Missouri casinos report $151.4m in October revenue
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October revenue rose both month-over-month and year-over-year.
Key Points
- Ameristar St. Charles emerged as the top revenue earner last month
- Revenue was up slightly compared to results from a year ago
The Missouri Gaming Commission has released its casino revenue results for the month of October.
Last month, the state’s casinos brought in a collective total of nearly $151.4m in adjusted gross revenue (AGR).
Last month’s results reflected an increase of 1% or nearly $1.4m in revenue when compared to totals posted in October 2023.
The state reported a rise in revenue month-over-month as well. Casino review rose by almost $1.4m when compared to September’s results.
Ameristar St. Charles took the win for the largest earnings for last month. The casino posted a total revenue of almost $23.6m.
Hollywood followed close behind to grab the second-place spot during October. Its revenue for the month reached close to $21.5m.
Hollywood barely beat out River City to earn its rank at number two for the month, surpassing Hollywood’s revenue by more than $100,000. However, River City outperformed Hollywood in September by nearly the same margin.
River City reported an October revenue of almost $21.4m.
Good to know: The state is home to 13 riverboat casinos
The state has posted a year-to-date AGR of nearly $620m. However, this year’s running total is down by 2% when compared to last year’s AGR total.
Missouri’s casinos contributed a combined total of $31.7m to the state in taxes last month.
In other state news, voters statewide pulled the lever in favor of a legal sports betting market during last week’s election.
This brings the state one step closer to opening a commercial market and would make Missouri the 39th state to welcome legal sports wagering.
However, voters said no to Amendment 5, which would have allowed a new casino in the Lake of the Ozarks area.
To date, 38 states along with the District of Columbia allow some form of legal sports betting.
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