Century Casinos, Inc. to Open New Land-Based Casino and Hotel in Caruthersville, Missouri
Century Casinos, Inc., a well-renowned player in the gaming and hospitality sector, has exciting news for gaming enthusiasts in the heart of Missouri. The company recently announced that its new land-based casino and hotel, the Century Casino & Hotel Caruthersville, will officially open its doors on November 1, 2024. This marks a significant expansion for Century Casinos as they shift operations from a temporary pavilion to a fully-fledged, state-of-the-art facility.
Approval by the Missouri Gaming Commission
The path for the new casino’s opening was paved during a recent meeting with the Missouri Gaming Commission (MGC), where they approved the move of the Century Casino & Hotel Caruthersville gaming license. This crucial endorsement clears the way for the launch and underscores the rigorous evaluation process that such ventures undergo to ensure compliance with state regulations.
The transition from the temporary location to a permanent site not only solidifies Century’s commitment to the Caruthersville community but also showcases the potential for growth in the local gaming sector.
Enhanced Gaming Experience
One of the most exciting aspects of the new Century Casino & Hotel Caruthersville is the proposed gaming experience, which promises to be more extensive than that of its temporary predecessor. The new facility will house 599 slot machines and nine live table games, representing a 50% increase in gaming positions. This expansion is set to elevate the entertainment quotient in the region, providing visitors a greater variety of gaming options.
In addition to the gaming floor, hotel accommodations will also see an upgrade. The number of hotel rooms will double to 74, offering a comfortable stay for guests looking to enjoy a weekend of fun and entertainment.
Investment and Construction Timeline
Construction for the new casino and hotel began in December 2022, with an impressive completion timeline that promises to finish on budget. The total estimated project cost is pegged at $51.9 million. Funding has been secured through VICI Properties, Inc., a leading real estate investment trust (REIT) known for its gaming and hospitality assets. Notably, VICI will own the real estate improvements associated with this Caruthersville project, marking a collaborative effort between the two entities.
Under a triple net master lease agreement with subsidiaries of VICI, the annual rent for Century Casino & Hotel Caruthersville is expected to rise by approximately $4.2 million, highlighting the anticipated success of this new venture.
Grand Opening Celebration
The grand opening of the new land-based casino is poised to be a remarkable event marked with festivities. A ribbon-cutting ceremony is scheduled for 11:30 a.m. CT on November 1, followed by a series of celebrations that include live entertainment and various giveaways throughout the weekend. The casino will officially open its doors to guests at noon, with live entertainment scheduled until 4 p.m.
For the thrill-seekers, the inaugural weekend will also feature a $30,000 Word Out’s Cash Giveaway taking place on Friday, Saturday, and Sunday. Food trucks will be on site, enhancing the communal atmosphere and ensuring guests can savor delightful snacks while enjoying the festivities.
A Historic Milestone
One of the standout features of the Century Casino & Hotel Caruthersville is that it will be Missouri’s first “non-floating casino”, strategically located next to the mighty Mississippi River. This elevation from a temporary pavilion to a permanent casino setting symbolizes a historic milestone for the region and will dramatically enhance the local tourism landscape.
Centuries of entertainment await guests at the new facility, which boasts hundreds of gaming machines and six exciting table games. For those wishing to immerse themselves in the beautiful surroundings, Century Casino encourages guests to book accommodations at The Farmstead or utilize its RV Park, both situated right on the banks of the river and open year-round.
Conclusion
With the opening of the Century Casino & Hotel Caruthersville just over a year away, anticipation is building for what promises to be an exceptional addition to Missouri’s gaming landscape. This move not only enhances entertainment options but also creates economic growth in the region. For those unable to visit in person, several online casinos are operational in Missouri, providing gaming options from the comfort of home. However, for a truly immersive experience, mark your calendars for November 1, 2024, and be part of this historic celebration at Century Casino & Hotel Caruthersville!
