Century Casinos has embarked on an exciting new chapter with the groundbreaking of its anticipated land-based development at Century Casino Caruthersville in Missouri. This innovative project marks a pivotal moment for the company as it prepares to transition its riverboat casino to a contemporary and dynamic onshore destination. The casino and hotel endeavor, with an estimated cost of $51.9 million, is poised to redefine gaming and hospitality experiences in the region. Set to open in late 2024, pending final approvals, the development promises an array of offerings that cater to both gaming enthusiasts and those seeking premium accommodations.
A Futuristic Vision Unfolds:
The visionary project is set to transform the Century Casino Caruthersville into a modern gaming and hospitality haven. Envisioned as a comprehensive entertainment destination, the venue will feature an impressive lineup of amenities, including a versatile casino floor. Anchored by 650 slot machines and the potential to expand with 140 more, the casino floor will pulse with excitement. In addition to the gaming offerings, patrons can look forward to a delightful deli and a stylish bar that add culinary and social dimensions to the experience.
Enhanced Hospitality: Mississippi Views and a Towering Hotel
At the heart of the new development lies a 38-room hotel tower, strategically positioned between the existing pavilion and the forthcoming casino. With sweeping views of the iconic Mississippi River and the charming Caruthersville city, the hotel promises a serene escape for guests seeking a touch of luxury. This addition solidifies the venue’s commitment to offering a holistic experience that blends gaming thrills with premium accommodations and breathtaking vistas.
Relocation and Expansion:
Century Casinos is diligently relocating the casino floor from its riverboat and barge to a temporary location within the pavilion. This strategic move is expected to be completed before the close of 2022, ensuring a seamless transition for patrons. The relocation underscores the company’s dedication to innovation and adaptability as it readies itself for the grand unveiling of the land-based development.
Expansion Beyond Missouri:
The company’s growth endeavors extend beyond Missouri’s borders. Century Casinos recently acquired Farmstead, a 36-room hotel near the existing pavilion. The investment in Farmstead, valued at approximately $3.7 million, represents a commitment to enhancing the overall guest experience and underscores the company’s proactive approach to hospitality.
Looking ahead, Century Casinos is set to make a significant acquisition in Maryland, with a definitive agreement to acquire the operations of Rocky Gap Casino Resort. This move, accompanied by a cash payment of $56 million and real estate asset acquisition by VICI Properties for approximately $204 million, signifies the company’s strategic expansion and further strengthens its industry presence.
Century Casinos’ groundbreaking of the visionary casino and hotel project in Missouri heralds an exciting era of innovation and growth for the company. The venture represents a harmonious fusion of cutting-edge gaming, upscale hospitality, and breathtaking views, all poised to captivate both local and visiting patrons. As the development progresses towards its grand opening in late 2024, Century Casinos’ commitment to delivering exceptional experiences and redefining entertainment remains resolute, solidifying its position as a trailblazer in the gaming and hospitality landscape.