Portsmouth's Casino Boom Faces Uncertainty Over Promised Hotel Project
Rivers Casino Portsmouth has brought a major economic boost to the city since its opening in January 2023. The venue, the only commercial casino of its kind on the US East Coast between Washington, D.C., and Georgia, has driven tourism growth and local investment. Yet despite its success, a promised hotel project remains uncertain.
The casino's impact has been significant. Overnight stays in Portsmouth jumped by 25%—from 450,000 in 2022 to 562,500 in 2025, according to New Hampshire Tourism. This surge outpaced nearby cities like Manchester and Nashua, which saw 15% and 10% growth respectively. Local hotel and motel investments also reached $150 million, fuelled by casino-related demand.
Gaming revenue has climbed steadily. In 2023, the casino generated $250 million in gross revenue. By 2024, its win rose nearly 25% to $310 million. Tax contributions to Portsmouth have totalled around $35 million so far. However, a hotel project tied to the casino's 2019 agreement with the city has yet to materialise. The deal requires construction if certain revenue targets are met, but operator Rush Street Gaming has no immediate plans to build. Portsmouth's limited hotel capacity—fewer than 500 rooms—has created challenges for visitors, especially as competition grows. Boyd Gaming is already developing a $750 million casino resort in Norfolk, set to open in late 2027.
Rivers Casino Portsmouth has transformed the local economy, driving tourism and tax revenue. But with no hotel in sight and new competition on the horizon, the city's ability to sustain this growth may face pressure. The casino's next moves will be closely watched by both officials and visitors.
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