Missouri Casino Revenue Continues to Drop

4 years 5 months 1 week ago Tuesday, August 13 2013 Aug 13, 2013 Tuesday, August 13, 2013 11:32:18 AM CDT August 13, 2013 in News
By: The Associated Press

ST. LOUIS (AP) - Casinos across Missouri are reporting decreased revenue this summer, continuing a trend seen at most of the state's 13 riverboat gambling sites last year.

Overall revenues for July were more than $9.5 million less than in July 2012, a 6.3 decline. That means nearly $2 million less for state education spending derived from a gambling tax compared with this time last year. The local governments where the casinos are located will also receive less money from casino admission fees.

The Lumiere Place in downtown St. Louis reported the steepest drop, at 18 percent. Kansas City's Ameristar recorded a 10 percent revenue drop.

Pinnacle Entertainment wants to sell is Lumiere property in response to federal antitrust issues related to its planned purchase of Ameristar Casinos.

More News

Grid
List
(CNN) - The FBI recently opened an inquiry into Missouri Gov. Eric Greitens, two US officials told CNN, as he... More >>
1 hour ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 9:19:05 PM CST January 19, 2018 in Continuous News
COLUMBIA - A visiting MU researcher is working to fight cancer with blueberries - specifically the extract of the fruit.... More >>
3 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 8:06:00 PM CST January 19, 2018 in News
COLUMBIA - Some facilities in the state may be required to hang posters with information about human trafficking by the... More >>
4 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 6:43:00 PM CST January 19, 2018 in News
JEFFERSON CITY (AP) — Missouri offered Amazon nearly $2.5 billion in incentives over 10 years in a bid to... More >>
5 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 5:25:09 PM CST January 19, 2018 in News
COLUMBIA - Researchers at the University of Missouri have found that 80 percent of state students who needed treatment for... More >>
7 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 4:09:00 PM CST January 19, 2018 in News
COLUMBIA - Campaign finance reports revealed Governor Eric Greitens' campaign operation has been leasing space in the same complex as... More >>
7 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 4:03:00 PM CST January 19, 2018 in News
COLUMBIA- The annual blood drive for fallen officer Molly Bowden came at a time when collecting blood is vital. ... More >>
7 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 3:56:00 PM CST January 19, 2018 in Continuous News
COLUMBIA- A federal judge sentenced a man to more than 20 years in prison Friday for exploiting several children under... More >>
8 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 2:37:00 PM CST January 19, 2018 in News
COLUMBIA- While the government heads toward a possible partial shut down many government agencies in mid-Missouri will remain open. ... More >>
8 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 2:23:00 PM CST January 19, 2018 in News
JEFFERSON CITY - Rep. Dean Dohrman, (R-La Monte) has introduced House Bill 1528 to the Missouri Legislature. The bill requires... More >>
8 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 2:21:00 PM CST January 19, 2018 in News
ST. LOUIS - Governor Greitens' attorney said Friday the rumors about Greitens possibly resigning hold "zero truth". Rumors of... More >>
9 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 1:21:00 PM CST January 19, 2018 in News
COLUMBIA - Property restrictions based on race and ethnicity are not a thing of the past, in fact, they can... More >>
11 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 11:37:00 AM CST January 19, 2018 in News
SEDALIA (AP) — An 18-year-old staying at a Missouri ranch for homeless boys has been charged with killing a woman... More >>
13 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 9:56:00 AM CST January 19, 2018 in News
KANSAS CITY (AP) — Two Kansas City brothers have been charged with killing a man and then dumping his... More >>
14 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 9:11:00 AM CST January 19, 2018 in News
COLUMBIA - "From the early 1900s to the 1960s, the Sharp End business district was a city within a city... More >>
15 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 7:43:00 AM CST January 19, 2018 in News
KANSAS CITY (AP) — A Kansas City man who was thousands of dollars in debt from a drunken driving... More >>
17 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 5:32:30 AM CST January 19, 2018 in News
COLUMBIA - Deputies booked two men into the Boone County Jail on suspicion of various charges, including an apparent plan... More >>
1 day ago Thursday, January 18 2018 Jan 18, 2018 Thursday, January 18, 2018 10:45:00 PM CST January 18, 2018 in News
COLUMBIA – Some students were “striving” for a new learning experience Thursday night. Parents of students with autism gathered... More >>
1 day ago Thursday, January 18 2018 Jan 18, 2018 Thursday, January 18, 2018 7:22:00 PM CST January 18, 2018 in News
Columbia, MO
Broken Clouds 42°
12am 34°
1am 34°
2am 33°
3am 33°

Select a station to view its upcoming schedule:

Coming Up Next

10:35p
The Tonight Show Starring Jimmy Fallon
11:37p
Late Night with Seth Meyers
12:37a
Last Call with Carson Daly
11:00p
Rules of Engagement
11:30p
The King of Queens
12:00a
King of the Hill

Tonight's Schedule

7:00p
Blindspot
8:00p
Taken
9:00p
Dateline NBC
7:00p
Black Lightning
8:00p
Penn & Teller: Fool Us
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld