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Mo. casinos' revenue drops in July
Message was posted: 10:58 Aug 10th, 2006

User: timebandit Rank: Casino Gold: 2811CG Contributor rating: 5960 Status: Offline

Casino news from http://stlouis.bizjournals.com/ Harrah's St. Louis Casino and Hotel in Maryland Heights was the only Missouri casino in the St. Louis area that did not report a drop in revenue in July, the Missouri Gaming Commission reported Thursday. Harrah's revenue remained unchanged in July at $28 million from the same month last year. The casino also reported that admissions for the month of July dropped 3 percent to 882,425 from 911,158 in July 2005. The Ameristar Casino-St. Charles reported the largest admissions decline among Missouri's St. Louis-area casinos, 8 percent, to 752,930 for the month from 818,364 in July last year. The casino's revenue dropped 4 percent to $22.1 million in July compared to $23.1 million in July 2005. The President Casino's revenue fell 10 percent in July as its admissions also declined 10 percent. The casino reported revenue dropped to $5.35 million in July from $5.94 million in the same month last year. Its admissions declined to 258,337 in July, down from 287,968 in July 2005. The Illinois Gaming Board reported Monday that both the Argosy Casino Alton and the Casino Queen in East St. Louis saw their revenue grow and their admissions decline in July.