Century Casinos opened its new land-based casino and hotel in Caruthersville, Missouri, on Friday. The new facility is replacing the old casino that’s been on the river for nearly 30 years.
The 26,000-square-foot casino offers 599 slot machines and nine live tables, a 50% increase in gaming positions compared to the temporary casino location, a restaurant, a bar, and a total of 74 hotel rooms.
Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, said: "We are excited about the completion of the transformation of the Century Casino & Hotel in Caruthersville from the last remaining riverboat on the Mississippi River and a temporary location in a small pavilion during the last two years, to a full destination resort with a proper gaming floor, restaurant, bar, hotel rooms, and RV park.
"The new resort will provide much improved and more convenient entertainment experiences, and we look forward to attracting customers from further into Missouri, Tennessee, and Arkansas."
The development cost of $51.9 million has been funded through VICI Properties Inc. VICI owns the real estate improvements associated with the Caruthersville project, which becomes a part of the company’s triple-net master lease agreement with subsidiaries of VICI.
“We needed to update the facility, get it off the river. Again, here we can be a little more stable. We don’t have to worry about the highs and lows of the river that everybody kind of deals with here,” Lyle Randolph, Managing Director and General Manager at Century Casino Cape Girardeau, told local media.
