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Missouri’s February Casino Revenue Up From January

Written By Tebearau Egbe on March 14, 2024
Pedestrian Passes Lumiere Place Casino In Missour

The total adjusted gross revenue (AGR) in February for Missouri casinos was $156.9 million, which reflects an increase of about 14% compared to the preceding month’s $135.4 million, according to the latest report from the Missouri Gaming Commission (MGC). The figures almost replicated the February 2023 AGR, which stood at $156.7 million.

Among licensed casino operators in the state, Ameristar Casino Resort, Hollywood Casino and River City Casino came in at the top, each generating more than $20 million in AGR.

Below is the February AGR for the 13 casinos in Missouri:

  1. Ameristar Casino Resort Spa St. Charles: $23.9 million
  2. Hollywood Casino & Hotel St. Louis: $20.6 million
  3. River City Casino Hotel: $20.3 million
  4. Ameristar Casino Hotel Kansas City: $16.8 million
  5. Argosy Casino Hotel & Spa: $13.6 million
  6. Harrah’s Kansas City: $13.6 million
  7. Horseshoe St. Louis: $12.3 million
  8. Bally’s Casino Kansas City: $11.2 million
  9. Isle of Capri Casino Hotel Boonville: $7.0 million
  10. Century Casino Cape Girardeau: $5.7 million
  11. Century Casino Caruthersville: $4.0 million
  12. Jo Frontier Casino: $4.2 million
  13. Mark Twain Casino: $3.1 million

Missouri gaming tax for February sees a 13% jump

The gaming tax collected from all licensed casinos for February experienced a slight increase of 13% compared to the previous month, totaling $32.9 million.

The MGC’s February 2024 revenue report shows a notable contributor to this figure was Ameristar Casino Resort, which saw a rise in its gaming tax payment from $4.5 million in January to $5 million in February. Among the other leading generators, Hollywood reported revenues of $4.3 million, closely trailed by River City, with earnings totaling $4.2 million.

February slots and table games revenue at Missouri casinos

In February, slot play witnessed an increase of about 10% in value, reaching $1.3 billion from the preceding month’s slot handle, which stood at $1.2 billion.

  • Ameristar Casino Resort Spa St. Charles: $207.2 million
  • River City Casino Hotel: $197.4 million
  • Hollywood Casino & Hotel St. Louis: $190 million

In February, table game play saw a drop of $104.2 million, yet casinos managed to win $21.3 million of that money. This performance indicated a 3% decline compared to January 2024 Missouri casino revenue.

In other related news, it appears probable that sports betting could soon find a foothold in Missouri. In January, a Missouri sports betting bill, championed by Rep. Dan Houx (R-Warrensburg), commenced its deliberation process.

This legislative endeavor stands as one among various ongoing initiatives aimed at ushering sports wagering into Missouri, a state among the mere dozen where such activity remains prohibited. You can keep track of this legalization effort with our 2024 Online Casino Bill Tracker.

The proposed bill seeks to authorize the 13 riverboat casinos to embark on accepting sports bets. Additionally, it intends to enable online sportsbook operators to facilitate wagering for users residing in Missouri.

If enacted, this legislation could mark a significant shift in the state’s gambling landscape, potentially opening new avenues for entertainment and revenue generation.

Photo by AP Photo/Jeff Roberson
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Tebearau Egbe

Tebearau Egbe has written about gambling for more than four years. She has a Master's degree in philosophy and possesses a unique ability to dissect complex industry developments, distilling them into insightful narratives for readers.

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