Virginia: Danville Casino revenue jumps in December, bringing in $19.74 million

Tuesday, January 16, 2024 3:59 PM
  • Charles Wilborn , Danville Register & Bee

Danville Casino’s revenue jumped by about $2 million in December, according to figures released Friday afternoon by the Virginia Lottery.

The temporary facility in the Schoolfield area of Danville brought in $19.74 million in revenue in the holiday month, compared to $17.5 million in November.

November marked a reversal after a three-month decline of earnings. July remains the biggest month with $21.4 million collected.

Since opening May 15 — to long lines and eager patrons — the casino has brought in $145 million in gaming revenue.

The city will receive at least $1.18 million in tax revenue for the December period, the lottery reported. However, an arrangement with Caesars Virginia means the city gets 2.5% of the company’s gaming revenue up to $200 million. Those direct payments are in addition to the gaming tax revenue generated.