Petersburg, Virginia Casino Posts Strong First 10-Day Revenue Total

A recently opened temporary casino in Petersburg, Virginia, reported a strong first 10 days of operation.

Live! Casino & Hotel Virginia generated close to $4.7 million in adjusted gross revenue during its first week and a half, according to figures from the state. The total includes earnings from the site’s opening day on Jan. 22 through Jan. 31.

The Commonwealth as a whole generated $81 million in total gaming revenue during January, leading to $14.6 million in gaming taxes.

Petersburg Casino adds to Virginia’s gaming momentum

Using the temporary casinos’ 31-day pace, the first full month of Virginia operating with five retail casinos – based on January’s figures – would’ve resulted in about $90.9 million in adjusted gaming revenue.

Those numbers helped cement the state’s overall momentum in the gaming industry. Q4 2025 numbers steadily increased over time, and the outlook is considered positive.

According to the state report, the revenue breakdown was as follows.

Slot machines generated approximately $3.9 million in adjusted gaming revenue. Table games contributed another $800,000, resulting in the $4.7 million total. That means that slot machines were close to five times more profitable than table games and live-dealer options.

Live!’s revenue total checked in fourth among the state’s locations, beating out the slot-focused Norfolk Interim Gaming Hall’s $1.1 million full-month total. Using the 31-day trajectory, the Petersburg still would’ve been fourth, but much closer to third-place Hard Rock Bristol ($19.5 million, slightly below its December total).

The full January performances can be found below.

• Caesars Virginia (Danville): $30.5 million
• Rivers Casino Portsmouth: $25.2 million
• Hard Rock Bristol: $19.5 million
• Live! Petersburg (Temporary; 10 days only): $4.7 million
• Norfolk Interim Gaming Hall (slot-oriented): $1.1 million

A feather in the cap

Live! in Petersburg launched its temporary facility with 75,000 square feet, over 900 slots and 30 table games, a bar, and fast-service dining options.

The facility sits inside a tent on Wagner Road, just off of Interstate 95. Casino operations will continue there for roughly two years until the full-fledged location is ready for launch.

Although the numbers are only reflective of 10 days, the revenue total is another piece of evidence for pro-gaming lawmakers.

A bill that was just approved in the Senate and sent to the House would authorize the construction of a casino in Fairfax County, pending a local referendum. The legislation previously required the facility to reside in Tysons, although that was eventually stripped before the proposal made its way to the House. 

The Petersburg casino’s performance also helps detract from the disappointment of the Norfolk casino, which Norfolk City Councilman Tommy Smigiel revealed would generate just $15 million in annual tax revenue, less than half of the estimated $33 million, according to WHRO Public Media.