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Hollywood Casino

Thursday, February 14, 2013

Proposed Law Would Mean Ameristar Can't Go Smoke-Free Unless Hollywood Casino Does the Same

St. Charles lawmaker Bill Otto introduced a bill that would prohibit casinos from being subject to smoking laws that a casino within 75 miles are not subject to.

It's all or none when it comes to smoking in casinos. At least, that's the way Missouri State Rep. Bill Otto, D-St. Charles, wants it.  Otto introduced a bill—House Bill 509—to mebers of the Missouri State House of Representatives that would prohibit casinos from being subject to smoking laws that a casino within 75 miles are not subject to. Essentially, Otto is aiming for a fair playing field.  From a St. Louis Post-Dispatch report: Otto says he wants to keep one area casino from gaining a temporary advantage over another. Eventually, he said, he expects that all local communities in the St. Louis area will enact bans on smoking in casinos, bars and other public places with few exemptions, although he opposes such restrictions on …

Tuesday, January 29, 2013

Changing Casino Landscape Forces Owners' Hands

With revenue growth slowing in St. Louis' casino market, casino owners are being forced to rethink strategy.

St. Louis’ multibillion-dollar gambling market is the nation’s sixth largest, but growth here is slowing, which reflects the rest of the state and many other regional gambling markets, the St. Louis Post-Dispatch reports.  According to the report, Missouri Gaming Commission figures show that casino revenue in the state over the four most recent fiscal years fluctuated between $1.7 billion and $1.8 billion. The figure for fiscal 2012 was $1.79 billion. Those figures include revenue from St. Charles' Ameristar Casino, which is in the process of being sold to Pinnacle Entertainment—also owners of St. Louis Lumiere Place and Lemays River City casinos—and Maryland Heights' Hollywood Casino. The decline in revenue is forcing casino officials to …

dbatch1715

8:44 am on Tuesday, January 29, 2013

Looks like they have fleeced all the suckers. Now what!!   more ›

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