Missouri September Casino Revenue Almost Equal to August

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Missouri September Casino Revenue Almost Equal to August

The revenue at Missouri’s 13 commercial riverboat casinos totaled almost exactly the same for September as it did for August.

The September adjusted gross revenue was $152,113,251, down 0.3% from the $152,626,449 in August. Both figures are off by about $15 million from the summer peak of nearly $167.4 million in July. Also, September has one fewer day than August (30 vs. 31) and the daily average was actually higher in September than the previous month.

It has been an up-and-down year for Missouri casino revenue, with a high of $176.7 million in March, according to figures from the Missouri Gaming Commission. May was nearly as high, at $173.3 million, but June saw a fall to $155.8 million.

The year-over-year comparison is favorable in the Show-Me State. The AGR in September 2020 was $129.37 million as casinos continued to deal with the fallout from COVID-19 related restrictions. Last month’s figure was 17.6% higher than that.

Breakdown of September Revenue in Missouri

The AGR derived from slot machines statewide was $132.2 million for the month. Table games revenue came to $19.8 million in September.

The leader in total AGR for September was Ameristar St. Charles, near St. Louis. That casino pulled in $23.76 million for the month, with $19.5 million from slots. About $145,000 came from hybrid AGR; Ameristar St. Charles is the only casino in the state with that category. River City and Hollywood Casino, also both in the St. Louis market, followed with $19.48 million and $19.39 million in revenue, respectively.

Harrah’s Kansas City topped the city’s market for the month with $14.49 million in total AGR, just nudging ahead of Ameristar KC at $14.47 million. Among the five casinos outside those two markets, Isle Casino in Boonville (the only one of the 13 in the middle of the state) topped the list with $7.6 million in AGR.

Most of the riverboat casinos in the state are Missouri are either on the eastern end of the state, bordering Illinois, or on the Missouri River to the west, bordering Kansas.

As far as gaming proceeds for education, the contribution in September was $28.75 million, down just slightly from $28.8 million in August.

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