These included Jon Lucas, Hard Rock International’s Chief Operating Officer . Hard Rock says it expects to spend $400,000 outfitting the interim Bristol casino. The overall project budget is $300 million, most of which will build the resort’s new 750-room hotel and resort. The mall was once the business epicenter of the Virginia town, which straddles the Virginia-Tennessee border and has a Bristol, Tennessee, market share. Residents in four of those cities have embraced gaming as an economic lifeline. Along with Bristol, casinos have been ratified in Norfolk, Portsmouth, and Danville. The casino is actively hiring for various positions, including gaming, food and beverage operations, and guest services.
Factoring in a likely level of displacement, that becomes $66.4 million. Flagg has heard the concerns about whether the casino will bring influx of drugs or prostitution or other crime, and he thinks they’re overblown.
And with financing as expensive as it is right now, he just doesn’t spend much time worrying about being displaced. “Because we’re not going to have this opportunity again, with this type of economic development project,” he said. Now she’s afraid that the casino will make nearby real estate so much more valuable that property owners like her landlord will be tempted to sell. She wonders what traffic will look like when there’s a big show at the amphitheater, or when multiple venues at the Hard Rock are hosting simultaneous events. Charlene Mullins and her business partner moved Sugar Salon to its current site three years ago, after their previous building was sold.
The Bristol Casino is also issuing players cards for its Hard Rock Casino’s loyalty program. When the permanent Hard Rock Bristol opens, the loyalty program will add free hotel rooms and concert tickets.
Food & Drink
The temporary casino will be located inside the mall, reutilized as part of the overall casino resort. The Bristol Resort and Casino includes a 90,000 square foot casino with a 25,000 square feet for sports betting, a hotel with 600-1,000 guest rooms, and retail space for 50 stores and restaurants.
In fact, he said, he suspects that it contributed to local voters’ support. The Dragas report estimated that if no displacement occurred related to the Bristol casino – if every dollar spent was brand-new money – then the casino would add $88.5 million to the local gross domestic product annually.
Hard Rock Bristols Casino prepares for July 8 opening
The Virginia Lottery Board has OK’d plans for the proposed Hard Rock Casino in Bristol. The board’s action paves the way for a November 3 ballot referendum to allow Bristol residents to vote for or against the casino plan. The Bristol city attorney has filed this resolution of the city council with the Bristol Virginia Circuit Court, which is responsible for placing local referendums on the election ballot.