Missouri Casinos See Increase in December Revenue

Casinos in the Show-Me state ended 2021 on a high note. According to the latest numbers, Missouri’s adjusted gross revenue (AGR) increased by 7.6% from November to December. The $163.3 million AGR is the highest in the state since July. Now, casino operators will look to build on that momentum in 2022.

Missouri has a total of 13 commercial casinos throughout the state. It should come as no surprise that the casinos putting up the biggest AGR numbers are in the St. Louis and Kansas City areas. The casino industry has been growing as a whole in Missouri. In terms of AGR, the December 2021 numbers increased by 21.8% compared to December 2020.

Gaming laws in Missouri do not allow online casinos to operate from within the state. However, it does not forbid citizens from accessing online gaming sites from elsewhere. This means residents can still win real money from some of the best online casinos in Missouri.

The US casino industry has been growing in general over the last several years. Casinos were able to rebound from a down year in 2020 when the pandemic restricted player access. Now, many casinos in the US are focusing on sustaining the industry’s growth. Missouri legislators could do their part by legalizing sports betting in the state. Many other states have seen huge boosts in revenue after they legalized sportsbooks.

Which Missouri Casinos are Performing the Best?

Missouri’s population of 6.1 million people is mostly divided between the two major cities in the state, St. Louis and Kansas City. In the east, the Greater St. Louis area houses approximately 2.8 million residents. Out west, the Kansas City metropolitan area is home to roughly 2.17 million people. As a result, it should come as no surprise that the casinos in KC and STL are generating a majority of the state’s AGR.

There were three casinos in the St. Louis area that broke the $20 million AGR mark. Ameristar Casino in St. Charles pulled in a total of $27.25 million in AGR, the highest in the state. River City was the next closest at $21.88 million and the Hollywood Casino was a close third with $20.35 million.

The Ameristar brand is also doing well on the western side of the state. Ameristar Kansas City raked in an AGR of $16.76 million. Harrah’s Kansas City was the next closest at $14.82 million. The Isle of Capri Casino in Boonville pulled in another $7.39 million.

Slot machines are by far the most popular way to gamble at Missouri casinos. There are almost 20,000 slot machines in total operating in the state’s casinos. From those machines, casinos generated $140.4 million in AGR. Table games, such as poker and blackjack, only generated $22.7 million. The hybrid machines at Ameristar St. Charles and Argost in Riverside produced just under $350,000 in AGR.

Can the Increase in Casino Revenues be Sustained?

A big increase in casino revenue to end the year is a good sign for the industry going into 2022. However, the question now will be whether casinos can sustain their progress. Many states in the US experienced success in 2021. However, casinos in other states have several advantages that Missouri casinos do not.

One major advantage some casinos have is the ability to operate sportsbooks. In Missouri, sports betting is not allowed, yet. Legislators could change that soon. Many of the professional sports teams in Missouri have been pushing for legalized sports betting. Surrounding states have already started to allow sports betting in one form or another. If legislators do not act quickly, they could see many bettors travel across state lines to place their wagers elsewhere.

Legalizing sports betting has proven to be a great source of income for many other states. Missouri could likely find similar success if they legalize the practice. Clarifying the state’s laws around online betting options could also go a long way toward sustaining the industry’s success. It would also allow future sportsbooks to offer online betting options. Other states, such as New York, have experienced immediate success when allowing online sports betting options.

Missouri Gambling Laws

Missouri’s lack of legal sports betting options is somewhat surprising. The Show-Me State has over a dozen casinos. However, Missouri’s gambling laws only allow for riverboat casinos. There were also a number of different regulations that limited industry in its early days. Since Missouri legislators removed betting limits in 2008, the casino industry has been on the rise.

Outside of riverboat casinos, bettors in Missouri have several other gaming options. Players can place wagers on horse races at licensed tracks in the state. Charitable bingo games are also allowed, as well as daily fantasy sports.

The state lottery in Missouri is also widely popular and contributes to funding the state’s educational programs. Since 1986, Missouri’s education funds have received more than $7 billion from the lottery.

Conclusion

The Missouri casino industry experienced an end of the year surge in AGR. According to the Missouri Gambling Commission, casinos in the Ozark State generated $163.3 million in AGR in December. That is an increase of 7.6% from November and an increase of 21.8% from December of 2020.

Of the 13 commercial casinos, over a third of the AGR was generated by three casinos in the St. Louis area. Ameristar in St. Charles, River City, and the Hollywood Casino all generated over $20 million each in AGR. Harrah’s and Ameristar Kansas City combined for over $31.5 million AGR in December.

Missouri’s strict gaming laws require that all betting take place on riverboat casinos. This means that the majority of the action is restricted to the banks of the Mississippi and Missouri rivers. Luckily, that is also where the majority of the state’s population lives.

To build on its recent success, Missouri legislators would likely need to loosen some of its gaming laws. Legalizing sports betting could go a long way in making the growth sustainable. Casinos would also benefit by the state officially legalizing online and mobile casino options.

Plans to Open a Casino at the Ozarks Have Just Been Revealed

Osage Nation Casino Hotel Lake Of Ozarks

Missouri is currently home to more than 10 popular casino-resorts. Not long ago, the Osage Nation revealed plans to open a casino at the Ozarks. Many believe this could grow to become one of the most popular gambling venues in the region.

The Osage Nation seems prepared to invest an incredible amount of money into this property. The tribe will need to gain permission from various groups to begin construction on this casino, though.

Here’s what you need to know about these casino plans!

Osage Nation Reveals Plans to Open a Casino at the Ozarks

The Midwest has never been considered much of a US casino hub. States like Illinois and Missouri are home to popular casinos. When compared to states like New Jersey and Nevada, however, these gambling markets look minuscule.

That does not mean these gaming markets cannot expand. In fact, the Osage Nation in Missouri seems particularly interested in expanding the state’s gambling industry. Over the weekend, officials within the tribe revealed plans to open a casino at the Ozarks.

Many have been surprised to see what this tribe has planned. The Osage Nation is willing to invest $60 million into this casino-resort. This represents one of the largest economic development plans for the Ozarks in recent memory. Lake of the Ozarks Convention and Visitors Bureau Executive Director Heather Brown spoke about these plans to the media shortly after the plans were revealed to the public.

“We are excited to welcome any new development to Lake of the Ozarks that can help grow our tourism community,” Brown said. “We are looking forward to developing a partnership with the Osage Nation’s new entertainment district at the Lake of the Ozarks. As a CVB, we have been supporting and advocating for economic development and tourism in the tri-county region since 1932.” 

Various state government bodies will need to give approval for construction to begin on this property. Local residents will likely need to vote for this venue to be allowed, too. We’ll be sure to offer more updates on this situation over the next few months!

More Teams Push to Allow Sports Betting in Missouri

2021 has been a hugely successful year for the US sports betting industry. Many states formally launched their very first regulated sportsbooks this year. That includes Louisiana, which saw its first sportsbooks go live in four casinos over the weekend.

Lawmakers in Missouri have not yet approved any legislation to allow sports betting. This has been frustrating for the millions of individuals here looking for legal options to bet on their favorite teams and players. This week, several professional teams made a public push to finally allow sports betting in Missouri.

The St. Louis Cardinals, St. Louis Blues, and Kansas City Royals all submitted proposals to legalize sports betting in 2022. These teams argue that sports betting will help to bring the state a huge amount of tax revenue each year. They also point to the large amount of unregulated sports betting that already takes place in the state.

It seems likely that 2022 will be the year that sports betting legislation is approved in Missouri. This state is already home to a large, successful casino industry. Allowing sports betting would help the state to better compete with the gaming industries in nearby states.

Illinois is quickly developing one of the most successful gambling industries in the country. Here’s a quick look at how this state’s gaming industry could expand in the coming months.

The Chicago Casino Plans Continue to Move Forward

Illinois has been the largest casino hub in the Midwest for decades. Back in 2019, lawmakers here approved a Capital Plan that allows for many new casinos to open around the state. Many were surprised to see this plan allows for a casino in Chicago.

Unfortunately, the plans to open a casino in the Windy City have faced many delays. The Covid-19 pandemic obviously led to many of these delays. Officials in the city have also found it very difficult to narrow down a location for this gaming property.

Not long ago, Mayor Lori Lightfoot began asking for companies to submit proposals to open this Chicago casino. Five proposals have since come in. It’s clear that despite the high tax rate and location issues, several companies remain interested in opening a casino-resort in this city.

Hope is that construction on this venue begins in 2022. An opening date could possibly take place in 2023. It would not be a major shock to see more delays in opening this venue as the months go on, though. Stay tuned for updates.

Would you be interested in seeing a casino at the Ozarks? Do you expect Missouri to legalize sports betting in 2022? Let us know in the comments section below.

Is a Casino to Blame for the Cardinals’ Covid-19 Cases?

The 2020 MLB season officially on July 23rd. Since that time, the world’s biggest baseball league has been plagued by issues. After new reports, some are beginning to wonder if a casino is to blame for the Cardinals’ Covid-19 cases.Casino Table Game

As many already know, the St. Louis Cardinals have seen a number of positive Covid-19 cases pop up over the past few days. It’s a serious issue that may end up forcing the cancelation of this year’s MLB season. Today, we’re going to look at what could have caused this new surge in cases.

The 2020 MLB Season is Up and Running

Baseball is and always has been one of the most popular sports in the United States. Since March, many people around the country have been calling for the 2020 MLB season to resume. After months of deliberation, league officials announced the season would begin again on July 23rd.

This is what everyone wanted to hear. Several major leagues had already started operating again. The MLB was unique, however, in the fact that it wasn’t putting its players in a bubble. Most agreed that doing so would be extremely difficult.

The season this year is significantly different from all others. All teams were scheduled to play 60 games. An expanded 16-team postseason is scheduled to begin on September 29th. Unsurprisingly, no fans are allowed to attend any games.

Baseball season is back and games are now taking place on a regular basis. Television ratings for these games have been great. Unlike many other sports, baseball doesn’t seem to suffer from its lack of crowds. Many fans are now betting on different game outcomes.

That doesn’t mean that everything is going smoothly. As the weeks go on, more teams are experiencing issues. We’ve seen many positive Covid-19 tests over the past two weeks. Many fear that if this trend continues, the season will be canceled entirely.

We’re now beginning to learn more about what led to several players on the St. Louis Cardinals coming up positive for the new coronavirus.

Visit to Local Casino May Have Caused the Cardinals’ Covid-19 Cases

Without a regimented bubble set in place, it’s been incredibly difficult for the MLB to stay away from the new coronavirus. Players have been able to move around as they please. That wasn’t making it easy for league officials who continue to deal with new coronavirus cases. Now, players are banned from leaving their hotels.

Recently, news surfaced that four players on the Cardinals and three team staff members tested positive for this new virus. Additional tests of team members have since been taken. It seems highly likely that more players will come up positive, as well.

We’re starting to hear what may have caused the Cardinals’ Covid-19 cases. Reports came out that several players visited a local casino. Exactly what casino was visited is unknown. Cardinals executive John Mozeliak is already shooting these reports down.

“I have no factual reason to believe that is true, and I have not seen any proof of that,” Mozeliak said. If they were at a casino, though, that would be disappointing.”

Casinos have been opening in Missouri for months. All have strict safety protocols set in place. With that being said, these venues remain easy places for the new coronavirus to spread from person to person.

We’ll continue hearing more about the Cardinals’ situation over the next couple of weeks. Some are now asking how this news could affect Missouri’s casino industry.

Missouri Casinos Still Struggle to Bring in Revenue

Missouri isn’t typically thought of as a major gambling destination. In reality, though, this state draws in many tourists from nearby states to take part in its gaming fun. There are 14 different casinos in the state, most of which are now open.

Casino revenue in this state remains low. Gambling revenue across the entire country is significantly lower right now than it was in 2019. The fact remains that most of the country doesn’t want to visit and play inside a crowded casino.

No one seems to have the best approach to increase Missouri’s gaming revenue. Some feel that Missouri could benefit from legal sports betting. As of now, however, the state has not passed any bills to legalize and regulate sports gambling.

The news of the Cardinals’ Covid-19 cases possibly coming from a casino certainly won’t help. Some may be even more fearful that these venues will result in infection spread.

Many different industries are hurting right now. That includes the professional sports and casino industry. Hope is that things improve over the next few months.

Do you think a casino is to blame for the Cardinals’ situation? Let us know in the comments section below!

Thousands of Slot Machines in Missouri May Soon Shut Down

Missouri is home to a huge number of slot gambling machines. As Covid-19 continues to spread around the state, lawmakers are beginning to discuss whether or not they should be able to run. According to new reports, thousands of slot machines in Missouri may soon shut down due to concerns about the coronavirus.

Missouri Casinos

Scientists are still learning about this virus. We now know that it can survive for days on a surface, waiting to infect others. Today, we’re going to look at the gambling laws in Missouri, and discuss why lawmakers here are getting rid of the slot gambling machines.

Let’s get into it!

Missouri’s Gambling Laws, Explained

For decades, Missouri had a large and successful casino industry. Unfortunately, things took a turn in the early 1900s when lawmakers decided to officially close all casinos and bingo halls. It wasn’t until 1980 that state officials started to allow bingo gambling once again.

There are now many casinos operating in Missouri right now. Some of these are riverboat casinos. Others are gambling venues based on land. These casinos help to bring the state millions of dollars every single year.

Over the past few years, lawmakers in this state have seen a huge rise in illegal gambling machines. There are now many slot machines in Missouri that are located in gas stations, bars, and restaurants. Eventually, state officials decided to crack down on these machines.

Earlier this month, Senate Bill 566 was introduced to allow state-regulated gaming machines to operate in the state. Lawmakers realize that people are playing through these machines. By regulating them, at least the state is earning money.

There are still a huge number of illegal slots operating in this state, though. This week, officials announced they were interested in cracking down on the rogue slot machines.

Gaming Commission Wants to Crack Down on Slot Machines in Missouri

According to some reports, more than 14,000 illegal slot machines are now operating in Missouri. Many of these gaming machines are located in gas stations. The Missouri Gaming Commission is now claiming that these slots pose a serious health risk.

According to the Commission, these are not being cleaned regularly. In fact, they may be the perfect machines to spread Covid-19. The group is now asking for state and local health departments to shut all of these machines down.

Mike Winter, executive director of the association, released a statement about this to the media.

“Often lined up one right next to the other in gas stations and other establishments, the cleanliness of these illegal and unregulated slot machines is questionable,” he said. “We believe the state should shut down these illegal slot machines, for the safety of our residents.”

This certainly makes sense. Many have overlooked how the unregulated slot machines in Missouri may be helping to spread the coronavirus. With the state’s real casinos now closed, these machines have actually grown more popular.

It’s unclear if the state will grant this request. Infection rates of Covid-19 are beginning to increase in Missouri. If the Gaming Commission can convince the state that these machines are to blame, we’ll see them gone in no time at all.

Online Slot Games Are Available in Missouri

It’s clear that many individuals in Missouri enjoy gambling. The state’s casinos bring in serious every single month. Even the slot machines in Missouri that are operating under the radar are popular with locals.

Soon, these slots may be shut down. Fortunately, there are a huge number of amazing online casinos in Missouri that offer more slots than some of the biggest land-based casinos in the country. Most of them are completely safe.

The popularity of internet casino gambling has increased here for years. Now that the state’s brick-and-mortar casinos are shut down, these online casinos are attracting even more players from around Missouri.

This is a tough time for the entire country. As of today, more than 500 individuals in the state have tested positive for Covid-19. This number is likely to increase drastically over the next few weeks.

No one expects land-based casinos to open up anytime soon. That means online casinos are the only real gambling options available here. Check out some of the sites to see what gambling options are here.

Stay tuned for more Missouri gambling news over the next few weeks!

A New Gambling Bill in Missouri Has Been Introduced

Missouri has a unique set of gambling regulations. Recently, a large number of illegal gambling machines have begun appearing around the state. As a result, a new gambling bill in Missouri was just introduced. Slot Machines Inside A Casino

It’s an interesting development. Missouri is now one of many states currently working to revamp its gambling industry. Today, we’re going to take a look at what exactly is being proposed.

Missouri’s Gambling Laws, Explained

Missouri is considered to have fairly liberal laws towards the gambling industry. Throughout the 1800s, the state had a large and successful gaming market. Eventually, harsh regulations were placed on this industry and gambling venues were forced to go underground.

In 1980, the state began allowing bingo gambling. About a decade later, a law was passed here to allow riverboat casinos. Many of these venues quickly began operating in the state.

Poker laws here are a little unusual. Technically, social poker games are allowed in private residences. Those charging to host poker games or playing with people you are not familiar with is actually against the law.

Generally, though, lawmakers in this state are open to the gambling industry. There are many online casinos in Missouri available that are growing more popular every single day.

Several bills have been introduced here to legalize sports betting. Some feel that 2020 is the year that officials finally decide to start regulating this form of gambling.

A rise in illegal gambling machines is being found in this state. Now, lawmakers have proposed a new set of bills to combat this issue.

What Does The New Gambling Bill in Missouri Allow For?

Missouri still isn’t thought of as a gambling hub. Recently, law enforcement officials here have discovered a rise in electronic gambling machines throughout the state. A new gambling bill in Missouri was introduced that’s intended to help increase legal gambling revenue.

This bill, called Senate Bill 566, allows for state-regulated video gambling machines to become available in fraternal and veterans’ organizations, truck stops and retail locations with liquor licenses. Only those above the age of 21 would be allowed to play. The State Lottery Commission would be in charge of monitoring these machines.

Not everyone is on board with these new regulations, though. Senator John Rizzo has expressed his fear that this will have a negative impact on children.

“I don’t want a kid to walk in a gas station to get a Gatorade and have to walk past three or four of these machines,” he said. 

The proponents of this bill believe that legalizing these machines will offer a serious benefit. Local areas where these gambling machines are available will also profit, they argue. It’s still unclear how the Senate and House will rule on these proposed regulations.

The Push For Sports Betting Continues in Missouri

Sports betting is now legal and regulated in more than 20 states across the country. This is all thanks to PASPA, which the Supreme Court struck down in May of 2018. In most states with regulated sports gambling, a huge amount of revenue is being made through taxes.

More and more states are beginning to see the potential in this industry. New Jersey, for example, is now one of the sports betting hubs of the United States.

Back in 2018, a bill was introduced to legalize sports gambling in Missouri. Unfortunately, it failed to make it past the legislative session. More attempts were made last year, to no avail. Many now believe that 2020 is the year this industry is finally allowed in the state.

One new gambling bill in Missouri that calls for the legalization of sports betting is now making its way to the Senate. The bill, called H 2318, seems very likely to be approved. Several major politicians have already endorsed it.

It’s an exciting time for gambling fans here. Before long, several new forms of gambling may become available here.

Missouri Approved the Eldorado-Caesars Merger

Back in June, Eldorado Resorts announced it was paying more than $17 billion to acquire Caesars Entertainment. Before this deal could be finalized, however, the two companies need approval from several state gambling commissions. This week, Missouri approved the Eldorado-Caesars merger.Stamp Of Approval

It’s a huge step in finally getting this deal finished. Of course, the companies still need approval from several other commissions. Let’s look at what led to Missouri’s official approval.

Officials Continue Working to Get Eldorado-Caesars Merger Done

Eldorado Resorts and Caesars Entertainment are two of the biggest casino companies in the world. Both currently operate gambling venues around the world. Since June, officials within both companies have been working to get their merger complete.

Eldorado has paid an astounding $17.3 billion to acquire Caesars and its venues. It’s the largest deal ever made between two gambling operators. For obvious reasons, Eldorado Resorts is looking at ways to make some of this money back.

One way to accomplish this goal is through property sales. In July, the company announced it was selling two of its major properties. In the future, many more of these sales will begin taking place.

Eldorado already has plans to sell some of Caesars’ properties in Las Vegas. This is becoming more common nowadays, with MGM recently selling two of its biggest Las Vegas venues over the past few months.

It’s been a long, difficult road for these companies to complete this merge. Approval is still needed around the country. Fortunately, one state has just finally given the green light for the deal to go through.

Missouri Lawmakers Approve Merger This Week

Both Eldorado and Caesars need approval from all 17 states that they operate in. This is a crucial and difficult process in getting the Eldorado-Caesars merger completed. On Wednesday, members of Missouri’s gambling regulatory body announced they were accepting the terms of the merger.

Caesars Entertainment currently operates one property in Missouri, called Harrah’s North Kansas City. Eldorado Resorts runs four different venues here. Isle of Capri Casino Boonville, Isle Casino Cape Girardeau, Lady Luck Casino Caruthersville and Isle of Capri Casino Kansas City are all run by the major casino company.

Interestingly, Eldorado plans to put three of these venues up for sale. It’s clear the company is hoping to make as much money from its real estate as possible.

Eldorado Resorts CEO Tom Reeg recently commented on the timetable for the merger’s completion to the media.

“We’re still targeting a first half of 2020 closing date,” Reeg told investors during a third-quarter earnings call in November. “If I were to place a bet today, I’d be betting on a first-quarter close versus a second-quarter close. But we’re going through regulatory and antitrust in real time.”

It’s an exciting time for these companies. Hopefully, Missouri’s approval of the Eldorado-Caesars merger helps push other states to do the same.

Are More Las Vegas Property Sales on the Horizon?

As we’ve already mentioned, hotel-casino sales seem to be the new fad taking place in Las Vegas. In 2019 alone, some of the city’s biggest and most popular venues have changed ownership. One that many expected was the Hard Rock Hotel & Casino’s sale to Virgin Hotels.

Virgin Hotels is still extremely new and has limited experience in the casino industry. Officials in the company are working with professionals to deliver the best possible product. Based on what we know about this venue, it’s going to be fantastic.

MGM Resorts International is also focused on selling some of its venues. Not long ago, it sold Circus Circus to Phil Ruffin. That same month, it sold The Bellagio for more than $4 billion. It will now lease the property back from The Blackstone Group.

Several other companies including Wynn Resorts and Las Vegas Sands also claim that Las Vegas property sales are a possibility for the future. All of these companies are focused hard on breaking into the newly-emerging Japanese market.

The Eldorado-Caesars merger is moving ahead as planned. Time will tell how these two companies will manage together.

Stay tuned for more US casino news over the next few months!