Annual 
Earnings for VIGL Operations (Caravelle Casino) 
 
Fiscal Year 2016 
$1,855,512.44 
Fiscal Year 2017 
$ 4,383,082.25 
Fiscal Year 2018 
$13,392,867.05 
Fiscal Year 2019 
$10,339,583.94 
***Fiscal Year 2020 
$ 5,482,006.09 
Fiscal Year 2021 
$6,644,439.17 
Fiscal Year 2022 
$6,875,784.33 
Fiscal Year 2023 
$ 9,300,492.55 
 
  Fiscal Year 2024 
 
 
         $ 8,245,200.41 
 
 
VIGL, Caravelle Casino, commenced operation in April 2016. 
Annual Earnings for Divi Carina Bay Casino and TRAXCO 
 
 
DIVI 
TRAXCO 
Fiscal Year 2014 
$10,916,488.51 
$4,203,753.62 
Fiscal Year 2015 
$11,410,919.44 
$3,731,621.37 
*Fiscal Year 2016 
$10,687,486.66 
$2,120,968.51 
Fiscal Year 2017 
$ 9,901,610.50 
 
**Fiscal Year 2018 
$838,451.82 
 
Fiscal Year 2019 
$12,078,421.88 
 
***Fiscal Year 2020 
$ 6,683,362.35 
 
Fiscal Year 2021 
$12,003,961.43 
 
Fiscal Year 2022 
$10,730,433.26 
 
Fiscal Year 2023 
$ 9,442,899.33 
 
 Fiscal Year 2024 
 
 
       $10, 281,932.52 
 
 
Virgin Islands Casino Control Commission 
Eileen Ramona Petersen Casino Control Commission Building 
3005 Orange Grove 
Christiansted, VI  00820 
Telephone: 340-718-3616  Fax: 340-718-3136 
Email: info@casinocontrolcommission.vi 
Website: www.casinocontrolcommission.vi 
 
Virgin Islands Casino Control Commission 
 
Page 2 
 
 
 
*TRAXCO ended operations on May 6, 2016 
**On September 20, 2017 Hurricane Maria caused Divi Carina Bay Casino to close due to significant 
damages to the casino. DIVI reopened in September 2018. 
*** Due to the pandemic, Governor Bryan ordered all casinos closed from March 21 to June 9, 2021 
and July 10 to September 15, 2021. 
"Gross revenue", as defined by the Casino and Resort Control Act of 1995 is the total of all 
sums, including checks received by a casino licensee pursuant to section 457 of this title, whether 
collected or not, actually received by a casino licensee from gaming operations, less only the 
total of all sums paid out as winnings to patrons and a deduction for uncollectible gaming 
receivables. The deduction for uncollectible gaming receivables shall not exceed the lesser of: 
(1) a reasonable provision for uncollectible patron checks received from gaming operations; or 
(2) four percent (4%) of the total of all sums including checks, whether collected or not, less 
than the amount paid out as winnings to patrons. Gross revenue shall not include any amount 
received by a casino from casino simulcasting. For the purpose of this definition, any check 
which is invalid and unenforceable pursuant to subsection (f) of section 457 of this title, shall be 
treated as cash received by the casino licensee from gaming operations.