President Casino Laclede's Landing
President Casino Laclede's Landing in 2007.
Location St. Louis, Missouri
Address 1000 N Leonor K Sullivan Blvd
Opening date1994 (1994)
Closing dateJune 24, 2010 (2010-06-24)
Total gaming space70,000 sq ft (6,500 m2)
Casino typeRiverboat
OwnerPinnacle Entertainment
Coordinates38°37′59″N 90°10′54″W / 38.63306°N 90.18167°W / 38.63306; -90.18167

President Casino Laclede's Landing was a stationary riverboat casino in Saint Louis, Missouri owned by Pinnacle Entertainment.

History

The President Casino opened in 1994 on the SS Admiral shortly after Missouri legalized riverboat casinos. When it opened, it included 100 table games and 150 video poker machines within its 70,000 square feet of gaming space, as early gaming regulations required games to be of skill.[1] It was owned by the now-defunct President Casinos which had other riverboat casinos in the mid-1990s. Isle of Capri Casinos attempted to buy the President Casino unsuccessfully,[2] but later, Pinnacle Entertainment bought the property for $46 million. The deal, completed on December 21, 2006, occurred at the same time Pinnacle was building its Lumière Place casino just adjacent to the President.[3]

The casino was part of Pinnacle's two-casino Lumiere Place complex at Laclede's Landing (although Pinnacle in 2008 was reported to be considering moving it north to the Chain of Rocks Bridge). The 73,500 sq ft (6,830 m2) casino featured 756 slots and twenty table games.

On June 24, 2010 the President Casino closed for good. Due to poor performance, the Missouri Gaming Commission had wanted to revoke its license, and eventually Pinnacle Entertainment decided to move on. It actually closed earlier than expected, due to flooding on the Mississippi River at the time.[4]

The boat itself, the former SS Admiral, was cut up and sold for scrap after no buyer came forward.[5]

References

  1. ↑ "Missouri Opens First Two Riverboat Casinos". Chicago Tribune. New York Times News Service. July 17, 1994. Retrieved March 4, 2020.
  2. ↑ Weber, Tom. "Isle of Capri Drops Plans to Buy President Casino". St. Louis Public Radio. Retrieved March 4, 2020.
  3. ↑ Taylor, Betsy (December 22, 2006). "Pinnacle buys St. Louis riverboat casino". Southeast Missourian. The Associated Press. Retrieved March 4, 2020.
  4. ↑ Logan, Tim (June 25, 2010). "Floodwaters close President Casino for good". St. Louis Post-Dispatch. Retrieved March 4, 2020.
  5. ↑ Patterson, Steve (June 1, 2012). "Remains of President Casino on Riverfront". Urban Review STL. Retrieved March 4, 2020.

38°37′56″N 90°10′50″W / 38.63226°N 90.18063°W / 38.63226; -90.18063

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.