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Published byGloria Patterson Modified over 9 years ago
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Missouri Gaming Association 2006 Annual Report
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Missouri Gaming Association Bill Keena Harrah’s Casino MGA President 2006
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Missouri Gaming Association Troy Stremming Ameristar Casino MGA President 2007
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Missouri Gaming Association Gaming revenues continue to grow
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Missouri Gaming Association Gaming tax revenues continue to grow $433 million total gaming taxes in 2006 $287 million to School Foundation Formula $85 million to host communities $31 million to early childhood programs $6 million to Veterans Commission $0 tax incentives or abatements
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Missouri Gaming Association Casino Capital Investments 60% of Operating Cash Flow is reinvested in Missouri $1.3 billion in projects recently completed and currently underway Will exceed $3 billion total casino investment in Missouri by 2008 Pinnacle Entertainment $430 million City of St. Louis $375 million St. Louis County
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Missouri Gaming Association Casino Capital Investments Argosy Riverside $66 million Ameristar KC $22 million Ameristar St. Charles $240 million Isle of Capri Boonville $17.5 million
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Missouri Gaming Association Casino Capital Investments Terrible’s Mark Twain $1 million Terrible’s St. Jo Frontier $5.6 million
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Missouri Gaming Association Workplace Diversity 34% minority employees Missouri population is 15% minority 50% women employees
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Missouri Gaming Association Future of Missouri Gaming Industry Continued capital reinvestments Gaming revenue & gaming tax growth Ongoing support to education and local communities Responsible gaming education Workplace diversity, satisfied workforce Potential to increase tax revenues significantly by removing $500 loss limit
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Missouri Gaming Association $500 Loss Limit Removal Only jurisdiction in the world with a loss limit Targets only 2% of guests Inconveniences all guests Invasion of privacy, not all guests have ID Ineffective in limiting problem gamblers
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Missouri Gaming Association Senate Bill 430 Smart Start Scholarship Act Fund Smart Start Scholarship program Remove $500 loss limit Increase gaming taxes from 20% to 21% Limit the number of casinos
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Missouri Gaming Association $100 million/year tax revenues
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Missouri Gaming Association Missouri Gaming Association 2006 highlights New Web site www.missouricasinos.org Responsible Gaming Programs 2006 Report to the Community Cornerstone Member Program
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Missouri Gaming Association www.missouricasinos.org
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Missouri Gaming Association Responsible Gaming Messages on Ticket In/Ticket Out stubs Project 21 Youth Scholarship Allocated 2007 MGA funding for Missouri Department of Health research on problem gambling
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Missouri Gaming Association Responsible Gaming New 1-888-BETSOFF posters & brochures Life Crisis Services - 24 hr statewide toll-free crisis line & referral service
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Missouri Gaming Association 2006 Report to the Community
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Missouri Gaming Association 2006 Annual Report
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Missouri Gaming Association
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New MGA Membership Program
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Missouri Gaming Association Focus Group Recommendations Establish mission & vision Involve casino staff Develop materials Communicate regularly Engage & recognize
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Missouri Gaming Association Mission & Vision Mission: Educate the public, business community, elected officials and regulators on the benefits casinos bring to Missouri. Vision: Increase awareness Strengthen support Promote and protect shared interests Monitor legislative & regulatory activities Advocate supportive policies.
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Missouri Gaming Association Communicate, Engage & Recognize E-mail bulletin with updates & action alerts Invitations to events Associate Member on Board Legislative activities - letter writing, meet with legislators
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Missouri Gaming Association Vendor Opportunities Total annual vendor spending in Missouri and neighboring states $247 million
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Missouri Gaming Association Cornerstone Member new board position Rosana “Rosie” Privitera Biondo, President Mark One Electric, Kansas City
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Missouri Gaming Association
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