Virginia Casino Resort in Bristol progressing as planned: Developer
Gaming giant Hard Rock Development LLC has announced that work is ongoing at the Virginia Casino Resort in Bristol as planned. The gaming project in question would results in the creation of a massive gambling & entertainment property called Hard Rock Hotel & Casino Bristol, which would be come into existence with unification of the existing mall with two new hotel structures. The site of the project is located in Virginia’s southernmost part.
Bristol, one of Virginia’s four cities that passed a local casino ballot referendum in the November last year, approved local businessmen Jim McGlothlin and Clyde Stacey’s proposal to develop and operate an approximately $300 million casino resort.
It may be noted here that McGlothlin and Stacey were behind a 2020 legislative effort that paved way for four economically distressed cities. Local voters also approved the gaming expansion plan to provide a boost to business and economic activities.
Apart from Bristol, the cities of Norfolk, Portsmouth, and Danville have also approved the plan for the development of the casino resort in their respective areas. Voters in Richmond have yet to decide on a casino resort project during this fall’s election. Vote on Richmond casino was postponed last year as city officials wanted more time to make preparations for the same.
While work is progressing at Norfolk, Portsmouth, and Danville casino projects; some residents in Bristol are concerned that their casino resort project might have stalled. But, the developers have assured that the project is progressing as planned. Martin Kent, president of McGlothlin’s coal company United Co., said a lot has happened behind the scenes.
In a newly released statement, Kent said, “While you haven’t seen cranes, bulldozers, dirt, and dump trucks; a lot has happened behind the scenes. I want to reassure folks this project is still going forward. We’re still working on it even though you’re not seeing the exterior renovations.”
Reassuring folks that the development of the gaming property is still going forward as planned, the senior executive stressed that the casino project remained a priority for them.
McGlothlin and Stacey, who have a strong experience in coal business, are almost strangers to gaming business. However, the two businessmen have partnered with Hard Rock International – one of the most experienced gaming operators in the world.
A fully completed Hard Rock Virginia gaming property in Bristol will feature 750 hotel rooms, a state-of-the-art spa, a 3,200-seat concert venue, and a large casino floor equipped with 2,700 slot machines and 100 table games.
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