Three St. Louis-area casinos reported net revenue gains in April, while three posted losses in gaming revenues, the Missouri Gaming Commission and Illinois Gaming Board reported.
Lumière Place, Hollywood, and Casino Queen all reported net gains from a year ago, while Argosy Alton, River City, and Ameristar reported declining revenues.
Lumière Place posted a 16.4 percent net gain compared to April 2015, with $12.5 million in net revenues. The Tropicana-owned casino is located along the riverfront in St. Louis and reported consistently strong gains in slots revenues.
An additional run at the gaming tables helped to make April a good month for Lumière Place.
The Hollywood Casino in Maryland Heights posted a 6.5 percent gain with $19.4 million in net gaming revenues last month. The Penn National-owned casino reported high gains in slots play.
Another Penn National-owned casino, the Argosy, continued a recent bad run with a 17 percent decline in net gaming revenues at $4.3 million. The casino also reported a 12.6 percent net revenue decline in March.
Across the river in East St. Louis, the Casino Queen took in $9.6 million in net gaming revenues for an April-to-April gain of 5.3 percent.
Despite a slight decline of 0.2 percent, Pinnacle Entertainment’s Ameristar St. Charles Casino continued leading area casinos with $22.4 million in net gaming revenues.
Pinnacle’s River City Casino in Lemay also posted a decline in net gaming revenues at $18.5 million, for a 3.5 percent decline.
The St. Louis gaming market posted a 2.3 percent gain at $86.9 million in net gaming revenues.
