Missouri wilts; Encore closes (sorta); Station upgraded

Pent-up demand and stimulus checks appear to be sputtering across the Midwest. Missouri casinos were down 7.5% last month, grossing $129.5 million. Slots ($112 million) were off 6% and table games tumbled 17%. Top grosser in the state was Ameristar St. Charles, down 5% to $20.5 million. Penn National Gaming slid 21% at Hollywood St. Louis ($15 million) and 11% at River City ($16.5 million). Caesars Entertainment did comparatively well at problem child Lumiere Place, off 6% to $11.5 million. Twin River Holdings was actually revenue-positive at Isle of Capri Kansas City, up 5.5% to $5.5 million, while supposedly impoverished Harrah’s Kansas City was steady at $15 million. Ameristar Kansas City skidded 12% to $13.5 million and Argosy Riverside dipped 3% to $12.5 million. Outstate, Isle of Capri Boonville did Caesars no favors, falling 8% to $6 million, while Century Casinos was flat in Caruthersville and off 2% in Cape Girardeau. Independent Mark Twain Casino was revenue-positive, up 4.5% to $3 million.

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