Wednesday, February 11, 2009

"Missouri gambling industry cashing in on the repeal of loss limits"

"Statewide, Missouri gaming revenues were up a whopping 10 percent over January 2008, to $145.7 million.

St. Louis area casinos did even better, up 12.8 percent.

The upsurge in St. Louis was all the more remarkable on top of revenues that grew 7.8 percent in January 2008, when the market’s Missouri-side casinos began welcoming Illinois’ tobacco-using gamblers fleeing a statewide smoking ban that took effect that month.

Illinois’ slide continues. Last month metro casino revenues on the Illinois side were down 7.6 percent from January 2008 when they were down 17.4 percent from January 2007."