January Represents Slow Start For 2024 At Missouri Casinos

January Represents Slow Start For 2024 At Missouri Casinos
Fact Checked by Jim Tomlin

The opening month of the calendar year was a dismal one for Missouri casinos, with double-digit drops in total adjusted gross revenue and Gaming Proceeds to Education funding during January compared to December.

In total, Missouri casinos took in $135,435,435 in total adjusted gross revenue in January., a 19.9% decline from December’s total of $169,052,926. It was the Show Me State’s lowest monthly total of the 2023-24 fiscal year, which began in July, and the lowest in almost three years. The news comes amid a renewed push to make Missouri sportsbooks legal at last.

Lowest Revenue of Fiscal Year

The previous revenue low point for Missouri casinos in the 2023-24 FY was November’s total of $147,612,440, followed by October’s total of $150,480,189. The January 2024 revenue was the lowest month-end sum since the facilities took in $122,646,371 in February 2021.

The state’s Gaming Proceeds to Education funds were $25,597,297 last month, with a 19.9% drop from December ($31,951,003) mirroring the fall in revenue. Again, it was the lowest total since February 2021, when the state’s casinos chipped in $23,180,164 to the fund.

There are no Missouri online cassinos.

Missouri Casino Revenue Breakdown

In January, the leader in total aggregate revenue was Ameristar Casino in St. Louis at $21.557 million, according to Missouri Gaming Commission figures. That was followed by River City ($18.038 million), Hollywood Casino ($18.010 million), Ameristar Kansas City ($14.083 million), Argosy Casino Kansas City ($12.390 million), Harrah’s Kansas City ($11.299 million) and Horseshoe Casino St. Louis ($10.910 million).

Rounding out the list of the top casinos by total aggregate gaming revenue in January were Bally’s Kansas City ($9.442 million), Isle Casino Boonville ($6.006 million), Century Cape Casino ($4.782 million), Century Casino Caruthersville ($3.376 million), St. Jo Casino ($3.328 million) and Mark Twain Casino ($2.214 million).

Of the 13 casinos in Missouri, none posted a year-over-year increase in AGR during January. Hollywood Casino St. Louis posted the smallest year-over-year decline, at 4.5%, which was a lot rosier than the state’s total of 11.9%.

Stay with BetMissouri.com for the latest on legal Missouri sports betting apps and whether they can get approved soon.



Christopher Boan

Christopher Boan is a lead writer for BetMissouri.com, specializing in covering state issues. He has covered sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.

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