Visit Us At - Missouri Gaming Commission

The Missouri Gaming Commission will regulate charitable and commercial gaming in a manner which promotes a positive impact on the State and ensures the integrity of the industry.

MGC Mission Statement

Visit Us At:





2

Table of Contents

Message from the Chairman...................................................................................................... 4 Message from the Executive Director..................................................................................... 5 Commissioners............................................................................................................................... 6 Money to Worthy Causes............................................................................................................. 8 Report on Competitiveness......................................................................................................... 9 Economic Impact.......................................................................................................................... 10 Fund Balance Report.................................................................................................................... 11 Charitable Gaming......................................................................................................................... 12 Missouri State Highway Patrol.................................................................................................. 13 FY 2012 Operation Results

Ameristar Casino Kansas City.............................................................................................. 14 Ameristar Casino St. Charles................................................................................................ 15 Argosy Riverside Casino......................................................................................................... 16 Harrah's Maryland Heights.................................................................................................. 17 Harrah's North Kansas City................................................................................................. 18 Isle of Capri ? Boonville......................................................................................................... 19 Isle of Capri ? Kansas City.................................................................................................... 20 Lady Luck of Caruthersville................................................................................................. 21 Lumi?re Place............................................................................................................................ 22 River City Casino...................................................................................................................... 23 Mark Twain Casino.................................................................................................................. 24 St. Jo Frontier Casino.............................................................................................................. 25 Fiscal Year 2012 Project Summary............................................................................................ 26

3

Message from the Chairman

My first few months as Chairman of the Missouri Gaming Commission have been informative and enlightening. My term as a Commissioner began April 30th of 2010. During this time I have recognized Missouri Gaming Commissioners to be dedicated professionals who willingly volunteer their time to the oversight and regulation of Missouri's riverboat gaming casinos and charitable bingo, all the while keeping the best interests of the people of the State of Missouri in mind.

Missouri Gaming Commission staff compiles an annual report each year which encompasses the Commission's activities and provides a snapshot of the casinos impact in Missouri over the past fiscal year. FY 2012 has been a productive year for the MGC.

This past fiscal year Missouri Gaming Commissioners voted to approve a major change to the Disassociated Persons List. The Disassociated Persons List, or DAP List, is a voluntary self- exclusion program, which was the first of its kind in the nation. The DAP list allows those who believe they have a gambling problem to sign up to bar themselves from Missouri's riverboat gaming casinos. Once on the DAP list an individual may be arrested for Class A misdemeanor trespass if found on the casino gaming floor. Until March 31st of this year the ban was lifetime. Many letters and comments have been received over the years requesting a shorter period of exclusion. MGC now allows those people on the DAP List to petition the commission to remove their name if they have been on the list for five years or longer. However, there is only one time in which you can remove yourself from the list. If you choose to sign up again, it will be for life. Of the approximately 16,000 people on the list, about 2,500 individuals asked to have their names removed from this voluntary ban. This five- year exclusion option has also been appealing to those who have been intimidated by a lifetime- only exclusion. In all, it was an important change, and representative of why we review our rules and regulations year after year. Looking forward, Missouri Gaming Commission staff is anticipating the opening of the Isle of Capri Cape Girardeau riverboat gaming casino in the fall of 2012. This 135 million dollar facility will bring approximately 525 jobs to Cape Girardeau. Tax revenues generated from this facility will provide money to the City of Cape Girardeau, money to the State for education, and funds to worthy causes such as the Veterans Commission Capital Improvement Trust Fund, the Missouri National Guard Trust Fund, the Missouri Guarantee/ Access Missouri Financial Assistance Fund, and the Compulsive Gamblers Fund. If you're interested in how each home dock city and county spends their revenue from riverboat casino gambling you can see it in this report. I hope you find this year's annual report to be a comprehensive guide to riverboat gambling and charitable bingo in Missouri.

4

Message from the Executive Director

This past year Missouri Gaming Commission staff worked steadily to oversee the construction of the Isle of Capri Cape Girardeau, and to strengthen our minority and women business enterprises program, and update the Disassociated Persons List. We also continued the day-to-day work of regulating the State's 12 riverboat gaming casinos, and charitable bingo licensees.

Another critical aspect of our operation is to monitor tax collections. In FY 2012 MGC oversaw collections of nearly 377 million dollars in tax receipts for education. We also monitored the collection of the two dollar per two hour admission fee of which garnered over 103 million dollars for the State and home dock cities/counties. In review, the State's east side riverboat gaming casinos saw growth. The State's west side operated at a loss in part due to flooding in St. Joseph, and the opening of Penn National's Hollywood Casino, in Kansas City, Kansas which directly impacted its sister property the Argosy in Riverside. You can view our monthly financial numbers on our website at mgc.dps.. MGC has been busy monitoring the building of the Isle of Capri Cape Girardeau. Staff has been onsite for each phase of the construction. We will be there on opening day this fall. MGC continues to work with Missouri State Highway Patrol gaming agents to prepare for this new property. We are grateful for their assistance. Each riverboat gaming casino houses an MGC office. Cape Girardeau will have an office staffed by both MGC and MSHP gaming agents to enforce the rules and regulations as we do at all riverboat casinos. This riverboat gaming casino marks the 13th and last available license. In 2008, the voters of Missouri, through the passage of Proposition A, capped the number of riverboat gaming casinos in the State at 13. MGC requires each applicant for a Class A license, or renewal of that license, to operate an excursion gambling boat to provide an affirmative action plan which has as its goal the use of best efforts to achieve maximum employment of minorities and maximum participation in the procurement of contractual purchases of goods and services. Our MBE/WBE audit program serves as a conduit between riverboat gaming casinos and those companies which serve this industry, by providing information and resources to assist industry in the employment of minority and women business enterprises. We monitor hiring practices, and employment numbers. Our newly developed MBE/WBE auditing program is aimed at best practices and is becoming a model for other MBE/WBE programs. We will continue to set goals at the Missouri Gaming Commission to accommodate rapidly changing technologies and balance our regulatory duties. Reviewing FY 2012 I am pleased with our progress and look forward to the direction we are headed into FY 2013.

5

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download