Century Casinos has established a new land-based casino and hotel in Caruthersville, Mo.
The 26,000-square-foot casino has 599 slot machines and nine live tables, representing a 50% increase in gaming positions over the temporary casino facility, as well as a restaurant, bar, and 74 hotel rooms.
VICI Properties (VICI) has paid the $51.9 million development costs. VICI owns the real estate improvements related with the Caruthersville project, which are included in the Company’s triple-net master leasing agreement with its subsidiaries.
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Arkansas Casino Referendum Campaign Spending Tops $30 Million“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.” Erwin Haitzmann and Peter Hoetzinger, Century Casinos’ co-chief executives, commented. “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.”
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