The St. Louis market’s revenue, meanwhile, was up 1.4 percent in August. The overall August take from Missouri's 12 casinos was up 0.2 percent, at $148.4 million.
That ‘s come in the aftermath of a 4 percent year-over-year rise in statewide revenue in July, leaving the state ahead for the fiscal year, which began July 1. While the larger casino markets, including Las Vegas and Atlantic City are still suffering, Missouri is more than holding its own.
Missouri casinos have benefited from Midwest gamblers’ staying closer to home, according to experts.
The casinos have been bolstered by Missouri voters last November lifting the state’s loss limit, which had restricted gamblers to a $500 loss for every two hours.
Thus far this fiscal year, casino revenue going to Missouri state government, a combination of admission fees and a tax on revenues, is up 5.2 percent.
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