• FBMedia617
• October 26, 2026

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At Riverside, framework off a larger, land-dependent innovation try below means within the 1995, on the very first phase of opportunity completed in January 1996 whenever Argosy unsealed a keen 85,000-square-feet activity pavilion. It was time to have Argosy professionals to entrench the presence during the each of their segments. The business is the initial user to establish riverboat gaming within the all of its areas, however,, because befitted a burgeoning industry specific niche, competition followed romantic trailing. Situated in the downtown area Sioux Town on the Missouri River, the fresh Argosy V try smaller than the almost every other vessels functioning in Argosy banner, who has several,500 sqft of betting area, 399 slots, and you can twenty eight table games. A month later, inside the October, the new Argosy V was launched since the Argosy’s 4th riverboat local casino, good about three-peak, 220-foot-much time, stern-wheel riverboat. Debuting during the Sep 1994, the 3-peak Argosy III measured 268 ft long, contained 28,000 sqft away from gaming space, and you will is clothed with 774 slots and you can 43 gaming dining tables, all created in a keen antebellum motif.

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It has got over 800 slot machines, desk online game (for example Black-jack, Craps, Roulette, 21+twenty three, Best Texas hold em, and you will Three card Web based poker), and a great Sportsbook. The firm through the governmental connections of its chairman William F. Cellini received the first playing permit for the Illinois in our contemporary world. Great gambling establishment and not having dated timers.

And, past day we ran had a good bird inside their only restaurant, dont highly recommend this place. While the per design features its own format nuances you to definitely evolve more than time and not all information is available for all of the site entryway or blog post, Encyclopedia do not guarantee each ticket it will make. Since the organizations management examined the fresh new stability of these projects, it anticipated the conclusion of Argosy VI, the following, and largest, member of the brand new Argosy fleet. Probably the most committed of those plans expected the construction regarding hotels next to the organization’s casinos inside Riverside, Baton Rouge, and you may Lawrenceburg. Themed that have Mediterranean seaport design, the fresh new pavilion located food place, appointment and you can meal rooms, and you can activity institution, function the fresh new stage on the next stage of your own endeavor, that has been expected to were an excellent 150-space hotel.

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The fresh new Argosy III, on the Mississippi Lake inside downtown Baton Rouge, is actually the second riverboat casino to open up. With more thirty five,000 sqft out of playing area, the fresh new Argosy IV situated almost one,000 slots and sixty table games and might bring 1,600 people. In the Summer 1994, Argosy officials revealed they certainly were losing demand for creating a casino close downtown St. Louis, pointing out reduced earnings possible as one of the factors these were distancing on their own regarding the enterprise. Into the that it avoid, Argosy managers have been very successful, getting the initial riverboat betting providers in just about any field they registered for the very first 1 / 2 of the latest ten years. By beginning more floating casinos Argosy professionals you certainly will lessen the organization’s importance of one to marketplace for their revenues and you will safer share of the market for the a burgeoning community niche which was nevertheless mainly unexploited. Instead, the new weeks during the Alton after the initially public giving was in fact incredibly active, since the Argosy’s corporate strategy was created and you may certain agreements was in fact placed aside for the ensuing several years.