Missouri Gaming Commission changes "floating facility" rule

16 July 2021

(PRESS RELEASE) -- Century Casinos, Inc. announced today the latest developments at Century Casino Caruthersville in Missouri.

Efforts to change a Missouri law that required each casino to be a “floating facility” have been successful. Going forward, the Missouri Gaming Commission will have the ability to approve a casino facility that is built as a standard building as long as it also includes a container with at least 2,000 gallons of water beneath the facility. This change opens the opportunity for Century Casino Caruthersville, which is the last remaining riverboat casino on open water in Missouri, to move to a non-floating facility.

The Company also purchased parcels of land between land already leased by the Company and the land-based Pavilion building, which contains a restaurant, multifunctional spaces and an entrance to the walkway to the riverboat casino. The purchases also come with a small, existing two-story hotel. The land purchases provide strategic options for the future casino and hotel development and better access to parking. The Company has already started working with a renowned architecture firm to develop plans for the new casino and hotel facility. The Company will refurbish the existing hotel with the goal to reopen it with 36 rooms by early 2022. There is currently no other hotel situated in downtown Caruthersville.

The number of available casino licenses in Missouri remains capped at 13, and casino facilities are still required to be located within 1,000 feet of the Mississippi or Missouri rivers. The Company’s two casinos in Missouri, Century Casino Caruthersville and Century Casino Cape Girardeau, operate 1,365 slot machines and 32 table games and generated 43% of the Company’s net operating revenue and 104% of the Company’s Adjusted EBITDA in Q1 2021.

“We are very thankful to the Missouri legislature, the Caruthersville community and our management in Missouri for having driven and supported our successful efforts in Missouri,” Erwin Haitzmann and Peter Hoetzinger, Co Chief Executive Officers of Century Casinos remarked. “We look forward to bringing exciting improvements to our property in Caruthersville,” Haitzmann and Hoetzinger concluded.

Related Links
Missouri Gaming Commission Gaming Vendor Information
Century Casino Caruthersville Details

Featured Vendors
Casino Network
Slot Machines Unlimited
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Oklahoma Indian Gaming Association (OIGA) Conference
Kallop
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 9-11, 2022 in Tulsa!
Kallop
Reward every play like a VIP with exclusive luxury brands at affordable prices.
TribalHub
Talisman Group Creators of EZ Baccarat
TribalHub
23rd Annual TribalNet Conference Sept 12-15, 2022 Grand Sierra Resort & Casino in Reno, NV
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Betson Imperial Parts & Service
Sunkist Graphics, Inc.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Casino Schedule Ease
Plastic Card ID
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
Plastic Card ID
The World’s Lowest Prices on Printed Plastic Cards and Card Printers!
AmericanChecked
TOP ONE TECH LIMITED
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Casino City Press
Imagine This
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Rymax Marketing Services, Inc.
TDN Money Systems
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
TDN Money Systems
Cage, cash/chip handling experts representing CountR, ARCA, AccuCASH, Fujitsu & NCR


Your Guide to 15,505 Gaming Industry Suppliers