Hard Rock International’s new land-based casino in Virginia, USA, posted Adjusted Gross Revenue (AGR) of $11.7m (£9.9m/€11.7m) in its first month of operation.
The temporary Hard Rock Hotel & Casino Bristol was licensed by the Virginia Lottery Commission in April of this year and opened on July 8th. Construction is underway on a permanent facility in the city, which is expected to open in the summer of 2024.
The AGR of total wagers minus player wins for the month of July came to $11.7 million, of which $10.2 million came from slots and the remaining $1.5 million from table games.
It also revealed that the casino paid $2.1 million in taxes for the month, with AGR taxed at an 18% rate.
Of this, 6.0% ($703,049) went to community improvement committees, 0.8% ($16,873) to the Problem Gambling Treatment and Assistance Fund, and 0.2% ($4,218) to the Family and Children’s Trust Fund. The remaining $1.4 million was donated to the Gaming Proceeds Fund.
Hard Rock also plans to roll out sports betting at its new casino property, and announced in May that it will begin selling a sportsbook on the site.
The operator already offers online sports betting in Virginia through a mobile sportsbook app that went live in May.
