Hard Rock International has given the green light for the construction of the permanent Hard Rock Bristol casino in Virginia, slated to begin in November. With an impressive budget of $300 million, this ambitious project is set to redefine the entertainment landscape in the region. Covering more than 100,000 square feet, the permanent casino promises a lavish experience, boasting 2,700 slots and 100 table games, an outdoor concert venue, multiple restaurants and bars, convention space, and a plethora of shops.
The Vision Unveiled:
With the grand opening of its temporary casino space inside the Bristol Mall in July, Hard Rock Bristol provided a tantalizing glimpse of what’s to come. Spanning 30,000 square feet, the temporary casino offered almost 900 gaming slots, 20 tables, non-smoking and high-limit gaming areas, a restaurant, a grab-and-go food outlet, and a lively sports bar and lounge with top-notch entertainment.
Exceptional Early Revenue:
In its inaugural month, the temporary casino made a stunning debut, registering an impressive revenue of $11.7 million. Of this, slots contributed $10.3 million, while table games brought in nearly $1.5 million. The casino’s early success translated into over $2.1 million in taxes for the Gaming Proceeds Fund, benefitting various crucial initiatives.
Enriching the Local Community:
Hard Rock Bristol’s impact extended far beyond its magnificent gaming floors. The Regional Improvement Commission received a significant boost with $703,000, enhancing the local infrastructure and development projects. Moreover, the Problem Gambling Treatment and Support Fund received $16,873, providing much-needed aid to those affected by gambling issues. The Family and Children’s Trust Fund also received $4,218 to support their invaluable work in the community.
Unveiling the Numbers:
The initial week of operations saw players passionately wagering a total of $37.5 million. Among these wagers, slot machines commanded a whopping 90%, accounting for $34.5 million in bets. Meanwhile, table games were not far behind, with a considerable $2.9 million in wagers. After factoring in payouts, the adjusted gaming revenue settled at $3.74 million, contributing significantly to the casino’s financial success. The taxes generated during this period surpassed $673,000, bolstering the local economy.
Hard Rock Bristol’s journey from its successful temporary casino to the impending construction of the grand permanent establishment is a testament to its commitment to providing unparalleled entertainment and prosperity to the region. As the November construction date approaches, excitement is building for the next chapter of this impressive casino venture. With its 100,000 square feet of gaming bliss, coupled with a diverse array of amenities, Hard Rock Bristol’s permanent casino is set to redefine the entertainment landscape and captivate the hearts of guests from all corners of the globe.