But what does B-VA have to lose? "There'll be time enough for counting when the dealin's done."īristol, VA needs to take a moonshot at this point. And I've heard of mixed-use, but half casino, half children's activities. I'm highly skeptical of every number above, and I'm not sure one card is ever dealt. LOCAL/STATE ECONOMIC IMPACT: Growing from $567 million in year one to over $1.5 billion by year seven for local Southwest Virginia and $1.9 billion total for Virginia.ĪNNUAL GUESTS: 1 million initially, to more than 3 million within five years, with 80% expected to be from out of state. JOBS: From 2,000 during the first year of operations to 3,000 or more by the fifth year, and over 5,200 by year seven with a projected annual average salary of $46,000.īRISTOL YEARLY TAX REVENUE: $26.8 million estimated after year seven. It's estimated that the yearly tax revenue to Bristol, VA will be $26.8 million after seven years. They said there will be no city, county, or state funding and no incentives required. In addition, business leaders plan to build a 600 to 1000 room hotel on site.īusiness leaders say all funding will be provided by local investors. The vision for the property: 90,000 square feet of casino, 90,000 square feet dedicated to children's activities, and 25,000 square feet for sports betting.
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