Congratulations to Pinnacle Entertainment, owners of the Lumiere and President casinos in St. Louis, on the scheduled opening of a new casino in south St. Louis county. This is the aphoristic rising tide that lifts several boats.
Most importantly, the new casino in the county will employ hundreds of St. Louisans, including City residents, in a range of jobs ' a very welcome development in the current jobs market. The casino, located just outside the City’s southern border, will enhance development potential in the adjacent Carondelet neighborhood in the City. And it will mean an increase in the annual revenue that Pinnacle will pay the City of St. Louis ' another welcome outcome.