Members of Southwest Virginia’s Regional Improvement Commission continued organizing efforts Thursday and learned they now have $2.4 million of gaming revenue in the bank.
Established by the Virginia General Assembly to oversee the distribution of gaming tax proceeds from the Bristol Casino, future home of Hard Rock, the commission agreed Thursday to secure the services of an attorney and continued discussions regarding a policy statement.
The local portion of taxes generated by the Bristol Casino totaled $1.559 million for July and August and the state previously disbursed those funds to the commission. They just received an additional $858,000 which represents September revenues.
