casino

Fire district ruling
4:23 pm
Tue April 12, 2011

Court rejects fire district request to share taxes

A judge has rejected the Lemay Fire Protection District's efforts to get money for the emergency services it provides to the River City Casino, pictured here.
via Wikimedia Commoms/RamblingGambler

The Missouri Court of Appeals has ruled that St. Louis County is not required to share revenue from a new casino with the Lemay Fire Protection District.

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Education funding
4:01 pm
Wed December 29, 2010

Gaming dollars coming in lower than expected

Missouri’s K-12  schools could face even tougher funding hurdles this year thanks to the slumping gaming industry.

A document provided to the Associated Press today shows Missouri’s 12 casinos were projected to generate about $372 million. That was based on the assumption that removing loss limits would generate more revenue.

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Business
10:43 am
Tue December 7, 2010

River City casino won't reach revenue projection

River City casino
(Wikimedia Commons User RamblingGambler)

The St. Louis area's newest casino is falling short of revenue projections.

The St. Louis Post-Dispatch reports that the River City casino in south St. Louis County is now projected to generate slightly less than $8.2 million in its 10 months of operation this year, and a little less than $10 million in 2011.

Smoking laws
12:14 pm
Thu December 2, 2010

City to bars: when it comes to smoking ban, tents count

Bars in St. Louis that are thinking about applying for an exemption to the city's smoking ban will have to count any tents they use to expand seating areas toward the square footage total that allows them to get that exemption.

The city's ban includes language that lets bars smaller than 2,000 square feet and where "the serving of food is only incidental to the consumption" of alcoholic beverages to allow their patrons to smoke until January 1, 2016.

So why do tents matter?

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MO Statehouse
11:43 am
Wed December 1, 2010

Cape Girardeau selected for final Mo. casino license

Artist rendering of Isle of Capri Casino in Cape Girardeau, set to open in Late 2012.
Isle of Capri Casino

The Missouri Gaming Commission has selected Cape Girardeau as the new site for the state's 13th casino license.

Commissioner Jim Mathewson said that Cape Girardeau "made a good presentation" and "had lots of support from the community."

Mathewson also cited "oversaturation of the market" when asked why St. Louis was not awarded the license.

(Updates have been made to this story below)

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Business
6:31 pm
Mon November 29, 2010

Koman, Tropicana to jointly fund Chain of Rocks casino

The proposed design for Casino Celebration.
(Casino Celebration)

A Las Vegas-based gaming company has entered a deal to help finance and operate the proposed casino at the Chain of Rocks bridge in north St. Louis.



The financing by the numbers:

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