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Live! Petersburg debut helps Virginia casino revenue increase 12% for January

The new Cordish Companies site generated $4.7m of casino revenue in its opening month, while Caesars Virginia produced the most revenue of any property after rising 6.8% to $30.5m.

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Live! Petersburg debut helps Virginia casino revenue increase 12% for January
Key Points
Slot revenue for Virginia casinos increased 13.4% to $61m for January 2026, while table game revenue rose 7.8% to nearly $20m
Interim Gaming Hall Norfolk, operated by Boyd Gaming, reported a January 2026 casino revenue of $1.1m after debuting in November

The Virginia Lottery has reported the state’s total casino activity for January 2026, as revenue increased 12% to just over $81m, aided by the debut of Live! Casino & Hotel Virginia in Petersburg on January 23. 

Developed by The Cordish Companies in partnership with Bruce Smith Enterprise, Live! Casino & Hotel Virginia’s temporary facility generated nearly $4.7m of casino revenue during the final week of January, including $3.9m of slot revenue and $789,200 from table games. 

The permanent resort is expected to open in late 2027 and will include a larger gaming floor, hotel accommodations, meeting and entertainment space and expanded dining options.

Caesars Virginia managed to produce the most revenue of any Virginia gaming establishment during January 2026, reporting $30.5m for an increase of 13.4% year-over-year. 

Rivers Casino Portsmouth and Hard Rock Bristol generated January 2026 casino revenues of $25.2m and $19.5m, respectively, representing a decrease of 0.1% for Rivers Portsmouth but a 5.5% increase for the Hard Rock International property.

The Interim Gaming Hall Norfolk, operated by Boyd Gaming and developed in partnership with the Pamunkey Indian Tribe, produced nearly $1.1m of casino revenue after launching in mid-November 2025. 

Similar to Live! Casino & Hotel Virginia, the Interim Gaming Hall Norfolk will be replaced by a permanent facility in 2027, featuring a construction cost of approximately $750m. 

The five Virginia operators combined to pay close to $14.6m in total taxes for January 2026, including $4.9m to the host cities in which each is located, over $116,000 to the state’s Problem Gambling Treatment and Support Fund and $9.6m to the Gaming Proceeds Fund. 

Good to know

Virginia’s Senate Finance and Appropriations Committee voted 8-6 to advance SB 118 on February 10, which could potentially legalize iGaming and allow retail casinos to partner with up to three online casino platforms

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