arena casino news
arena casino news
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For the latest news, weather, sports, and streaming video, head to WJHL Tri-Cities News Weather. BRISTOL, Va. (WJHL) — People bet big in Bristol last month as Bristol’s casino shattered revenue records in March, with its $16.3 million in adjusted revenue. A full 9% better than its previous best month and 18% higher than the March 2023 figure. The future home of Hard Rock Casino set new highs in both major categories, with slot machine AGI topping $13 million for the first time ever. The $13,009,482 exceeded the previous record of $12.2 million, also set in December 2023. The big month resulted in a $976,206 payout to the “Regional Improvement Commission” (RIC) representing more than a dozen Southwest Virginia local governments. The casino is taxed at 18% and one-third of that amount goes to the RIC. Legislation that enabled the casino to open and operate requires local governments that are part of the RIC to use those funds to improve transportation, education and public safety. Discover More.
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