Missouri Casino Revenue Down Slightly In November With $147.6 Million

Missouri gaming revenue during November was $147.61 million. The figure represents a 1% drop from November last year and a 1.91% decrease from October. The monthly decline can traditionally be linked to a winter slowdown.

The combined figure, $147,612,440 in adjusted gross revenue (AGR), comes from the state’s 13 brick-and-mortar commercial casinos. Most of the state’s riverboat casinos are located near the St. Louis market in the east or the Kansas City market in the west.

Missouri sports betting has been strictly prohibited, but we might see some changes in that regard next year.

Breaking down Missouri’s November gaming revenue

Four of the 13 Missouri casinos enjoyed a minor yearly adjusted gross income rise, while the remaining nine saw a modest decline. Likewise, five casinos showed monthly progress.

Ameristar SC topped Missouri casinos in adjusted gross revenue during November with $22.07 million. The second highest came River City at $20.20, followed by Hollywood, which generated $19.71 million throughout last month.

Year-over-year gaming revenue comparison

1. Ameristar SC: $22,074,215, a 9% decline from November 2022
2. River City: $20,200,799, a 3% drop from the same period in 2022
3. Hollywood: $19,711,041, a 10% year-over-year increase from last year’s $17,923,650
4. Ameristar KC: $14,703,472, a 3% decrease from last year
5. Harrahs KC: $12,688,084, a 10% drop from November 2022’s $14,099,198
6. Argosy: $12,620,601, a 7% annual decrease from $13,547,747 set last November
7. Horseshoe ST Louis: $12,026,459, a 1% increase from 2022
8. Bally’s Kansas City: $11,589,553, a 10% rise from last year’s $10,533,866
9. IOC – Boonville: $6,793,570, a 3% decrease from November 2022’s $7,032,076
10. Century – Cape: $5,215,345, an annual drop of 3%
11. St. Jo Frontier: $3,644,289, a 2% increase from November 2022’s $3,573,473
12. Century – Caruthersville: $3,585,119, a 16% decrease from last year’s $3,098,197
13. Mark Twain: $2,759,895, a 1% yearly decrease

How November revenue compared to October 2023

1. Ameristar SC: a 6.67% monthly drop
2. River City: a 2.08% monthly progress
3. Hollywood: 1.84% monthly rise
4. Ameristar: a 7.71% monthly decline
5. Harrahs KC: a 5.33% drop from October
6. Argosy: a 1.88% monthly decrease
7. Horseshoe ST Louis: a 3.90% monthly increase
8. Bally’s Kansas City: a 1.80% monthly drop
9. IOC – Boonville: a 4.02% increase
10. Century – Cape: a 0.53% drop
11. St. Jo Frontier: a 2.88% monthly rise
12. Century – Caruthersville: a 3.15% monthly decrease
13. Mark Twain: a 10.68% monthly drop

According to the Missouri Gaming Commission’s November 2023 report, slot machines brought in $126.16 million in AGR, while table games made $23.23 million.

Missouri’s professional sports teams attempt to legalize sports betting

While sports betting has been strictly prohibited in Missouri, some changes might occur.

Less than a month ago, Missouri Secretary of State John Jay Ashcroft approved eight versions of a proposal to allow sports betting in the Show-Me State. It was a significant move for the initiative to appear in 2024’s ballot.

According to the proposal, each team and 13 Missouri casinos would offer sports betting on-site and through online platforms accessible from all over the state. A few versions permit up to four Missouri online sportsbooks to operate directly under the Missouri Gaming Commission.

The attempt to legalize sports betting in Missouri is led by a coalition of six local professional sports teams:

1. St. Louis Cardinals baseball team
2. St. Louis Blues hockey team
3. St. Louis City Soccer Club
4. Kansas City Chiefs football team
5. Kansas City Current women’s soccer team
6. Kansas City Royals baseball team

After numerous failed attempts, the teams wanted to do something other than wait for the legislature and turned to the initiative petition process to be put straight to voters.