March marked the second straight month in which Missouri casinos posted month-over-month revenue gains. Casinos in the Show Me State reported $175.3 million in revenue, an 11.7% increase from $156.9 million in February.
Monthly revenue was the best in the last 12 months and fell just 0.7% from the $175.3 million generated in March 2023.
Admissions also declined year over year. More than 2.5 million patrons visited Missouri casinos in March, 2.8% fewer than the 2.6 million a year ago.
St. Louis area casinos dominate
It’s been 30 years since riverboat gambling became legal in Missouri. Today, the state offers 13 riverboat casinos, but Missouri online casinos and sports betting remain illegal.
The three largest revenue producers in March were all from the St. Louis area. Ameristar Casino Resort Spa St. Charles generated the most revenue, $26.4 million.
River City Casino Hotel and Hollywood Casino & Hotel St. Louis followed, both above $20 million.
Three Kansas City casinos surpassed $15 million in monthly revenue: Ameristar Casino Hotel Kansas City, Argosy Casino Hotel & Spa and Harrah’s Kansas City.
Missouri March 2024 Casino Revenue
| Casino | Slot Revenue | Table Games Revenue | Total Revenue |
|---|---|---|---|
| Ameristar St. Charles | $21,654,369 | $4,751,168 | $26,405,537 |
| River City | $20,103,313 | $2,683,009 | $22,786,322 |
| Hollywood Casino | $18,487,106 | $3,147,063 | $21,634,169 |
| Ameristar Kansas City | $16,843,336 | $1,989,362 | $18,832,698 |
| Argosy Riverside | $13,285,578 | $3,073,230 | $16,358,808 |
| Harrah's Kansas City | $12,150,632 | $3,219,365 | $15,369,997 |
| Horseshoe St. Louis | $12,259,841 | $1,623,783 | $13,883,624 |
| Bally's Kansas City | $11,055,741 | $1,487,693 | $12,543,434 |
| Isle of Capri Boonville | $7,259,273 | $724,613 | $7,983,886 |
| Century Cape | $5,806,634 | $1,048,030 | $6,854,664 |
| Century Caruthersville | $4,397,668 | $301,625 | $4,699,293 |
| St. Jo Frontier | $4,281,904 | $169,975 | $4,451,879 |
| Mark Twain | $3,466,287 | $0 | $3,466,287 |
| TOTAL | $151,051,681 | $24,218,914 | $175,270,595 |
Kansas City area casinos show YoY increases
While St. Louis casinos brought in more revenue than their Kansas City competitors, none showed year-over-year gains. Three of four Kansas City casinos had revenue totals higher than a year ago, including Bally’s Casino Kansas City, which led the state with 8.4% YoY growth.
Six of 13 Missouri casinos showed YoY growth between 3% and 8.4%. The other seven had single-digit YoY declines.
March Missouri Casino YoY Revenue
| Casino | March 2024 | March 2023 | % Difference |
|---|---|---|---|
| Bally's Kansas City | $12,543,434 | $11,573,273 | 8.40% |
| Century Cape | $6,854,664 | $6,538,205 | 4.80% |
| Argosy Riverside | $16,358,808 | $15,680,990 | 4.30% |
| Century Caruthersville | $4,699,293 | $4,507,918 | 4.20% |
| Mark Twain | $3,466,287 | $3,356,795 | 3.30% |
| Ameristar Kansas City | $18,832,698 | $18,290,535 | 3.00% |
| Ameristar St. Charles | $26,405,537 | $26,617,508 | -0.80% |
| Horseshoe St. Louis | $13,883,624 | $14,329,235 | -3.10% |
| St. Jo Frontier | $4,451,879 | $4,595,749 | -3.10% |
| Hollywood Casino | $21,634,169 | $22,478,540 | -3.80% |
| River City | $22,786,322 | $23,723,992 | -4.00% |
| Harrah's Kansas City | $15,369,997 | $16,344,589 | -6.00% |
| Isle of Capri Boonville | $7,983,886 | $8,584,562 | -7.00% |
| TOTAL | $175,270,595 | $176,621,889 | -0.80% |
Fiscal year revenue down 1.2%
Missouri casinos have generated nearly $1.42 billion in revenue through the first nine months of Fiscal Year 2024, $17.5 million less (-1.2%) than the first nine months of FY 2023 ($1.43 billion).
Slot revenue accounts for $1.22 billion, or 86% of that total. Slots this year have brought in $10.3 million less than last year (-0.8%).
Table games share has decreased in FY 2024, making up the remaining 14%. YTD table game revenue is $197.7 million, down 3.5% from $204.9 million in FY 2023.
