River City Casino

River City value
3:08 pm
Mon October 15, 2012

Pinnacle, St. Louis County Settle On Value Of River City Casino

St. Louis County and Pinnacle Entertainment, which owns the River City Casino, have reached a settlement on how much the casino in Lemay is worth.
via Wikimedia Commoms/RamblingGambler

St. Louis County and Pinnacle Entertainment have settled a dispute over how much the River City Casino in south St. Louis County has been worth for the past three years.

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Casino Value
5:17 pm
Tue September 27, 2011

Board reverses decision on assessed value of River City Casino

River City Casino.
(via Wikimedia Commons/RamblingGambler)

Updated at 5:20pm with comments from hearing, more details.

The board that hears appeals from St. Louis County taxpayers on the value of their home or business has reversed  its decision to reduce the value of River City Casino in Lemay.

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Casino Value
2:26 pm
Tue September 20, 2011

St. Louis County casinos' assessed values cut

River City Casino.
(via Wikimedia Commons/RamblingGambler)

St. Louis County's assessor is assailing a board's decision to cut the assessed value of the county's two casinos in a move that will cost school, fire and other districts millions of dollars in tax revenue.

The St. Louis Post-Dispatch reports that the county's Board of Equalization assessed the value of Harrah's casino in Maryland Heights at $152 million. That's down $288 million from the county's assessment of it May.

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Developing: River City Casino expansion
11:02 am
Mon September 12, 2011

River City Casino to expand with $82 million project

An artist's rendering of the River City Casino in Lemay. Pinnacle Entertainment has announced a $82 million expansion at the 18-month-old facility.
(via Wikimedia Commons/RamblingGambler)

Will be updated

The region's newest casino is barely 18 months old, but plans are already under way for its expansion.

Pinnacle Entertainment announced today that it plans to add a 200-room hotel and 10,000-square foot event center at the River City Casino in south St. Louis County. The $82 million project also  includes a parking garage with 1,700 spaces.

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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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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.