Virginia Lottery Releases October 2023 Casino October 2023

Today, the Virginia Lottery released its report on casino gaming activity for the month of October 2023. Virginia has three operating casinos: Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth and Caesars Virginia.

During October, Virginia casinos received a total of $49.6 million in gaming revenue. Virginia law evaluates progressive taxes on the AGR of casinos, calculates bets minus wins, and taxes of $9.1 million were paid to the Game Revenue Fund. 카지노사이트 순위

The Virginia Lottery Board approved the casino permit for HR Bristol in April 2022, and the temporary facility on the former Bristol Mall site opened to the public on July 8, 2022. The Virginia Lottery Board approved the casino permit for Rivers Casino Portsmouth in November 2022, and the casino opened to the public on January 23, 2023. The Virginia Lottery Board approved casino permits for Caesars Virginia in April 2023, and the temporary facility in Danville opened to the public on May 15, 2023.

The statute of state taxes for casino AGR specifies distribution to the problem gambling treatment support fund, family and child trust fund and host city, and for Bristol casinos, distribution of taxes reserved to the host city to the Regional Improvement Commission (RIC), and the timing of distribution of taxes varies.

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