Rivers Casino Portsmouth saw $23.6 million in revenue this March, the latest monthly gaming report from the Virginia Lottery shows.
That’s down about a million dollars from February’s report, which showed $24,661,600.84 for the new casino on Victory Boulevard that just opened in late January.
March’s earnings included $15.9 million from slots and $7.6 million from table games.
About $1.4 million of March’s revenue will go to the City of Portsmouth in taxes, the report shows. Portsmouth city leaders are expecting about $16 million in tax revenue for 2023, according to the city’s fiscal year 2024 budget, but are expecting local revenues from the casino to decline over the next 18 months.
