Casino Queen | |
---|---|
Location | East St. Louis, Illinois |
Address | 2000 S Front St |
Opening date | June 23, 1993 |
Total gaming space | 38,000 sq ft (3,500 m2) |
Casino type | Riverboat |
Owner | Gaming and Leisure Properties |
Operating license holder | Employee-owned management company |
Coordinates | 38°37′33″N90°10′34″W / 38.62583°N 90.17611°W |
Website | CasinoQueen.com |
The Casino Queen is a riverboat casino located near the Mississippi River in East St. Louis, Illinois, just across the river from downtown St. Louis. It is owned by Gaming and Leisure Properties and operated by an employee-owned management company.
The Internet's largest casino directory and gaming supersite. Casino maps, news, reviews, driving directions and much more. Trusted by players and industry professionals for over 10 years. Where is Casino Queen Hotel located? Casino Queen Hotel is located at 200 South Front Street, 1.3 miles from the center of East Saint Louis. Malcolm W Martin Memorial Park is the closest landmark to Casino Queen.
Illinois enacted a riverboat casino law in 1990 authorizing licenses for ten casinos to open around the state.[1] One of the licenses was guaranteed to East St. Louis, in an effort to help the financially troubled city.[2][3] The group that would ultimately open the Casino Queen, led by real estate developer Bill Koman, submitted its proposal to the Illinois Gaming Board in January 1992.[4] With no other proposals before the board, Koman's group was awarded the license in May 1992.[5]
The Casino Queen opened on June 23, 1993.[6] It was viewed positively by most city officials and residents, as the struggling city desperately needed both a revenue source and employment opportunities for its residents.[7] Casino Queen originally operated on a boat called the White Star One.
Construction of a hotel began in 1998.[8] The 157-room hotel, built at a cost of $15 million, opened in January 2000.[9]
Changed regulations led to the casino to be moved inland, but still built above a shallow pit of water, in 2007. The move also allowed the casino to add 10,000 additional square feet of gaming space. In 2014, the White Star One was auctioned off and sold for $600,000.[10] Casino Queen has generated over $160 million for the city of East St. Louis between 1993 and 2009.[11]
In 2012, Koman and his partners sold the Casino Queen for $170 million to a newly formed Employee Stock Ownership Plan (ESOP), which would steer the casino's profits into the retirement accounts of participating employees.[12] In 2014, to pay down debt taken on to finance the purchase, the ESOP sold the real estate of the Casino Queen to Gaming and Leisure Properties for $140 million, leasing it back for $14 million per year.[13][14]
In 2020, the casino struck a deal with sports betting provider DraftKings to rebrand the property as DraftKings at Casino Queen.[15] As part of the rebranding, Sevens sports bar will be gutted and re-built as a full sportsbook, and the casino will be integrated into DraftKings' mobile betting app.[15]
The casino includes both 1,100 slots and 34 table games in its 38,000 square feet of gaming space.[16] Per Illinois law and unlike neighboring Missouri casinos, it is not open 24 hours a day.[17]
Dining options include: the Market Street Buffet, Prime Steakhouse, Sevens, and Deli & Chips.
Both a hotel and an RV Park are located on the Casino Queen property.
Illinois is in the process of changing the laws surrounding gambling in the state, both on and offline.
While online casinos are still deemed illegal in the state, online sportsbooks have just started operating on mobile and desktop devices. If online sports betting does well for the state'seconomy, there is huge potential to expand online gambling in IL.
There are different ways you can gamble in the state offline, including racetracks and river casino boats.
The new bill that was introduced in 2019 permitted land-based casinos to start operating in specific areas in IL, however, none have been able to open their doors just yet. This is due to thedelay caused by the Illinois Gaming Board who has yet to give a response to the riverboats that have applied for the license.
The vetting process has now taken a year, with the IGB expected to make a decision in the next few weeks. There are currently nine casino applicants.
Read more about the gambling laws in IL, the current status of land-based casinos, and when you can expect to be playing at an IL online casino, in our guide below.
Although Illinois has a long tradition with some great riverboat casinos and a long history with gambling, it has not legalized online casinos just yet. There have been discussions oflegalizing online casinos, but it has not yet been approved by the senate.
A bill that was introduced in 2019 did legalize online sports betting and saw FanDuel, DraftKings, and BetRivers launch online sportsbooks in the state. It also allowed riverboat casinosto start applying for licenses to operate on land. But we'll get into that later.
For now, if you want to play at an online casino, you'll need to take a trip up to nearby Michigan.
But, you can still register with a legal online casino while you're in Illinois. That means you can get the casino's bonus offers or deposit, and then play whenever you're in stateswhere it's legal.
Unlike Mississippi casinos, not all of the casinos in Illinois are open 24 hours, and Illinois casino laws limit the number of gaming licenses to 10. Up until2019, all casinos in IL had to operate as a riverboat casino.
Now, riverboat casinos are in the process of purchasing licenses to be able to operate on land.
There are five casinos in Illinois near Chicago, two casinos towards the center of the state, and three casinos in southern Illinois.
See our Chicago casinos section for more details on the five properties, as well as details on some casinos in Indiana that are within a short drive of Chicago.
All casinos in Illinois are non-smoking and, unless otherwise noted, all offer slots, video poker, blackjack, craps, roulette, and three-card poker.
Some Illinois casinos also offer: let it ride, baccarat, mini-baccarat, poker, Ultimate Texas hold 'em, Caribbean stud poker, Mississippi stud, pai gow poker, and four card poker.
The payback percentages on electronic gaming machines at all Illinois casinos are released as a matter of public record. Just click here to see a list of slot machine payback statistics for all Illinois casinos.
There are two types of casino in IL; riverboats and pari-mutuel. While riverboat casinos are in the middle of a lengthy process trying to obtain a license to operate as a land-basedcasino, pari-mutuel betting has started to fade into the background.
There have been proposals on bringing slot games into the racetracks, however, have continuously been turned down.
All of the casinos in Illinois are riverboat casinos. Illinois was the second state to legalize riverboat gambling and the boats began operating in September 1991 with the launching of thefirst boat: the Alton Belle.
Seven of the riverboat casinos in Illinois are either on boats or on docked barges. These Illinois casinos remain dockside and do not cruise. The other three casinos: Rivers in DesPlaines, Jumer's in Rock Island, and the Casino Queen in East. St. Louis, are all land-based casinos.
Interestingly, however, they all qualify as being riverboat casinos because they are all built over a shallow pit filled with a few inches of water.
Horse racing has been extremely popular in IL, especially in the 1930s to 80s. Unfortunately, the industry doesn't have nearly as close to as big of a turnout at the tracks today.
Still, there are three major horse tracks in Illinois:
All three tracks offer thoroughbred racing and stream every race to viewers across the United States.
Dog racing is illegal in the state of Illinois.