Show Me Gaming

The New Year-2009

Happy New Year from Show Me Gaming. The editorial staff wishes each and every one of you a healthy and prosperous New Year. Amongst the ongoing resolutions of the editorial staff, the "table push-away"plan still ranks among the top. Ceasing swearing, and eliminating road rage issues fall into second and third place respectively. The editorial staff suffers from a laundry list of unsavory personal traits...and 2009 is the year of change. Speaking of resolutions and change...take a look at Gaming Today's list of casino best bets for 2009. Read it here in Gamingtoday.com

Powerball

Powerball odds are changing. Rick Alm writes about it in the Kansas City Star. The already long odds are getting longer. Read about it here.

Counterfeit Scam at Argosy

KSHB TV ran the story written by Rick Alm. Read it here.

Happy Holidays

The editorial staff of Show Me Gaming is taking some time off. Rumors of a rehabilitation stay are unfounded. Seriously, a brief holiday vacation is in order. Back on 12/29/08. Just in time to create a laundry list of New Year resolutions.

Fitch Ratings Report

Fitch: Gaming industry likely will recover in 2010

By Amanda Finnegan

from the Las Vegas Sun

See the Fitch Ratings report

•   The U.S. gaming industry will remain under significant pressure in 2009 and will likely recover in 2010, according Fitch Ratings, a global credit ratings agency.

In a Tuesday report, Fitch said the gaming industry this year experienced a greater effect from difficult financial conditions for consumers than many investors had expected.

Fitch expects overall consumer spending to drop by 1.6 percent in 2009 and remain soft until 2010.

With the recent decline in gas prices and reductions in airline capacity and international demand, the report says regional and local markets will fare better than destination markets, such as Las Vegas and the Strip.

The report indicates the gaming industry will be “more economically sensitive than in previous downturns, which clearly was exhibited in the past year.”

Gambling Filling the Gaps

A story in the Las Vegas reviewjournal.com points to the facts that some states are relying on gambling to fill in budgetary gaps. Read about it here. Missouri is mentioned.

Missouri West Side Riverboat Casinos

Rick Alm of the Kansas City Star has a comprehensive story on the numbers this month. He also writes about the health of the lottery. Read it here.

Missouri Riverboat Casinos Holding Their Own

Missouri Riverboat gaming Casinos are holding their own during this economic downturn. Read the story here from St.Joenews.net

Financial Reports

The Missouri Gaming Commission posts revenue numbers each month on the tenth. If the tenth falls on the weekend then the numbers are posted the following business day. Both the St.Louis Business Journal and the Kansas City Business Journal have reported the news.

Back to the Drawing Board?

State run gambling in Kansas is not working out. Rick Alm has the story in the Kansas City Star.