Newspaper article St Louis Post-Dispatch (MO)

Argosy Alton Closes Part of Casino on Weekdays

Newspaper article St Louis Post-Dispatch (MO)

Argosy Alton Closes Part of Casino on Weekdays

Article excerpt

Argosy Alton, the St. Louis area's smallest casino, got smaller in March when its owner began closing one of its three gambling decks four days a week.

The partial closure, which will last indefinitely, is another sign the area's gambling industry, like most regional markets, is experiencing a business slowdown.

Jennifer Miglionico, spokeswoman for Argosy Alton, said Thursday the four-day-a-week closure of the casino's third deck in early March was "a business decision." The casino remains fully open on Fridays, Saturdays and Sundays. Employees' work schedules have been adjusted to fit the casino's reduced operation, Miglionico said.

Argosy Alton revenue fell 16.2 percent last month, to $5.5 million, compared with March 2013.

Overall gambling revenue in the St. Louis area dropped 7.6 percent, to $92.7 million, according to figures released Thursday by state regulators.

Penn National Gaming owns Argosy Alton and Hollywood Casino, in Maryland Heights. Hollywood's March revenue also fell, down 10. …

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