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Is MO a precursor for another poor month for the regional markets?

  • We believe July gross gaming revenues in Missouri fell 5% YoY but same-store revenues fell almost 8% — 4% lower than the seasonal trend would've predicted.  Same-store is lower because the St. Jo Frontier Casino was closed during July of last year.  Official results will be out next week.
  • July 2012 is down a Saturday but that is mostly captured in the model so results are definitely below recent trend
  • Missouri continues to underperform the regional markets due to new competition from Kansas

CHART DU JOUR:  MISSOURI JULY GGR - MO34