Hard Rock Bristol generates $14.3m in AGR during August

Hard Rock Bristol, the temporary casino space in Virginia, has garnered adjusted gross revenues of $14.3m during August - its first full calendar month of operations
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Hard Rock Bristol, the temporary casino space in Virginia, has garnered adjusted gross revenues of $14.3m during August – its first full calendar month of operations. 

According to data published by the Virginia Lottery, this is an increase of 22.2% from the first month of operations in July – broken down by slot games and table games. 

From 870 slot games, the casino earned $11.4m in adjusted gross revenues, up 11.7% from July’s total of $10.2m. Meanwhile, the casino garnered $2.8m from 21 table games, up 86.7% on the $1.4m made in the previous month.

The temporary casino, which launched on July 8 and is set to create over 600 jobs across the local economy, acts as a warm-up to the permanent Hard Rock Hotel and Casino set to open in the city within the next two years.

As per the state’s regulations on taxes from casino operations, Hard Rock contributed 18% of AGR to go towards the Gaming Proceeds Fund. This totaled $2.57m for August, up 21.8% from July’s figure of $2.11m. 

This has been broken down into $865,762 for the Regional Improvement Commission, $20,562 for the Problem Gambling Treatment and Support Fund, and $5,140 for the Family and Children’s Trust Fund. The remaining $1.7m will be available in the Gaming Proceeds Fund.