Missouri Casinos Down Slightly In October

Missouri Casinos Down Slightly In October
Fact Checked by Nate Hamilton

It was a down month in October revenue for Missouri casinos, with a 5.2% drop in the state’s total for the 10th month of the year.  

Overall, Missouri casinos took in a total adjusted gross revenue of $150,480,189 in October, which dropped 5.2% from September ($158,565,723). Meanwhile, the Gaming Proceeds to Education fund posted  $28,440,756 in the 10th month of the year (down from $29,968,922 in September).  

There is currently no legal Missouri sports betting, although there is hope that will change in the coming new year.

Missouri Fiscal Year Numbers

Through the first third of the 2023-24 fiscal year, Missouri casinos have taken in $633,901,342 in total adjusted gross revenue (averaging out to $158,475,336 per month), which was down 1.4% from the same period a year ago ($642,575,853). As for the state’s Gaming Proceeds to Education amount through four months, Missouri casinos have chipped in $119,807,354.39, which represents a 1.3% drop from the year before ($121,446,836).  

Projecting outward, Missouri casinos are currently on pace to take in just over $1.9 billion in total adjusted gross revenue, which would be down slightly from the $1.920 billion the facilities raked in during the 2022-23 fiscal year. As for the casinos’ Gaming Proceeds to Education amount, Missouri casinos are currently on track to chip in just over $359.4 million during the 2023-24 fiscal year, which would be another slight decline from last year, when $362,998,603 went to the state’s collection.  

Follow BetMissouri.com for all the latest updates around sports betting as we continue to inform you on the best Missouri betting apps expected to come to the Show-Me State when they eventually become legal.

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Author

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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