USA Market Report
32. Virginia
Commercial Casinos Commercial GGR Slots in Casinos
GGR Sports Betting
Authorised Gambling Commercial casinos, electronic gaming devices, retail sports betting, online sports betting, lottery, ilottery 3
$1.12bn 3,185
$560.2m
Commercial gaming is offered in Virginia at one permanent landbased casino with slots, table games and sports betting and at two temporary landbased casinos limited to slots and table games. Casinos were permitted in 2020 via legislation which allowed for up to five casinos in specific cities across the state. Virginia Lottery Board regulates both casino gaming and online sports betting.
Te first to open was in Bristol in July 2022. Te 30,000 sq.ft Hard Rock Casino has been op- erating as a temporary facility until a full scale resort is built and operates 900 slots and 29 table games. Tere is a restaurant, sports bar and lounge. Te $515m permanent facility was due to open
in November 2024 after construction began in January 2022. It will house a 303 room hotel, more than 1,500 slots, 75 table games, new dining areas and 2,000 seat entertainment venue. Rivers Casino Portsmouth opened as a per-
manent casino in January 2023 and is operated by Rush Street Gaming which has five casinos in total across the US. It offers 1,400 slots, table games and BetRivers sportsbook. Finally Caesars Virginia Casino in Danville
opened in May 2023 and has 800 slots, 33 table games and 28 electronic table games and is seeing around 100,000 visitors per month. Te $750m 90,000 sq.ft permanent facility
was due to open by end 2024 will double the size of the temporary casino housed opposite the construction site and will include a 320 room hotel and gaming floor with 1,300 slots, 85 tables
59
and 24 electronic table games. Tere will be spa, pool, bars and dining facilities and 2,500 seat entertainment theatre. Commercial casino GGR in 2023 amounted to $1.12bn with $410.8m coming from slots, $144.1m from table games and $6.6m from the sportsbook at Rivers Casinos. In 2020 online sports betting was authorised and operators could obtain permits to offer wa- gering across the state. Te law allows for 19 permits with seven reserved for designated partners of the casinos or sports teams. In 2023 online sports betting was offered via
17 licensed sportsbook platforms and overall sports betting revenue for 2023 was $560.2m of which almost 99 per cent comes from the online sector.
Te biggest market share is held by FanDuel (40 per cent) and DraftKings (27 per cent).
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140
