Revenue Rises in July at Missouri Casinos Compared to June
@jdtomlin68
The commercial casinos in Missouri combined to make more than $167 million in revenue for July, a 7.2% increase over June and a 26.7% jump from July 2020.
July began a new fiscal year in the state. In the June summary, Missouri reported more than $1.7 billion in total adjusted gross revenue for the 2020-21 fiscal year, with $326 million earmarked for education in the Show-Me State.
The exact number for table games and video slots revenue combined in July was $167,367,505, according to numbers posted by the Missouri Gaming Commission. The total proceeds to education for the month exceeded $31.6 million.
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The 13 commercial casinos in Missouri are on riverboats. All except one are based either near the Illinois border to the east or near Kansas on the western side.
Missouri Casino Revenue Breakdown
The size of the increase in year-over-year numbers (July 2021 being more than $34 million higher than 12 months earlier) is because the coronavirus epidemic forced Missouri casinos to close for part of 2020 and operate at reduced capacity when they reopened. For instance, total admissions last month topped 2.7 million, a 35.2% increase over July 2020.
According to figures posted by the MGC, the St. Louis market, with four casinos in the eastern part of the state, drew $80.7 million in total revenue for July. The Kansas City market’s four casinos reported nearly $60 million altogether and the other five casinos in the state accounted for the rest. All 13 casinos in Missouri reported increased month-over-month revenue.
The Ameristar in St. Charles topped Missouri casinos with $26.48 million in July revenue; River City Casino in Lemay was second with $20.14 million. Ameristar is the state’s only casino with hybrid games but those only accounted for $209,000 in revenue for the month.
Adjusted Gaming Revenue (AGR) from slots was $145 million statewide, while table games accounted for $22.155 million.
The statewide slot hold percentage was 9.7% for July; the table games win was 21%.
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Jim Tomlin has more than 30 years of experience in sports journalism as an editor and writer. He has covered pro and college sports from football, baseball, basketball, soccer, golf, motorsports and more for publications such as the Tampa Bay Times, SaturdayDownSouth.com, SaturdayTradition.com and FanRag Sports. He now lends his expertise to TopUSCasinos.com, among other duties.
