Missouri casino revenue declines in November

With $151.8m in revenue for Missouri casinos, the state hit the lowest figure since February. 

US.- The Missouri Gaming Commission has released its monthly report on gaming activity in the state and, showing that revenue fell to $151.8m, down 6.3 per cent decline from $162m in October. It’s the lowest figure for the state since February. However, the figure was up by 28.8 per cent year-on-year, from $117.9m in November 2020.

Ameristar St. Charles topped Missouri’s 13 commercial casinos with adjusted gross revenue of $23.9m. River City came in second with $19.8m and Hollywood Casino third with $18.8m. All three casinos are located in St. Louis in the east. In the Kansas City market, Ameristar was the leader at $16.1m, followed by Harrah’s at $15.1m.

There are five other casinos in what Missouri calls “out-state markets”. Of those, Isle in Boonville led the way in November with revenue of $6.8m. Statewide, slot machines took in $123.8m in adjusted gross gaming revenue and table games $23.25m.

Sports betting in the state

Lawmakers in Missouri have pre-filed legislation that would allow mobile and retail wagering with digital platforms tethered to gambling boats. The bills are expected to be debated in the legislative season in early 2022. It will be the fifth time Missouri lawmakers will consider legal sports betting since the Professional and Amateur Sports Protection Act was overturned in May 2018.

Senators Denny Hoskins (R-Caldwell) and Tony Luetkemeyer (R-Buchanan), and representatives Phil Christofanelli (R-St. Charles) and Dan Shaul (R-Jefferson), have either pre-filed sports gambling bills or say they will introduce legislation when the legislature convenes on January 5, 2022.

See also: Missouri lawmakers pre-file bills to legalise sports betting