Virginia: Hard Rock’s Bristol Casino exceeds first-year expectations; statewide casino revenue $52M in June

Virginia: Hard Rock’s Bristol Casino exceeds first-year expectations; statewide casino revenue $52M in June

Article brief provided by Bristol Herald Courier
  • David McGee, Bristol Herald Courier
July 15, 2023 2:17 PM
  • David McGee, Bristol Herald Courier

The Bristol Casino, future home of Hard Rock, reported more than $162.6 million in adjusted gaming revenue during its first year of operation, according to the Virginia Lottery — which far exceeded projections.

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That first-year revenue figure is 25% higher than the $130 million estimated in the original 2020 Virginia Joint Legislative Audit and Review Commission study, which preceded casino gaming approval by the General Assembly.

And the original figure was projected for 2025 — when the full Hard Rock casino resort facility was in operation — not the smaller, temporary facility.

On Friday, the Virginia Lottery released its statement of June activities for Bristol and two other casinos, showing $52 million in combined gaming revenues for the month.