Virginia: Slots on top during Hard Rock Bristol’s first week of operation

Virginia: Slots on top during Hard Rock Bristol’s first week of operation

Casino customers wagered a total of $37.51 million in the first week of operation at Virginia’s first casino, a temporary gaming location inside the city of Bristol, which was opened for business between July 5 and July 14, 2022. Unsurprisingly, video slots raked in the most revenues, earning around $3 million throughout the initial week.

Hard Rock Bristol

Featuring the Future Home of Hard Rock After Opening this Month 

Following a pair of soft opening events on July 5 and 7, Bristol Casino – Future Home of Hard Rock, which was one of four establishments competing to debut first within the state, paid out a total of $33.77 million to patrons upon officially opening their doors on July 8 after officially opening their doors on July 8.

 According to the numbers that were made public by the Virginia Lottery Board, slot machines were the most popular game, with players betting a total of $34.57 million and winning $31.22 million. The earnings from table games were $2.54 million, while players spent a total of $2.93 million.

The facility has 870 slot machines, 21 table games, and a sportsbook, and the adjusted gaming revenue came in at $3.74 million. The adjusted revenue from slot machines was $3.34 million, while the adjusted revenue from table games was $396,085. The total amount collected for tax, which is now set at 18%, was $673,928, with slot machines giving $602,633 as opposed to the tables’ contribution of $71,295.

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Currently in the Process of Developing Additional Casinos 

The United Charities of Bristol received a donation from Hard Rock in the amount of the gaming revenues from the two soft openings. It was said that the organization has identified 46 Virginia-based enterprises and 45 small, minority and women-owned businesses as possible customers for future business. 

Rush Street Gaming, the Pamunkey Indian Tribe, and Caesars Entertainment are, in order, the three companies that are currently in the process of developing additional land-based casinos in the state of Virginia. These casinos are currently under construction in the cities of Portsmouth, Norfolk, and Danville.

At the first location, dealer school training will start the week of August 9, after monthly meetings with the other two about matters such as license, floor designs, and the general status of building. 

The Pamunkey Indian Tribe, which is in the process of establishing the HeadWaters Resort & Casino with a budget of $500 million, expects launching a temporary structure as early as March of 2023. Caesars Danville is anticipated to open during the year 2024. In the beginning of this year, a judge in the Circuit Court in the city of Richmond, which is the capital of Virginia, granted permission for a second vote to be conducted, which provided a significant boost to the revitalized casino project for the city.

 

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.