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Virginia casinos generate $95.2m in February gaming revenue

Virginia’s five land-based casinos generated $95.2m in adjusted gaming revenue (AGR) in February 2026, with operators paying $17.1m in state gaming taxes.

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Virginia casinos generate $95.2m in February gaming revenue
Key Points
Virginia casinos reported $95.2m AGR in February 2026
Operators paid $17.1m in gaming taxes to the state
Caesars Virginia recorded the highest monthly revenue

The Virginia Lottery has reported that the state’s five operational casinos generated a combined $95.2m in adjusted gaming revenue (AGR) during February 2026.

Under Virginia law, casinos pay a graduated tax on AGR, defined as total wagers minus winnings. 

The February activity resulted in $17.1m in tax payments directed to the state’s Gaming Proceeds Fund, which supports a range of public programmes.

Of the state’s casino properties, Caesars Virginia generated the highest revenue during the month, reporting $31.8m in AGR. 

This total included $23m from slot machines and $8.8m from table games.

Rivers Casino Portsmouth also ranked highly, hitting the second-largest revenue figure at $26.4m, with $18.4m from slots and $8.0m from table games. 

The most meagre contribution came from The Interim Gaming Hall Norfolk, which generated $975,608 in AGR.

Virginia’s casino tax revenue is distributed across several public funds and local government allocations.

From February’s $17.1m tax total, approximately $5.7m was allocated to host cities or the Regional Improvement Commission associated with the Bristol casino.

The distribution to third-sector organisations included $137,027 for the Problem Gambling Treatment and Support Fund and $34,256 for the Family and Children’s Trust Fund. 

A smaller portion, $9,756, went to the Virginia Indigenous People’s Trust Fund, reflecting the partnership between the Norfolk casino project and the Pamunkey Indian Tribe.

The remaining $11.2m will remain in the Gaming Proceeds Fund.

Good to know

The Virginia Lottery has been working throughout March to raise awareness of problem gambling as part of Problem Gambling Awareness Month

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