of these casinos, Bristol Casino, has reached more than $215 million in adjusted gaming income since it officially opened 16 months ago.

Bristol Casino, Virginia’s first casino, collected close to $12.7 million in adjusted gaming income in October. The majority of this income, around $10.32 million, came from the casino’s 897 slot machines, which accounted for nearly 81% of the total income for the month. The remaining income of $2.35 million came from the casino’s 29 table games. In the 16 months since its opening, Bristol Casino has generated more than $215.4 million in overall adjusted gaming income.

The total adjusted gaming income for all three of Virginia’s casinos in October was over $49.5 million, with $12.4 million coming from table games and $37.2 million from slots. Rivers Casino Portsmouth reported an income of $20.03 million, with $14.3 million from slots and $5.7 million from table games. The Caesars interim establishment in Danville revealed an income of $16.84 million, with $4.25 million from table games and $12.6 million from slot machines.

In terms of gaming tax income, the three casinos collected a total of $9.11 million in October. Bristol Casino raised $2.28 million, Rivers Casino Portsmouth raised $3.79 million, and the Caesars interim establishment in Danville raised $3.03 million in gaming tax income. Virginia earned approximately $6 million from the gaming tax income for the month.

Bristol Casino is set to become the future home of Hard Rock and is expected to open in July next year. Rivers Casino Portsmouth officially opened its doors on Monday, January 23, 2023, and Caesars Virginia casino is projected to open in late 2024. Until then, both of these casinos are operating out of temporary facilities.