Danville, Virginia, October 16, 2025
News Summary
Caesars Virginia experienced a substantial revenue drop in September 2025, reporting over $28 million in earnings, marking its lowest performance since opening. The decline of $6 million from August reflects a troubling trend in the state’s casino industry, with total revenues from all Virginia casinos also decreasing. Local officials are concerned about the financial impact on community funding and state budgets, as gambling tax revenue in Danville continues to fall.
Danville, Virginia – Caesars Virginia reported a total revenue of over $28 million for September 2025, marking the lowest earnings since the opening of its permanent resort in December 2024. The Virginia Lottery released the revenue report on October 16, 2025, highlighting a significant decline of $6 million compared to the previous month.
According to the report, Caesars Virginia’s slot machines alone generated $21,182,829.63 in revenue, while the casino’s 100 table games brought in $7,013,827.75 during September. This downturn in revenues is not isolated, as other casinos in the state have also experienced declines. River City Portsmouth reported revenues of $24,296,128.11 for the month, and the Hard Rock Casino Bristol reported $20,588,700.37.
In total, the revenues from all three casinos in Virginia amounted to $73,081,485.86 in September. This total represents the lowest monthly figure for 2025, as revenues continue to taper off. Since opening in Danville in mid-2023, Caesars Virginia has accumulated over $635 million in total receipts.
The tax revenue generated from Caesars Virginia for September totaled nearly $6.5 million, with almost $2 million allocated directly to the City of Danville. To date, Danville has collected approximately $42 million in gaming-tax revenue from the casino. Furthermore, the city benefits from reimbursements under an existing citing agreement with Caesars.
Local officials have expressed concerns regarding the decline in revenues, which impacts both local and state budgets. The casino features 1,500 slot machines, multiple gaming tables, a high-limit area, and a full sportsbook. When Caesars Virginia first opened, it included a grand celebration, featuring celebrity appearances, a parade, and local festivities. The anticipated economic impact of the casino was projected to generate between $35-40 million annually in gaming tax revenue for Danville, emphasizing the importance of healthy revenue flow for community funding.
With revenues dipping across the state’s casino sector, stakeholders are closely monitoring trends and considering strategies to stabilize and potentially rejuvenate the gaming market in Virginia.
Revenue Breakdown
| Casino | Revenue |
|---|---|
| Caesars Virginia | $28,000,000 |
| River City Portsmouth | $24,296,128.11 |
| Hard Rock Casino Bristol | $20,588,700.37 |
| Total Revenue from All Casinos | $73,081,485.86 |
FAQ
What was the total revenue for Caesars Virginia in September 2025?
Caesars Virginia reported a total revenue of over $28 million for September 2025.
How much did Caesars Virginia’s revenue decrease from the previous month?
Revenue decreased by $6 million compared to the previous month.
What was the total casino revenue for Virginia in September 2025?
Total revenues from all three state casinos in Virginia amounted to $73,081,485.86 in September, marking the lowest monthly total for 2025.
How much gaming-tax revenue has Danville collected to date from Caesars Virginia?
Danville has collected approximately $42 million in gaming-tax revenue from the casino to date.
Deeper Dive: News & Info About This Topic
HERE Resources
Rise in Sports Wagering in Virginia
Bristol Hard Rock Casino Reports Over $22 Million in Revenue for August
Hard Rock Casino Bristol Reports $21.4 Million Revenue
Hard Rock Hotel & Casino Bristol Posts Impressive Results
Additional Resources
- ABC11 News
- Wikipedia: Caesars Entertainment
- Chatham Star Tribune
- Google Search: Caesars Virginia Casino
- Hotel Dive
- Google Scholar: Caesars Virginia Casino
- WSET News
- Encyclopedia Britannica: Caesars Virginia Casino
- My Fox 8
- Google News: Caesars Virginia Casino
Author: STAFF HERE BRISTOL WRITTER
The BRISTOL STAFF WRITER represents the experienced team at HEREBristol.com, your go-to source for actionable local news and information in Bristol, Sullivan County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Bristol Rhythm & Roots Reunion, NASCAR races at Bristol Motor Speedway, Border Bash concert series, and the Hot Bristol Night Car Show. Our coverage extends to key organizations like the Bristol Chamber of Commerce, Believe in Bristol, and the Birthplace of Country Music, plus leading businesses in healthcare, manufacturing, and entertainment that power the local economy such as Ballad Health, Strongwell, and Bristol Motor Speedway. As part of the broader HERE network, including HEREChattanooga.com, HEREKnoxville.com, HEREMemphis.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
