Missouri Riverboat Casino Revenues Rise Year-on-Year in January 2025
Since the legalization of online sports betting in November, our best sports betting sites have been eager to enter Missouri. However, there has been mixed news on the gambling front since then.
The Missouri Gaming Commission announced casino revenue from its 13 licensed riverboat casinos in January, totaling $140 million statewide. That’s a 4% increase on the year prior.
Out of this total, casino players in the Show-Me State generated $20.4 million in table game wins, a 3% increase from the previous year. Likewise, electronic gaming devices produced over $119.5 million in winnings, a 4% rise from last January, when casinos collected $115.2 million.
Nine out of 13 Missouri casinos reported year-over-year revenue increases, but only six generated revenue above $10 million. Yet despite the riverboat casinos' abundant yearly increases, month-over-month revenue declined overall.
Casinos with the highest revenues
Ameristar St. Charles recorded the highest revenue, generating $22.3 million last month, a 4% rise from the previous year but a month-over-month decline from $26.3 million.
Following this, River City Casino produced $19.1 million in revenue, an 8% year-over-year increase but a drop from $22.8 million compared to December figures. Hollywood St. Louis reported a 4% rise compared to the previous year, but revenue dropped month-over-month from $22.3 million to $18.6 million.
Ameristar Kansas City had 1% revenue growth year over year but declined from $17.1 million to $14.2 million monthly. Harrah's Kansas City was the last riverboat casino to report yearly revenue growth above $10 million, but it declined from $14.3 million to $12.1 million month over month.
The four remaining casinos that didn’t experience year-over-year revenue growth were Bally’s Kansas City, which declined by 2% and dropped from $10.6 million to $9.2 million month over month. Horseshoe St. Louis also declined by 2% last month, generating $10.6 million in revenue, also a month-over-month decline from $12.4 million.
Isle of Capri Boonville and St. Jo Frontier recorded a 1% revenue drop year-over-year, generating $5.9 million and $3.3 million, respectively. Isle of Capri Boonville declined month-over-month from $7.3 million, and St. Jo Frontier decreased from $3.8 million.
Will slot machines be legalized in Missouri?
Missouri lawmakers in the House Emerging Issues Committee have recently considered legalizing slot machines by introducing House Bill 970. If the bill were to be passed, an estimated $343 million in revenue would be generated annually. That's in the works shortly after announcing a legal Missouri sports betting market.
HB 970 is sponsored by Representative Bill Hardwick. It seeks to create a regulatory scheme for no-chance machines already established in gas stations, bars, and other establishments across the state. If approved, the Missouri Lottery would administer the new regulations and ensure compliance with the extra revenue generated by the machines.
