The St. Jo Frontier Casino was having a good financial year until the Missouri River began flooding in June.
Figures from the Missouri Gaming Commission show the casino in St. Joseph reported a 5 percent increase in gross revenue in the fiscal year that ended June 30. Revenues increased from more than $38 million for fiscal 2010 to just over $40 million as of June 30.
The St. Joseph News-Press reported Tuesday that the numbers show a 7 percent drop in June from a year ago.
Casino General Manager Craig Travers says flooding forced the casino to close June 27-30. June revenue totaled almost $2.9 million, compared with slightly more than $3.1 million for the prior year.
The casino will remain closed until the river levels drop to safe levels.
Was this article valuable?
Here are more articles you may enjoy.
Poorer Americans Dropped Federal Flood Insurance When Rates Rose
LA Fires Push Insurers’ 2025 Disaster Losses to $107 Billion
Flooding in California Leads to Soaked Roads, Water Rescues and 1 Death
Wells Fargo Sued by Ex-Manager Who Said Bank Faked Diversity