The Virginia Lottery has released its latest monthly revenue report for the state’s casino industry which currently comprises one land-based casino — Hard Rock Hotel & Casino Bristol.
Virginia's Hard Rock Casino Reports 10.5% Drop in Revenue for NovemberThe casino’s 870 slot machines generated AGR of $10,410,087.22 while 21 table games generated $2,240,274.00. This brings the total AGR to $ from 891 games. This resulted in approximately $2.3 million in taxes for the state.
Breakdown of the distribution of taxes:
- Regional Improvement Commission (6% of AGR) — $759,021.67
- Problem Gambling Treatment and Support Fund (0.8% of total tax) — $18,216.52
- Family and Children’s Trust Fund (0.2% of total tax) — $4,554.13
- Remaining available in the Gaming Proceeds Fund — $1,495,272.70 Virginia's Hard Rock Casino Reports 10.5% Drop in Revenue for November