Hard Rock Bristol Casino Smashes Revenue Record in First Month After Grand Opening

Hard Rock Bristol Casino Smashes Revenue Record in First Month After Grand Opening

By Marcus Bennett

December 16, 2024 at 06:12 PM

Hard Rock Hotel & Casino Bristol's permanent $515 million resort achieved record-breaking revenue during its first two weeks of operation after opening on November 14.

The Virginia Lottery Board reported the casino won over $18 million from players in November, setting a new monthly gross gaming revenue (GGR) record, despite operating for only 17 days. The previous record was $16.3 million in March 2024.

Hard Rock LIVE neon sign display

Hard Rock LIVE neon sign display

The opening weekend attracted 58,000 visitors, with total visitation exceeding 100,000 during the first 17 days. The casino's 303-room hotel maintained full occupancy despite premium rates starting at $599 per night.

Revenue Breakdown:

  • Slot machines: $15.5 million
  • Table games: $2.6 million
  • Total GGR: $18,072,828.02

The casino's success extends beyond gaming revenue. Hard Rock Bristol has created over 1,000 jobs with above-average wages and contributes 6% of monthly GGR to local government, generating more than $1 million in November alone.

Virginia's other casinos also performed well in November:

  • Rivers Casino Portsmouth: $25.7 million
  • Caesars Virginia (temporary facility): $19.7 million

Caesars Virginia is set to open its permanent $750 million facility on December 17, with opening night room rates ranging from $499 to $1,000, demonstrating strong demand for luxury gaming experiences in the region.

The success of these casinos aligns with Virginia's 2020 casino law, which aimed to boost economic development in select cities. Early results indicate the strategy is achieving its intended economic benefits for local communities.

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