Century Casinos announces opening date for new Missouri property
Century Casino & Hotel Caruthersville will have 599 slot machines and nine live table games, a 50% increase in gaming positions compared with the temporary location.
Key Points
- At a meeting held on October 23, the MGC approved the move of the property’s gaming license from its temporary location to the new land-based casino
- The approval clears the path for an opening date of November 1, 2024 for Century Casino & Hotel Caruthersville
Century Casinos has unveiled the opening date for its new Land-based casino in Caruthersville, Missouri after receiving approval for a gaming license transfer from the Missouri Gaming Commission (MGC) on October 23.
The meeting results allow Century Casinos to move forward with an expected opening date of November 1, 2024 for Century Casino & Hotel Caruthersville.
The construction of the new casino and hotel started in December 2022 and will be finalized on time and on budget with an estimated project cost of $51.9m, which has been funded by VICI Properties (VICI).
VICI will own the real estate improvements associated with the Caruthersville project, which will become part of Century Casinos’ triple net master lease agreement with subsidiaries of VICI. Annual rent under the lease will increase by approximately $4.2m.
Century Casino & Hotel Caruthersville will have 599 slot machines and nine live table games, a 50% increase in gaming positions compared with the temporary location, while the number of hotel rooms will double to 74.
Good to know: Century Casinos’ net operating revenue reached $146.4m during the second quarter of 2024, up nearly $10m when compared to Q1 2024
The opening of the new property will be celebrated with a ribbon-cutting ceremony and other activities planned over the course of its first weekend of operation.
The MGC approved the move of Century Casino & Hotel Caruthersville gaming license from its temporary location to the new site.
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