Revenue from historical horse racing (HHR) in Virginia was almost flat in June, a half-percentage point down from the same period in 2025. All the machines in question are owned by Churchill Downs.
However, when reported on a same-store basis (excluding three newly opened properties), revenue sank 12 percent. J.P. Morgan analysts attributed the declivity to the new temporary Cordish Gaming casino in Petersburg, with the nearby Richmond market particularly hard-hit.
Historical racing machines (HHRs) in Richmond lost a quarter of their income compared to 2025. Averaging $270 per HHR per day, the Richmond-area slot parlors reported $9.7 million in revenue, a 25.1 percent plunge.
Also hard hit was the Rosie’s slot parlor in Emporia, where takings plummeted 16.5 percent to $1.7 million. Its machines averaged $380 apiece per day.
Yet another location reeling from new competition was Colonial Downs’ racino. It spiraled 24.2 percent to $3.5 million, averaging $282 per HHR per day.
At the other end of the state and the revenue spectrum, The Rose casino in Dumfries saw revenues soar 18.9 percent to $13.8 million. It averaged $286 per slot per day.
The new Roseshire parlor in Henrico County posted an average of $480 per HHR, highest in the Cavalier State. It grossed $2.5 million.
Gainers also included Rosie’s in Hampton Roads, up seven percent to $8.9 million. Its per-HHR average was $424 daily.
Rosie’s in Vinton grossed $4.8 million for a 6.3 percent increase. Its per-device average was $337 daily.
Making $400,000 for June was Rosie’s in Colinsville. That was a 4.4 percent boost, as its slots averaged $323 per machine per day.
