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Missouri casinos ended the year on a good note, posting $169.1 million in December revenue, up 7% from December 2022.
December’s revenue growth was key not only for monthly performance, but the annual increase in dollars this past month pushed the state’s 2023 total revenue past what it brought in the year before.
How Missouri casinos contributed to December’s revenue growth
Heading into December, it wasn’t a certainty if the state’s 13 casinos would be able to generate enough revenue by the end of the year to surpass 2022’s total revenue of $950,046,936.
They did, thanks to a rare occurrence: All 13 casinos in Missouri posted positive growth month-on-month.
| Casino | December 2023 Revenue | Year-on-Year % Change |
|---|---|---|
| Argosy | $13,797,522 | 4% |
| Isle of Capri Booneville | $7,805,951 | 6% |
| Century Casino Caruthersville | $4,065,823 | 29% |
| Hollywood Casino St. Louis | $21,373,864 | 6% |
| Harrah's Kansas City | $15,571,472 | 6% |
| Century Casino Cape Girardeau | $5,993,377 | 9% |
| Bally's Kansas City | $11,898,793 | 12% |
| Horseshoe St. Louis | $13,978,955 | 7% |
| Ameristar Kansas City | $18,627,703 | 12% |
| River City Casino | $21,540,727 | 3% |
| Mark Twain Casino | $3,202,742 | 3% |
| Ameristar St. Charles | $26,625,747 | 5% |
| St. Joseph Frontier Casino | $4,570,250 | 16% |
| Total | $169,052,926 | 7% |
The biggest winners, percentage-wise, were:
- Century Casino Caruthersville: 29%
- St. Joseph Frontier Casino: 16%
- Bally’s and Ameristar Kansas City: 12%
- Century Casino Cape Girardeau: 9%
- Horseshoe St. Louis: 7%
Though those six casinos saw significant growth, their dollar growth didn’t quite measure up to the following four casinos that posted at least $1 million in yearly revenue growth:
- Ameristar Kansas City: $2 million
- Ameristar St. Charles: $1.3 million
- Bally’s Kansas City: $1.2 million
- Hollywood: $1.1 million
In addition to seeing positive yearly revenue growth, all 13 casinos brought in more revenue in December compared to November 2023 Missouri gaming revenue. Kansas City was the hot spot for growth, with Ameristar and Harrahs generating around $4 million and $3 million, respectively, over the previous month.
How Missouri’s December casino revenue compared to the rest of 2023
To say December’s positive revenue numbers were important is an understatement. Missouri casinos headed into December riding a streak of five months of no or negative annual growth.
The last time revenue exceeded the previous year was June when revenue was up 2% year on year.
| Month | Total Adjusted Gross Revenue | Year-on-Year % Change |
|---|---|---|
| December 2023 | $169,052,926 | 7% |
| November 2023 | $147,612,440 | -1% |
| October 2023 | $150,480,189 | -3% |
| September 2023 | $158,565,723 | 0% |
| August 2023 | $156,384,480 | -3% |
| July 2023 | $168,470,950 | -1% |
| June 2023 | $155,007,981 | 2% |
| May 2023 | $160,954,587 | -2% |
| April 2023 | $167,106,971 | -3% |
| March 2023 | $176,832,746 | 0% |
| February 2023 | $156,916,652 | 8% |
| January 2023 | $153,710,474 | 6% |
Overall, the Missouri Gaming Commission’s December 2023 revenue report shows the monthly total was the second-highest of the year, finishing around $7 million behind March.
