Cape Girardeau casino project
Parent company of Cape casino reports improved earnings
Isle Casino Cape Girardeau's parent company on Tuesday reported healthy earnings for the latest fiscal year and detailed plans for future capital investments. The Cape Girardeau casino increased annual net revenue by nearly $5 million, totaling $59.6 million for the year ended April 27, according to the company's financial report. ...
Lawmakers OK lines of credit to casino gamblers
JEFFERSON CITY, Mo. -- Missouri casinos could begin offering lines of credit to high rollers under legislation given final approval Tuesday by state lawmakers. It now goes to Gov. Jay Nixon. The bill would allow casinos, including Isle Casino in Cape Girardeau, to extend a minimum line of credit of $10,000 that would be considered an unsecured, no-interest due loan due within at least 30 days. Credit could not be extended to someone who is intoxicated...
Cape casino marks first year
Today marks one year since Isle Casino Cape Girardeau opened its doors, and as expected, Cape Girardeau has seen some changes. More cars, as indicated by recent traffic counts, than in previous years go down an improved Broadway corridor. Many turn and travel up North Main Street under new lighting, installed with some of the casino's millions in revenue to the city...
Isle of Capri Casinos reports 1Q loss
ST. LOUIS -- Isle of Capri Casinos Inc. reported an unexpected loss for its fiscal first quarter, hurt by flooding and storms in the Midwest, softness in gambling spending in some regions and preopening expenses. Its quarterly performance missed analysts' estimates. The stock fell in midday trading Wednesday...
Seeing improvement: Several casino revenue-funded projects complete or in progress
More signs with the slogan "Cape Says Yes" soon will be seen throughout Cape Girardeau as the fall will bring completion of several projects paid for with city revenue generated by Isle Casino Cape Girardeau. City manager Scott Meyer said a few projects have come in under budget so far while several others have exceeded the planned budget, but overall, the projects together are under budget...
Casino fined for security mistakes last fall
Isle Casino Cape Girardeau has been issued a $10,000 fine by the Missouri Gaming Commission because security officers were improperly issuing vendor and visitor badges. The commission made the decision to issue the penalty during its Wednesday meeting at its central office in Jefferson City, Mo...
Attendance up in July at Cape casino
Isle Casino Cape Girardeau attendance was up for the month of July, increasing city revenue by more than $18,500 over June. According to a monthly Missouri Gaming Commission report, 82,370 patrons visited the casino in July, up from 72,525 in June. Admissions, which is the number of two-hour increments documented for each patron, increased more than 10,000, from 154,501 in June to 165,951 in July...
Nixon vetoes bill changing underage gambling laws
JEFFERSON CITY, Mo. -- Gov. Jay Nixon vetoed legislation Monday that would have altered Missouri's penalties for underage youths trying to sneak into casinos with fake identifications. Nixon said the bill would have weakened laws that keep minors out of casinos, though the industry had promoted the measure as a greater deterrent to underage gambling. Missouri has barred people younger than 21 from the gambling floor since its first casinos opened in 1994...
Cape casino's attendance drops sharply
The number of visitors to the Isle Casino Cape Girardeau dropped 42 percent in May from a peak of 123,000 in March. Just two months after that high point, 71,739 people visited the casino the lowest total for a full month since the casino opened Oct. ...
Loss narrows for Isle of Capri Casinos
ST. LOUIS -- Isle of Capri Casinos Inc. said Thursday its fiscal fourth-quarter loss narrowed from a year ago when it absorbed hefty charge related to the sale of a Mississippi property. But its quarterly performance missed Wall Street's expectations. Shares slipped 4 cents, or 0.51 percent, to $7.84 Thursday. It shares have traded in a 52-week range of $4.75 to $8.79...
Casino visitors, revenue down in April
A decline in visitors dropped city revenue from operation of Isle Casino Cape Girardeau nearly 30 percent in April when compared to the previous month. City officials say they are not worried and are looking forward to being able to measure the casino's performance year to year, rather than month to month...
Isle of Capri replaces general manager of Cape Girardeau casino
Isle Casino Cape Girardeau general manager Chet Koch was replaced Tuesday with a temporary senior administrator, Barron Fuller.
Details regarding the decision were not revealed. A brief statement was issued Thursday by Jill Alexander, senior director of corporate communications for Isle of Capri Casinos Inc. Koch has been the general manager since the casino opened in October. ...
Cape City Council approves payment for asbestos remediation
Cape Girardeau's city council voted to move forward with steps in various projects throughout the city during Monday's meeting. Asbestos remediation is complete at the former Convention & Visitors Bureau building on Broadway that soon will be torn down. The council voted to approve final payment for the remediation, which cost just more than $20,000...
Approach to using casino-generated revenue will look different in long term, city council says
With decisions on how to spend $2.2 million in anticipated revenue from the first eight months of operation of the casino now behind the Cape Girardeau City Council, its members say the public soon will see the emergence of a different, yet long-intended approach to managing and spending future revenue...
City revenue up from Cape Girardeau casino
Admissions to Isle Casino Cape Girardeau rose again in March, generating almost $449,000 for the city, a revenue increase of nearly 20 percent compared to February. Visitors reported by Isle Casino Cape Girardeau in March were 123,000, compared to 103,022 in February and 82,723 in January. The casino collected an average of $61.88 from each of those patrons, down from $64.25 in February. In January, the casino won about $58.62 per visitor...
No utility decrease from casino money
Recent criticism of Cape Girardeau's city council from residents angry over decisions to spend revenue from Isle Casino Cape Girardeau on projects instead of lowering utility bills prompted a response from officials Monday. City manager Scott Meyer shared figures during Monday's study session with the council on increases in sewer and water bills, which were enacted in July 2011 after voters earlier in the year approved the city's plan to build a new wastewater treatment plant...
Second set of projects approved by Cape council
Impassioned pleas were made, but Cape Girardeau City Councilman John Voss' effort Monday to make a change to a list of projects to be funded with Isle Casino Cape Girardeau-produced revenue for the city fell short. "We're basically telling the citizens we don't care about your water and sewer bills, we just want to spend money on these projects," Voss told the council, as its members debated whether to support his amendment to remove a proposed downtown parking lot from the project list...
City council could vote on casino money Monday
With higher-than-expected February revenue due to the city of Cape Girardeau from the operation of Isle Casino Cape Girardeau, city leaders are set to move ahead Monday with plans for several improvement projects.
Ten percent of the total state taxes paid by the casino and half of admission fees for patrons go into a city Casino Revenue Fund, which will help fund the projects up for consideration....
Casino visits up in Cape Girardeau, down statewide
More people visited Isle Casino Cape Girardeau in February than in any month since it opened. About 20,000 more people were admitted than in January, an increase of about 25 percent. However, casino visits statewide are down compared to the same month last year...
Isle of Capri revenue increased over last year
Isle of Capri released its third quarter financial report Wednesday, which reflected an overall increase in revenue compared to last year. "We are pleased that we are attracting customers [from] Illinois, Kentucky, Tennessee and Arkansas, as well as Missouri," said Virginia McDowell, president and chief executive officer, about Isle Casino Cape Girardeau in a conference call after the release of the report...
Fewer people visited casino in January, but stayed longer
Fewer people came through the doors of Isle Casino Cape Girardeau in January compared to December, but those who visited stayed longer, according to monthly earnings reports by the Missouri Gaming Commission. The gaming commission tracks visitors to casino operations in two categories. ...
Cape City Council approves improvement projects
Some citywide improvement projects will move ahead in Cape Girardeau with revenue from Isle Casino Cape Girardeau, while a "pay-as-we-go" strategy will be used by the city council to deal with the rest of a planned list in the coming months. About half of the city council's initial list of projects to be funded with $2.2 million in anticipated revenue from the casino were approved unanimously by the council Monday night...
City council approves partial list of casino-revenue funded projects
Debate about whether to approve projects financed with casino revenue now or wait for further public discussion ended in compromise at Tuesday's Cape Girardeau City Council meeting. Ultimately, the council decided to approve some projects, and further talk about the remainder next month...
Open late? Some bars want to be able to stay open until 3 a.m.
Some local bar owners say they want the opportunity to serve customers during the same hours the new Isle Casino Cape Girardeau is allowed to do so. Missouri statutes governing gaming allow casinos to serve alcohol to patrons on the gaming floor until 3 a.m. State statutes require all other bars to end liquor sales at 1:30 a.m., but exceptions are made for designated areas in Kansas City and St. Louis...
More than $5 million in gaming revenue in first full month of Cape casino operation
The numbers are in from Isle Casino Cape Girardeau's first full month of operations, released Tuesday by the Missouri Gaming Commission. Isle Casino Cape Girardeau had gross receipts, minus winnings paid, of $5.37 million in November; it paid 21 percent of that, $1.12 million, to the state in taxes. The company also paid to the state $414,310 in admission fees during its first full month of operations...
Isle of Capri releases second-quarter earnings
Isle Of Capri Casinos Inc., the company that built and owns Isle Casino Cape Girardeau, announced second-quarter earnings results Thursday, but revenue from the company's newest operation was not included because of the opening date of the casino falling shortly after the end of the quarter...
More than 10,000 visit Cape casino in first two days
During Isle Casino Cape Girardeau's first two days of operations, more than 10,700 people came to play. The October monthly financial report released Tuesday by the Missouri Gaming Commission included the first two days of activity at the new casino...
Mayor: Trolley could be next downtown Cape upgrade
Trolleys are a popular way to explore many downtown districts throughout the country. Visitors park, step on board and are carried to shopping, dining and entertainment for a relatively small price. The getting there and back becomes part of the experience, and it's one Cape Girardeau's mayor wants see to happen here...
3,600 enter Cape Girardeau casino in first six hours
About 3,600 people passed through the turnstiles in the first six hours of the new Isle Casino Cape Girardeau, according to figures provided by Isle of Capri. The $135 million casino opened to the public for the first time Tuesday. Isle Casino Cape Girardeau, a 137,000-square-foot facility, is open 24 hours a day, seven days a week with the exception of 5 a.m. ...
Cape Girardeau casino opens for business
The smile on Jami Carter's face couldn't have been bigger as she pressed a button to set a screen spinning that put the first slot machine in play at the Isle Casino Cape Girardeau on Tuesday morning. Carter, of Chaffee, Mo., won the opportunity to play the first slot in the casino's Facebook contest. She and hundreds of others poured onto the gaming floor after an opening ceremony and ribbon cutting...
Media members get early look at Cape casino
Saws and drills hummed, extension cords stretched across new carpet and crews climbed on ladders to hang flat-screen televisions. They were working on Wednesday to get the Isle Casino Cape Girardeau ready to welcome its first customers in less than a week...
Gaming commission approves resolution favoring Cape casino license
The Missouri Gaming Commission approved Wednesday a resolution saying that the new Cape Girardeau casino owned by Isle of Capri is suitable for a license. The license won't actually be given until opening day, set for Oct. 30. But Wednesday's resolution all but guarantees that a license for the $135 million casino will be granted...
Cape Girardeau lawyer appointed to Missouri Gaming Commission
Cape Girardeau lawyer Diane C. Howard has been appointed to the Missouri Gaming Commission by Gov. Jay Nixon. She was appointed Tuesday for a term that expires April 29, 2015. The appointment will be subject to confirmation by the Missouri Senate. Howard is a partner with The Limbaugh Firm, where she has worked since 1984. ...
Casino to give presentation to gaming commission for license
As Isle of Capri puts the finishing touches on its new Cape Girardeau casino set to open Oct. 30, the company must first make a final presentation to the Missouri Gaming Commission before its license will be granted. The Missouri Gaming Commission will meet at 9 a.m. Wednesday at Cape Girardeau City Hall, after a closed session tour of the casino property earlier that morning...
Casino opening date set for Oct. 30
Isle of Capri will open its new $135 million casino in Cape Girardeau Oct. 30, at 10:30 a.m., pending regulatory approval. The Missouri Gaming Commission will be in Cape Girardeau Wednesday, Oct. 24, to tour the facility and hear a presentation by Isle executives before granting the company its gaming license...
Cape increases portion of casino revenue dedicated to capital improvements
In 2011, more than $92 million in taxes from gaming went to Missouri's local governments where 12 casinos are, also known as "home dock communities." Those communities built playgrounds and pools, improved sewers, sidewalks and senior centers and bought public safety vehicles, computer software and sprinklers. So it makes sense, say Cape Girardeau's mayor and other city leaders, to follow suit...
Isle of Capri, highway patrol concerned about students using fake IDs to enter casino
Fake IDs. They can be ordered on myriad websites or borrowed from a friend. Trying to use one at the new Isle Casino Cape Girardeau, though, will have quite different consequences than trying to pass one off at a local bar, say state troopers. Not only will the person using the ID be arrested and prosecuted, the casino operators will face hefty fines...
Isle of Capri's Cape Girardeau casino still cruising toward Nov. 1 opening
With just two months until its scheduled opening, construction is progressing and employees are starting work at Isle of Capri's new Cape Girardeau casino. Isle of Capri invested nearly $28 million in Cape Girardeau in the past three months as construction nears completion on its new $135 million casino...
Street near Isle of Capri casino named for former executive
The city and Isle of Capri celebrated the life of a former casino executive during a ceremony Monday dedicating a street at Isle's Cape Girardeau site as Paul Keller Way. Monday also marked the arrival of the first 100 slot machines at the casino property on North Main Street. When it opens this fall, the casino will have 1,000 slot machines in addition to table games, several restaurants and an event center...
Casino draws job seekers to employment fair Tuesday in Cape
Job seekers who poured into the Show Me Center on Tuesday said they had hopes of finding better employment opportunities for themselves at the Isle of Capri's Cape Girardeau casino opening this fall. About 50 people were in line when the first of three information sessions began at 8 a.m., said Jill Alexander, Isle spokeswoman. About 300 people attended the three sessions Tuesday. Additional sessions are scheduled from 8 to 11 a.m., noon to 3 p.m. and 4 to 7 p.m. Thursday...
Isle of Capri pushes up opening date for Cape Girardeau casino
Isle of Capri has moved up the opening date for its Cape Girardeau Casino to no later than Nov. 1, two months ahead of its original schedule. The budget for the project has also been increased $10 million for a total of $135 million. These announcements were made this morning as the casino released its quarterly earnings...
Cape Girardeau City Council planning policy on casino revenue
A Cape Girardeau City Council subcommittee has drafted a proposal that it says should serve as a road map for how to spend the roughly $3 million in revenue it expects to begin collecting after Isle of Capri's new casino opens this fall. From creating an endowment fund to setting aside a significant portion for capital improvements, committee members said the draft proposal has the potential to be a long-range and comprehensive spending policy that guides city leaders for generations...
Man rescued after falling into pit near casino site
A man rescued by firefighters early Saturday morning suffered from severe hypothermia after falling into a water-filled pit near the Isle of Capri casino construction site in Cape Girardeau. About 15 firefighters from Cape Girardeau, Jackson and Scott City used a metal basket and a system of ropes and pulleys to pull the victim up. He fell off a catwalk at the Mill Street pumping station about 40 feet into a pit with about two feet of water in it, said battalion chief Mark Starnes...
Warm winter puts Isle of Capri construction ahead of schedule
The construction of the Isle of Capri Casino is ahead of schedule thanks to unseasonably warm winter weather. Isle president and CEO Virgina McDowell told a group gathered to watch the final steel beam hoisted into the skeleton of the $125 million casino complex that it will open no later than Thanksgiving, pending regulatory approval...
Isle of Capri's Cape GM talks about hiring process
As Isle of Capri prepares to hire nearly 500 people to staff its new Cape Girardeau casino, the company is meeting with local groups to educate the community about its hiring process.
Danny Essner receives Limbaugh award at Cape Chamber event
More than 660 people came out to celebrate the success of local businesses Friday at the Cape Girardeau Area Chamber of Commerce annual dinner. Banker Danny Essner, physical therapy center Premier Rehab and United Way communications director Heather Short were recognized with awards during the event held at the Show Me Center...
Governor backs casino fees to benefit veterans
JEFFERSON CITY, Mo. -- Missouri casinos would pay an extra dollar per gambler to boost funding for state-run veterans' homes under a plan detailed Wednesday by Gov. Jay Nixon's administration. Nixon budget director Linda Luebbering said a $1 increase for the per-patron fees that casinos are paying could generate about $50 million a year. ...
Missouri governor backs casino fees to benefit veterans
JEFFERSON CITY, Mo. -- Missouri casinos would pay an extra dollar per gambler to boost funding for state-run veterans' homes under a plan detailed Wednesday by Gov. Jay Nixon's administration. Nixon budget director Linda Luebbering said a $1 increase for the per-patron fees that casinos are paying could generate about $50 million a year. The additional revenue would provide a dedicated funding source to operate nursing homes for Missouri veterans and could help pay to build another facility...
Members of public sign last steel beam of Cape casino
People lined up Thursday afternoon to sign their name on a piece of Cape Girardeau history: the final steel beam to be placed in the Isle of Capri Casino. The casino hosted a holiday-themed beam signing party in the Hutson's Fine Furniture parking lot in downtown Cape Girardeau complete with Christmas carolers. The Southeast Missouri Food Bank had a collection truck on hand for those willing to donate nonperishable food items...
Missouri relaxes casino ban for problem gamblers
JEFFERSON CITY, Mo. -- Thousands of people who have voluntarily banned themselves from Missouri casinos will get a second chance at playing the slots. The Missouri Gaming Commission voted Wednesday to relax rules for the state's casino exclusion list, which imposes a lifetime casino ban on problem gamblers who voluntarily sign up for it. Starting next spring, the new rules will allow people to remove themselves from the list after they have been on it for at least five years...
Isle of Capri cites flooding for loss in second quarter
ST. LOUIS -- Isle of Capri Casinos Inc. reported a larger loss for its fiscal second-quarter than it had a year ago as flooding along the Mississippi River cut customer traffic and boosted marketing costs. The casino operator said Thursday that its net loss amounted to $1.5 million, or 4 cents per share, for the period ended Oct. 23 versus a net loss of $1 million, or 3 cents per share, a year earlier...
Isle names new Cape Girardeau GM, temporary office site
Chet Koch, who grew up in Atlantic City, N.J., and has worked in the gambling industry for more than three decades, on Monday was named general manager of Isle of Capri's new Cape Girardeau casino. The appointment, which also includes the title vice president, becomes effective Jan. 2, said chief operating officer Arnold Block...
Steel beams of Cape casino going up
Construction crews began raising and installing steel beams earlier this week for the Isle of Capri casino building. The steel building frame construction is expected to be completed sometime in February, according to Isle of Capri spokeswoman Jill Alexander...
Isle of Capri hires firm to find minority-, women-owned business for casino construction
ST. CHARLES, Mo. -- Isle of Capri has hired a company that specializes in finding minority- and women-owned businesses to participate in the ongoing construction of its $125 million casino in Cape Girardeau. The company informed the Missouri Gaming Commission of the decision during a closed-door meeting Wednesday, chairman Jim Mathewson said...
Isle to hire Cape casino GM by year's end, executive says
A general manager for Isle of Capri's new $125 million Cape Girardeau casino is expected to be named by year's end -- and he or she most likely will be someone from within the company, chief operating officer Arnold Block said Thursday. The general manager's first order of business early next year would then be to hire an executive team to oversee human resources, marketing, facilities, gaming and nongaming operations, Block said following the ceremonial opening of the realigned Main Street.. ...
Cape Girardeau casino foundation concrete poured
Truck after truck came one by one -- about 40 concrete trucks every hour for nearly 12 hours -- to the Isle of Capri construction site in Cape Girardeau on Tuesday night.
Isle of Capri announces contractors for Cape Girardeau casino project
A Mississippi company and St. Louis company are teaming up to coordinate construction of Isle of Capri's $125 million Cape Girardeau casino.
Isle confirmed the selection of Roy Anderson Corp. of Gulfport, Miss., and S.M. Wilson & Co. of St. Louis, as the general contractors in a news release Monday.
Isle to go with Mississippi company to build Cape casino
Four days before Cape Girardeau voters gave the go-ahead to a $125 million Isle of Capri casino, company executives made a pledge to some 60 local contractors that they would do all they could to employ local building firms. Now, with the bidding of the first major contract, it appears that the casino company is looking elsewhere for its builder.
Illinois mulls smoking ban loophole for casinos
HAMMOND, Ind. (AP) -- Clutching his Marlboro, Clifford Hutchison works a slot machine unaware of his role in a desperate competition to balance state budgets. The retired maintenance worker from Chicago could have sought his fortune at any of the casinos in northeastern Illinois. But he decided to drop his quarters at the Horseshoe Casino in Hammond, Ind., partly because that state allows gamblers to light up unhindered -- something Illinois has banned since January 2008...
Missouri Gaming Commission counsel appointed to judgeship
COLUMBIA, Mo. -- The top lawyer for the Missouri Gaming Commission has a new job and a new title. Gov. Jay Nixon has appointed Michael Bradley as an associate circuit judge in the 13th Judicial Circuit, which covers Boone and Callaway counties. ...
Isle of Capri announces new CEO
ST. LOUIS -- St. Louis-based Isle of Capri Casinos Inc. has announced the promotion of Virginia McDowell to chief executive officer effective April 25. McDowell is the company's president and chief operating officer. She will continue to serve as president after succeeding the retiring James B. Perry as CEO...
Detour on North Main Street begins Thursday
A portion of North Main Street will be closed Thursday as construction begins at the Isle of Capri casino site in Cape Girardeau. Beginning at 9 a.m. Thursday, North Main Street will be closed from Olive Street to south of Mill Street, according an announcement from the Isle Casino Cape Girardeau planning and construction team...
Casino site holds memories for many
For weeks now, homes and businesses have been knocked down one by one to make room for Cape Girardeau's new Isle of Capri $125 million casino complex. "I've got memories there a bulldozer can't touch," said Greg Lincoln, who attended the Evening Light Church at 234 Mill St. It's one of the few buildings still standing on the 23-acre Isle of Capri site, which includes more than 60 individual parcels...
Isle of Capri, city leaders celebrate casino at Cape Girardeau groundbreaking
Golden shovels slid into the dirt Thursday as Cape Girardeau celebrated the construction of a $125 million casino complex.
Casino to break ground at Cape Girardeau site next week
Isle of Capri will break ground on its $125 million casino at 2 p.m. March 31. The event will take place at the intersection of Main and Mill streets, according to a public invitation posted on the casino's Facebook page. The new gaming and entertainment complex north of downtown at the old shoe factory site off North Main Street is expected to have 1,000 slot machines, 28 table games, three restaurants, a lounge and terrace overlooking the Mississippi River and a 750-seat event center...
Cape leaders defend decision to spend casino money on airport bonds
Cape Girardeau leaders, past and present, defended the city's decision Tuesday to spend most of the $2 million it received from Isle of Capri to pay off bonds that funded the construction of an airport manufacturing facility that has been a drain on taxpayers for nearly a decade...
Cape Girardeau City Council opts to use $2 million in casino money to pay airport bonds
Weeks before it was even a certainty that a casino would be built in Cape Girardeau, city officials planned out how to spend $2 million in up-front money from Isle of Capri. They focused on major amenities to Broadway as well as 11 other projects, ranging from dog parks to trail-connecting sidewalks...
Homes being torn down to make way for casino give local fire departments chance to hone skills with controlled burns
Without even breaking ground on its $125 million casino, Isle of Capri has made hundreds of Southeast Missouri firefighters, most from the Cape Girardeau department, feel like they've hit the jackpot. Using more than 20 vacant properties -- some commercial and some residential -- belonging to Isle, more than 100 firefighters from at least a dozen fire departments have spent numerous days this month north of downtown Cape Girardeau, carrying out extensive training exercises...
Habitat for Humanity, Isle of Capri work to move family into new home
Paint was already peeling off the clapboard siding of most of the homes at the Isle of Capri casino site. Their front porches were already sagging. Their tin roofs already rusty. Sticking out like a sore thumb in this neighborhood is the Charles Youngerman family's dream home, built for them just a year ago on Pearl Street by local Habitat for Humanity volunteers...
Cape Girardeau Planning and Zoning Commission approves casino development plans
Isle of Capri's plans for a $125 million casino in Cape Girardeau moved forward Wednesday when the planning and zoning commission approved the company's final development plan.
Cape Girardeau smoking ban falls short of five council votes needed to put measure on ballot
The Cape Girardeau City Council voted down an ordinance to put a citywide smoking ban on the April ballot, raising questions about what happens next. The council was expected to approve the ordinance to put the issue on the April 5 ballot, but three members -- Kathy Swan, John Voss and Meg Davis Proffer -- voted no, meaning it did not get the five votes required by charter for the council to put an initiative petition on the ballot...
Isle of Capri CEO speaks at annual Magnet luncheon
Isle of Capri Corp., CEO James B. Perry shared his vision for Cape Girardeau's future as local business leaders celebrated a year of economic development efforts Friday during Cape Area Magnet's annual luncheon. When Isle examined potential casino sites, the company wanted to make the whole area where it was located a regional destination, Perry said...
Missouri gambling revenue for schools falling short by $24 million
JEFFERSON CITY, Mo. (AP) -- Missouri schools could face a $24 million funding shortfall because tax revenues from casinos are falling short of projections. The executive director of the Missouri Gaming Commission warned the state's budget director of the revenue gap in a letter shortly before Christmas. The document was provided Wednesday to The Associated Press...
Casino, parking lot switch places in new Isle of Capri plan
Isle of Capri is making a major change in its design layout, according to its final development plan filed at city hall.
Isle of Capri checks rock under Cape casino site, meets with utility companies
While major construction on the Isle of Capri casino building isn't expected to start until the summer, preparation is now underway at the site. This week, drilling rigs hired by Isle of Capri are collecting borings to determine the characteristics of the rock under the casino site...
Cape Girardeau casino site once home to shoe factory that employed hundreds
Margaret Wiggins remembers sitting in a grassy field on the hood of her car, watching as the big building fell. The old Florsheim Shoe Factory. A decades-old piece of Cape Girardeau history. A place where countless workers had spent countless hours making top-of-the-line men's dress shoes...
Owner hopes to see Reynolds House renovated with casino going up next door
One of Cape Girardeau's oldest existing structures, built in part by slave labor in the days leading up to the Civil War, is about to come face to face with the city's flashy future. And as a brand-new $125 million Isle of Capri casino goes up just yards away from the 153-year-old Reynolds House...
Planning and zoning commission recommends casino rezoning request, development plan
A rezoning request and preliminary development plan for Isle of Capri's Cape Girardeau casino were unanimously recommended for city council approval without discussion Wednesday by the planning and zoning commission. "I am happy to be down here with a real project instead of talking about what may happen or what could happen," said Dick Meister, Isle's vice president of design and construction...
Isle of Capri to share plan for 23-acre development at meeting
Isle of Capri will present a preliminary development plan to the Cape Girardeau Planning and Zoning Commission at 7 p.m. Wednesday at city hall. Isle is also asking its 23-acre development site at 800 N. Spanish St. to be rezoned from residential and light manufacturing to a planned development district...
Illinois plan could ramp up gambling competition
SPRINGFIELD, Ill. (AP) -- Illinois, desperate for relief from its budget woes, is considering a massive casino expansion including one in Chicago that could leave neighboring states playing for smaller stakes and even squeeze out some competition from within...
Cape Girardeau City Council wants closer look at smoking ban
The Cape Girardeau City Council wants to take a closer look at a ballot measure that will likely ask voters in April to ban smoking in all public places, including bars, restaurants and casinos. The council briefly discussed the smoking ban proposal at its meeting Monday night but ignored the topic of what effect the ban would have on Isle of Capri's $125 million casino that will be built on North Main Street...
Cape Girardeau City Council to discuss smoking ban's casino effects today
The new casino and the proposed smoking ban, two of Cape Girardeau's biggest issues, are on a collision course, and the Cape Girardeau City Council plans to address them both tonight.
Cape Girardeau officials hope Broadway work done by casino opening
If Cape Girardeau's new casino is to be the destination, then think of Broadway as the welcome mat. Providing an attractive roadway into the city -- and one that leads to a $125 million casino -- has become a more pressing priority to city officials, who are speeding up plans to improve Broadway so it can be completed in time for Isle of Capri to open its doors...
Making way on Main Street: Seven buildings already demolished at Cape Girardeau casino site
The new North Main Street to be built for the Isle of Capri casino will run right through what is now Jim Pledger's house at 217 Mason St. The 74-year-old, who has signed a purchase agreement with the casino, said he doesn't like the idea of moving away from the house he's lived in the past 25 years, but he knows it has to be done...
Gaming commissioner says Isle of Capri will be under scrutiny
The head of the Missouri Gaming Commission has a message for Isle of Capri: They will be watching.
The commission that regulates all gambling in Missouri will be closely monitoring Isle of Capri as it builds the $125 million casino over the next two years to make sure the company delivers on its promises, chairman Jim Mathewson said Thursday.
Completing casino designs next step for Isle of Capri
Now that the Missouri Gaming Commission has approved Isle of Capri's plans for a Cape Girardeau casino, the company is finishing design work so construction bidding can begin. The realignment of Main Street will be the first step in the construction, expected to take 18 to 24 months, said Jill Haynes, Isle of Capri communications director...
Isle of Capri loses money in 2Q, tops Wall Street expectations
ST. LOUIS (AP) -- Isle of Capri Casinos Inc. said Thursday it lost $1 million in its fiscal second quarter partly because of higher interest expense. The loss was smaller than Wall Street expected. Executives of the casino operator remain cautious about the future...
Gaming panel picks Cape Girardeau for state's 13th license
JEFFERSON CITY, Mo. -- After nearly two decades of planning, dreaming and plenty of politics, a casino in Cape Girardeau that was once considered a long shot is finally becoming a reality.
Missouri Gaming Commission may award casino license today
The Missouri Gaming Commission is expected to meet at 9 a.m. today in Jefferson City, at which time it will make a decision on which of three casino companies, if any, will be awarded priority status for the state's 13th casino license. The priority designation will allow the selected company to begin construction of its casino. ...
Cape casino would generate most new revenue, state study finds
Cape Girardeau would be the best spot for a new Missouri casino, according to an economic impact study released Friday by the Missouri Gaming Commission. The independent study says an Isle of Capri casino here would outperform its big-city competitors for the state's 13th gambling license in every financial category.
Missouri Gaming Commission to make casino decision next week
JEFFERSON CITY, Mo. -- The wait is nearly over. The Missouri Gaming Commission announced Wednesday that it will decide on Dec. 1 who, if anyone, will get the state's last gambling license. That means Cape Girardeau residents who voted to approve a $125 million casino...
Missouri Gaming Commission meeting focuses on casino finances
JEFFERSON CITY, Mo. -- The Missouri Gaming Commission met privately Monday to pore over financial information related to the three casino companies in contention for the state's last available gambling license.
Missouri Gaming Commission to review companies' financial data at Nov. 15 meeting
If Cape Girardeau officials and Isle of Capri executives wanted Tuesday's election victory to send a strong endorsement to the state, Missouri Gaming Commission chairman Jim Mathewson says they should consider it sent.
Precinct vote totals: Cape Girardeau smoking ban question
Should the city institute the "Cape Girardeau Smoke-Free Air Act," prohibiting smoking in places of public accommodation?
Despite hot races, voter turnout expected to be average
A Cape Girardeau casino, Jackson's proposed sales tax measure and the race between Republican incumbent Jo Ann Emerson and Democrat Tommy Sowers for the 8th District U.S. House seat are expected to be the big draws for voters Tuesday. Still, turnout isn't expected to be higher than historical averages for midterm elections that lack the star power of a presidential campaign...
SEMO study reveals casino's construction, payroll effect on economy
An Isle of Capri casino in Cape Girardeau would present an economic windfall of nearly $125 million for the area in three particular areas -- construction, employee payroll and visitor spending, according to an independent study released Wednesday by Southeast Missouri State University...
Casino town mayors to speak at forum tonight in Cape Girardeau
The mayors of four casino towns will speak at a forum tonight in Cape Girardeau to answer questions about their experiences. The event will be at 6:30 p.m. tonight at Glenn Auditorium at Southeast Missouri State University's Dempster Hall. The mayors from the Missouri towns of Boonville, Maryland Heights and St. Charles will join the mayor of Alton, Ill., to answer questions from the public for one hour, Cape Girardeau Mayor Harry Rediger said...
Mayors at gaming forum say casino didn't bring crime to their towns, boosted economy
Mayors from towns with casinos touted the benefits of gaming in their communities Tuesday night during a forum organized by Cape Girardeau Mayor Harry Rediger. About 80 people listened as mayors from Maryland Heights, Mo., Boonville, Mo., and Alton, Ill., answered questions at Glenn Auditorium on the campus of Southeast Missouri State University...
Cape police group endorses casino
After publicly encouraging Cape Girardeau residents to vote 'no' against a city tax for road improvements before the August primary, the Cape Girardeau Police Officers Association voted at its meeting Tuesday to support a casino measure on the November ballot...
Isle of Capri casino proposal among three pitched to Missouri Gaming Commission
JEFFERSON CITY, Mo. -- A $125 million casino in downtown Cape Girardeau would be a "game changer" for the community as well as generate more new state revenue than any of the other competitors for Missouri's 13th gaming license.
Forum gives Cape Girardeau residents chance to get answers on gaming from mayors with casino experience
Cape Girardeau Mayor Harry Rediger is hoping his counterparts from four cities with casinos in Missouri and Illinois will "clear the air" by answering questions directly from residents at a forum held exactly one week before voters will decide whether Cape Girardeau will stay in contention for a $125 million gaming facility downtown...
Missouri Gaming Commission to hear casino pitches today
JEFFERSON CITY -- Executives with Isle of Capri and city officials are scheduled to appear before the Missouri Gaming Commission today to make a case that Cape Girardeau should be awarded the state's 13th gaming license. And they'll have an hour to do it. ...
Missouri Gaming Commission won't hear North County casino pitch
JEFFERSON CITY, Mo. (AP) -- A group wanting to locate a casino in north St. Louis County won't be making a pitch to the Missouri Gaming Commission as originally planned. The Gaming Commission was to hear presentations Wednesday from four entities competing for Missouri's last available casino license...
Mayors from four casino towns to participate in Cape Girardeau forum
Cape Girardeau Mayor Harry Rediger is hoping his counterparts from four cities with casinos in Missouri and Illinois will "clear the air" by answering questions directly from residents at a forum next Tuesday, exactly one week before voters will decide whether Cape Girardeau will stay in contention for a $125 million gaming facility downtown...
Missouri a leader in dealing with problem gambling, officials say
Amy's father was a compulsive gambler. During her childhood, her parents took out three mortgages on the Jackson house she grew up in to try to pay his gambling debts...
Isle of Capri contributes $50,000 for Cape Girardeau casino yes vote campaign
Isle of Capri is gambling with house money, pouring $50,000 into the campaign to convince Cape Girardeau voters to approve a $135 million casino in the Nov. 2 election. Isle of Capri Casinos, Inc., donated $50,000 to the campaign committee, Yes for Gaming, according to a campaign filing with the Missouri Ethics Commission...
Dubuque, Iowa, offers perspective on casino effects
Old-time paddle-wheelers chug through the dark water of the Upper Mississippi River while recreational gamblers play blackjack, dice and roulette "in the spirit of the roughnecks and rogues who ruled the river" more than a century ago. It's a quaint picture the denizens of Dubuque, Iowa, painted in an April 1989 New York Times article published the day after Gov. Terry Branstad signed into law a bill that would make Iowa the first state to launch riverboat gambling...
Cape Girardeau firefighters endorse casino proposal
The Cape Girardeau Firefighters Association formally endorsed the Cape Girardeau casino project in a news release Friday, saying it will encourage its members to vote for gaming on the Nov. 2 ballot. The association is made up of more than 50 firefighters from Cape Girardeau...
Gaming panel to hear casino plans Oct. 20
Isle of Capri and city officials will try to convince the Missouri Gaming Commission that Cape Girardeau is the best choice for the state's newest casino Oct. 20 at a hearing in Jefferson City. After that, a decision between the four applicants -- three if Cape Girardeau voters say no at the ballot box Nov. 2 -- should come by Thanksgiving, said commission chairman Jim Mathewson...
Casino effects, zoning addressed at voter forum
Zoning questions and issues affecting the local economy dominated much of Tuesday night's League of Women Voters of Southeast Missouri voter forum. Candidates for Cape Girardeau County Presiding Commissioner were asked if they would permit peripheral zoning as the Cape Girardeau City Council referred it to the commission. ...
Cape Girardeau casino campaigners hold rally, unveil more renderings
About 85 area supporters of a proposed Cape Girardeau casino gathered Friday afternoon at the site where they hope the $125 million facility will soon be built. The Yes for Gaming Committee also unveiled more renderings of Isle of Capri's proposal as well as informed voters that on Nov. 2, the casino question will be on the back of the ballot...
Yes for Gaming Committee to hold rally Friday
The Yes For Gaming Committee has announced its plans for a kick-off rally Friday at 3:30 p.m. on the site of the proposed facility. Supporters are invited to attend the rally, according to a news release issued by the committee. The committee is encouraging voters to vote yes on the casino question on the Nov. 2 ballot...
Analysis claims Cape Girardeau best site for casino, but another study has different findings
A casino in Cape Girardeau would generate twice as much tax revenue as one in St. Louis and four times more than one in Kansas City, according to an impact study released Tuesday. The market analysis, updated from one in May, was prepared for Ameristar Casinos, Inc., which operates casinos in St. Charles, Mo., and Kansas City...
Arguments made for and against casino proposal at Cape Girardeau public hearing
It would be hard to make an intelligent wager about the public's support of a casino in Cape Girardeau based on comments made at an hourlong public hearing Monday -- proponents and opponents were each given 30 minutes to make their case.
Possible casino concerns Cape bingo organizers
Local charitable groups are hoping people won't leave Bingo World behind if a casino comes to Cape Girardeau. "We have heard stories about how casinos up in St. Louis put the bingo halls out of business up there, but down here we just don't know if that will happen. It's very difficult for us to make an assessment," said Robert Basler, president of the board of Clark Street Project, the not-for-profit organization that operates Bingo World...
Cape Area Magnet endorses casino development
Cape Girardeau Area Magnet is the latest local organization to support Isle of Capri's proposed $125 million casino development. "We believe Isle of Capri Casinos' project will provide our region with potentially the single largest economic development opportunity in over 40 years," Magnet executive director Mitch Robinson said Friday...
Missouri Gaming Commission lawyer replaced
JEFFERSON CITY, Mo. (AP) -- The top lawyer at the Missouri Gaming Commission has been replaced as the agency considers whom to award the state's final casino license. General Counsel Frank Jung told The Associated Press on Friday that he resigned under pressure. Jung says commission director Roger Stottlemyre told him that he had been told that Jung had to go. But Jung said Stottlemyre did not identify the source of the directive...
Cape plan calls for casino revenue to be shared with other communities
Some of the proceeds generated by a casino in Cape Girardeau would be used to help pay for capital projects and equipment purchases in the county, Jackson and Scott City, according to a revenue-sharing plan adopted by city leaders. The Cape Girardeau City Council on Monday adopted a plan to be sent to the Missouri Gaming Commission by Oct. ...
Audit says Mo. schools could have gotten $21M more from casino revenue
Missouri could be spending an additional $21 million on public schools if lawmakers had followed the wishes of voters when distributing new casino revenue, Auditor Susan Montee said Thursday.
Cape city council selects 11 projects for $1 million from casino money
Cape Girardeau City Council members pared a list of 24 projects down to 11 at a special meeting Wednesday night, planning for nearly $1 million they will have if a casino ultimately does come to the downtown area. At the three-hour meeting, council members debated a full wish list that they had compiled to spend $1 million of the $2 million the city will receive from Isle of Capri in exchange for the municipally owned property along North Main Street where the casino developers hope to build...
Missouri Gaming Commission chair says comission doesn't have to award casino license
It's an option that no one had really considered, and many still do not see as likely, but the chairman of the Missouri Gaming Commission says if he's not convinced that a 13th casino is good for Missouri, he'll vote no. "Not doing one is an option," said Chairman Jim Mathewson, a former state senator from Sedalia.
Cape council sets special casino meeting; Tracy voices opposition
With a deadline less than two weeks away, the Cape Girardeau City Council will take a final look at its casino data at a special meeting Wednesday night, as well as try to settle on a list of projects that could be paid for with $1 million in land-sale proceeds...
Committee formed to advocate 'yes' vote on Cape Girardeau casino
A campaign committee that calls itself "Yes for Gaming" has formed to persuade Cape Girardeau voters that there's no reason to hedge their bets on Election Day, saying a downtown casino would create jobs, bolster tourism and generate millions in annual tax revenue.
Casino won't affect work on downtown Cape taxing district
Plans to form a new taxing district to fund improvements in downtown Cape Girardeau are moving forward, whether a casino comes to town or not. "One of the things we've tried to do is to not assume they're going to be here because there are still obstacles," said Jim Maurer, chair of the community improvement district steering committee. "Whether the casino comes or doesn't come, it's not going to change our thinking on what we need to be providing."...
Public hearing on Cape Girardeau casino set
The Missouri Gaming Commission has announced the time and place for Cape Girardeau residents to voice their opinions for or against a $125 million casino proposed for the city's downtown area. The hearing has been set for Sept. 27 at 1 p.m. at the Glenn Convocation Center at Southeast Missouri State University's River Campus, 518 S. Fountain St...
Cape Girardeau mayor: $1 million from casino deal will fund several community projects
More details are emerging about the $125 million casino proposed for downtown Cape Girardeau, including what sort of community projects the city's development deal will pay for and specifics about the gaming facility itself.
Cape City Council OKs Capri deal; gaming commission rejects casino application for Sugar Creek
After one of the Kansas City, Mo.-area casino competitors fell by the wayside earlier in the day, the Cape Girardeau City Council approved a development deal with Isle of Capri for its $125 million plan for a gaming facility downtown.
Cape Girardeau Area Chamber of Commerce endorses casino development
The Cape Girardeau Area Chamber of Commerce is supporting the proposed Isle of Capri casino development in downtown Cape Girardeau.
Old Town Cape endorses Isle of Capri casino project
Downtown development organization Old Town Cape has endorsed the proposed Isle of Capri casino project. Calling the project "a positive addition to the downtown district," the Old Town Cape board of directors released a statement of support Friday afternoon.
Deal calls for casino to pay $2.4 million for improvements, other costs
The development deal between city officials and the company that hopes to bring a casino to downtown Cape Girardeau calls for the casino to pay more than $2.4 million in up-front money to pay for amenities for Broadway, visitor signs and other improvements and costs...
Isle of Capri the lone applicant for Cape casino license
If the effort to bring a casino to Cape Girardeau succeeds, then the one that will bring it will be St. Louis-based Isle of Capri, the only gaming company that applied for a gaming license by Wednesday's deadline.
Cape business owners, Isle of Capri exec discuss effect of proposed casino on downtown
How the proposed Isle of Capri casino development would change Cape Girardeau's downtown was discussed Monday during a meeting facilitated by Old Town Cape. Paul Keller, senior vice president and chief development officer with Isle of Capri, spoke with about 25 people including restaurant and retail store owners at Buckner Brewing Co. ...
City council votes to recommend Isle of Capri for Cape casino
The Cape Girardeau City Council voted Thursday night to throw its weight behind Isle of Capri's effort to build a $125 million casino downtown, with officials afterward saying it has the potential to become "one of the largest economic development projects" in the city's history.
Only 1 company bids to build St. Louis casino
ST. LOUIS -- The city of St. Louis apparently will have only one choice in a bid to replace the closed President Casino. The St. Louis Post-Dispatch reported that city officials who are deciding which casino project to endorse heard from only one group at a meeting Monday...
Group that put gambling on ballot to campaign against Cape casino
After successfully petitioning to force a vote on gambling, Quality of Life in Cape Girardeau will reinvent itself this week as a campaign committee to persuade voters to reject a casino, spokesman Doug Austin said Monday. The core leaders of the group will meet today to discuss how to structure the campaign and what resources are needed, Austin said. ...
At Rotary meeting, Isle of Capri execs field questions on casino's effect
Members of the Cape West Rotary Club asked executives with Isle of Capri how their plans for a Cape Girardeau casino would affect existing community organizations and businesses.
Rep. William Clay endorses St. Louis spot for casino
JEFFERSON CITY, Mo. -- U.S. Rep. William Lacy Clay wants the Missouri Gaming Commission to place a casino in north St. Louis County, but U.S. Rep. Jo Ann Emerson said she's unlikely to inject herself in a state decision. Clay has sent a letter to the commission's executive director, Roger Stottlemyre, touting the economic benefits of locating a casino in an area he says has "extremely high rates of unemployment." Developers are seeking commission approval of a development near Spanish Lake, Mo., just south of the confluence of the Missouri and Mississippi rivers.. ...
Cape City Council takes next step in putting casino vote on ballot
The campaign over gambling in Cape Girardeau can now begin. The Cape Girardeau City Council voted Monday to set a Nov. 2 election on the issue of allowing a casino in the city and a negative vote would derail the city's effort to bring a casino to town just as the Missouri Gaming Commission is set to decide which community will receive the state's sole available license...
Cape Girardeau casino measure to appear on November ballot
Cape Girardeau residents will vote Nov. 2 on whether they want a casino. The petition circulated by Quality of Life in Cape Girardeau needed 2,635 signatures to force a vote on the issue and the group turned in 3,080. Cape Girardeau County Clerk Kara Clark Summers reported to the city that there are enough signatures from registered voters to meet the goal, city clerk Gayle Conrad said Friday...
7 companies submit economic analyses of proposed casino operations to state gaming commission
Seven companies hoping to win permission to build Missouri's 13th casino submitted economic analyses of their proposed operations to the Missouri Gaming Commission on Thursday, spokeswoman LeAnn McCarthy announced.
State says decision on casino license will come later this year, likely after Cape Girardeau gambling vote
It appears likely that the Missouri Gaming Commission will not select a community to develop Missouri's 13th casino until after Cape Girardeau voters render a verdict on gambling locally. The petition by Quality of Life for Cape Girardeau to force a vote on gambling is being checked this week by County Clerk Kara Clark Summers. Organizers are confident they have the 2,635 valid signatures needed to put the measure on the Nov. 2 ballot...
Isle of Capri, St. Louis Capital Partners make their casino pitches to Cape City Council
The prettiest girl at the Missouri casino dance got a good look at her suitors Thursday evening, with one making a specific proposal of marriage and the other offering to give details later if an engagement can be arranged.
Spokesman: Enough signatures gathered to force Cape Girardeau casino vote
The group petitioning to force a vote on casino gambling in Cape Girardeau will deliver more than 3,000 signatures to city hall today, enough to put the question on the Nov. 2 ballot, a leader of the drive said Tuesday.
Developers signing up to buy land for casino in 2 areas of Cape
Developers hoping to win Cape Girardeau's endorsement to build a casino are busy making deals for properties along North Main Street and immediately south of Highway 74 near the Bill Emerson Memorial Bridge. Along North Main Street, it's no secret that David Knight, owner of Ole Hickory Pits, and Jim Riley, owner of Red Letter Communications, are signing up enough ground for a major development. ...
Boonville, Caruthersville residents say casinos have been a benefit to their communities
Many people have questions about the effect of a casino on Cape Girardeau, but after many years of operation, gaming facilities in other small Missouri towns are seen as community partners, according to business leaders and residents interviewed by the Southeast Missourian...
First batch of casino signatures delivered to city
A group hoping to force a Nov. 2 vote on casino gambling on Tuesday delivered almost 60 percent of the signatures needed to Cape Girardeau City Hall.
Cape Girardeau City Council to meet with casino companies July 8
Cape Girardeau City Council members compared calendars early in their work session Monday at city hall in order to set a new date to meet with development companies interested in building a casino in the city. Council members will invite all the companies interested in competing for the city's endorsement to a 6 p.m. meeting July 8...
Potential Missouri casino sites all have challenges to overcome
A petition drive to force a new vote on gambling in Cape Girardeau will be watched closely by the city's potential competitors in the contest for the only casino license available in Missouri. A successful petition drive could scuttle Cape Girardeau's effort, with Quality of Life in Cape Girardeau aiming for a Nov. 2 vote that would be near the time the Missouri Gaming Commission would be getting ready to choose a winning applicant in the fall...
37 churches helping gather signatures in Cape casino petition drive
The group hoping to force a vote on casino gambling in Cape Girardeau has enlisted the help of 37 churches and 56 individuals to help circulate petitions, organization spokesman Doug Austin said Monday. Quality of Life in Cape Girardeau, which asked the Cape Girardeau City Council to put the question before voters, intends to deliver petitions with 2,635 signatures from registered voters by July 6, Austin said. ...
Companies' plans for Cape casino remain uncertain
The companies that want to put a casino in Cape Girardeau all include people with lengthy experience in the gambling and tourism industries, but those companies are not ready to reveal much about their plans. And area residents are going to have to wait a little longer than expected to learn those details. A city council work session originally planned for Thursday as the first look at the plans has been postponed without a new date being set...
City postpones meeting with casino developers
The city has postponed indefinitely a special Cape Girardeau City Council meeting to hear proposals from casino developers, city clerk Gayle Conrad said Friday. The meeting was originally scheduled for 6:30 p.m. Thursday at the Osage Community Centre, 1625 N. ...
Missouri Gaming Commission sets timetable for casino licensing process
JEFFERSON CITY, Mo. -- The Missouri Gaming Commission on Wednesday set a Sept. 1 deadline for submitting applications for a casino license available in the state.
Analysis: Cape Girardeau casino would be best for state revenue
A market analysis prepared for a casino company operating in two Missouri cities found that Cape Girardeau is the location with the best chance of producing new revenue for the state without taking business away from other operators. Ameristar Casinos Inc., which operates in St. ...
Licensing process new to current Missouri Gaming Commission members
When the Missouri Gaming Commission meets Wednesday in Jefferson City, the five members will embark on something none of them has ever done -- considering license applications.
Gaming commission head: Casino license decision likely by September
JEFFERSON CITY, Mo. -- Awarding the only available Missouri casino license will likely be a quick process that is over by Sept. 1, Missouri Gaming Commission executive director Gene McNary said Tuesday to a room full of companies and communities interested in the license.
Cape officials plan June 3 public meeting with casino developers
The Cape Girardeau City Council will meet in early June with interested casino developers to hear plans and ask questions about how well they will fit into the community. The meeting, which will be open to the public, is set for 6:30 p.m. June 3 at the Osage Community Centre, city manager Scott Meyer said during the council work session. The forum will be a council work session, with council members and city staff asking questions while the public watches...
Missouri kicks off casino license competition Tuesday
In 2008, when David Knight and Jim Riley were trying to interest casino companies in their property along North Main Street in Cape Girardeau, none wanted to return their telephone calls. Now, as the Missouri Gaming Commission gears up to award the first license to become available since a statewide limit was imposed, suitors are lining up for a chance to woo the men who control a large chunk of the land that could be the most logical spot for a local casino...
Presiding commissioner: Cape County should be included in casino discussion
Though the Cape Girardeau County Commission has no official stance yet on a possible casino in Cape Girardeau, the county should be included in discussions on the issue, Presiding Commissioner Gerald Jones said Thursday.
3 companies tell gaming commission of interest in Cape casino
Three development companies have told the Missouri Gaming Commission they are interested in obtaining a gambling license for Cape Girardeau, the commission announced Tuesday.
Cape City Council says no to putting casino issue on ballot, says petitions required
The Cape Girardeau City Council politely but forcefully said Monday evening that any new vote on whether to bring gambling to town would have to be put on the ballot with petitions. In rejecting the call for the council to put the measure on the ballot, members sought to find out what a casino deal would have to include for a group seeking a vote to back down. ...
More casinos interested in Cape Girardeau
Casino companies are showing a growing curiosity about Cape Girardeau in advance of Saturday's deadline for cities, counties and casino operators to tell the Missouri Gaming Commission they want the state's sole available license. A St. Louis-based company that initially approached the city about locating a gambling boat here has continued to court city officials, Mayor Harry Rediger said Wednesday. ...
Three companies interested in St. Louis casino
ST. LOUIS (AP) -- Three companies are expressing interest in opening a casino in St. Louis once the President casino closes this summer. The St. Louis Post-Dispatch reported Tuesday that the companies are Isle of Capri Casinos, Casino Celebration and Blue Sky Development Corp...
Cape Girardeau City Council: Too early to put gambling casino to public vote
There appears to be little sentiment on the Cape Girardeau City Council to seek a public vote on whether the city should pursue a casino development. In interviews at the council retreat Wednesday at the Osage Community Centre, council members said they have been getting calls and e-mails from constituents, with many urging that the issue be put on the ballot...
Over 2,600 signatures required to force Cape Girardeau casino vote
Anyone seeking to put the question of whether Cape Girardeau should have a casino on a ballot will need to gather at least 2,635 signatures from registered voters in the city. That is 15 percent of the ballots cast for governor in 2008, the standard under state law for forcing a vote on gambling. There were 17,562 ballots cast, county elections director Joey Keys said Tuesday...
Cape Girardeau City Council asked to let voters decide on bringing casino to town
Cape Girardeau voters should decide again whether the city wants a riverboat, not just seek to put a casino here because voters agreed to the idea 17 years ago, the Cape Girardeau City Council was told tonight. Doug Austin, a retiree who has served on several city committees including Vision 2020, former councilman Melvin Gateley and retired pastor Paul Kabo urged the council to send the issue to voters again before making a commitment to a casino developer...
City to send gaming commission letter of interest in casino
Without a specific proposal from a casino company wanting to locate in Cape Girardeau, city manager Scott Meyer said Friday that he has prepared a general letter of interest in gambling for the city. The Cape Girardeau City Council will discuss the letter during the work session before Monday's regular meeting. ...
Casino developer interested in Cape, mayor says
A casino company came calling last week seeking endorsement for a riverboat gambling application for Cape Girardeau, Mayor Jay Knudtson told the city council Monday night. During a work session before his final regular business meeting leading the council, Knudtson said the company is a well-established casino operator with licenses in six states. The company owns a 34,000-square-foot floating casino four stories tall it wants to dock here before establishing facilities on shore, he said...
St. Louis planning to make bid for casino license
ST. LOUIS -- St. Louis is losing a state gambling license when the President Casino closes for good by this summer, but the city is already trying to get the license back. Missouri has a cap of 13 casino licenses. Earlier this month, President owner Pinnacle Entertainment announced it would shut down the aging President no later than July 1, leaving that license up for grabs...
Mo. regulators gauge interest in casino license
JEFFERSON CITY, Mo. -- Missouri gambling regulators are taking the first step toward licensing a new casino. The state gaming commission said Thursday it wants to hear by May 1 from companies interested in opening a casino. But the commission is not accepting applications right now...
Cape candidates agree on casino, are split over smoking ban
Cape Girardeau's candidates for mayor agree a downtown casino would bring jobs that would be hard to turn down, but split over whether they favor allowing voters to decide if smoking should be banned in public places. Retired businessman Harry Rediger and former councilman Matt Hopkins spent more than 40 minutes answering questions before an audience of 50 who attended the League of Women Voters forum at the Cape Girardeau Career and Technology Center. ...
Cape casino 'won't happen' without council endorsement, mayor says
A Cape Girardeau casino is unlikely unless the city council endorses the idea, Mayor Jay Knudtson said Monday night. The possibility that a development group led by businessmen David Knight and Jim Riley will apply for a casino license opened up last week when the Missouri Gaming Commission and Pinnacle Entertainment agreed the President Casino will be closed July 1. That will make one of Missouri's 13 gaming licenses available to a new casino...
Locals hope to get open license in wake of St. Louis casino closing
A St. Louis casino's closing leaves its gaming license up for grabs and reopens the possibility of riverboat gambling in Cape Girardeau.
State revokes license of St. Louis casino, opens possibility for Cape casino
Missouri gambling regulators voted Wednesday to close an aging St. Louis river boat casino, claiming the owners have intentionally slowed gambling and thus limited state revenue. The decision again opens the possibility that Cape Girardeau could land a casino, local businessman David Knight said...
Cape Girardeau man still hoping for casino license
A gambling license is a scarce commodity in Missouri now that voters agreed to limit the number of casinos to 13. But that isn't stopping dreamers, including David Knight of Cape Girardeau, from keeping their hopes alive that they may find a way to secure one of those rare items...