Lumière Place

Lumière Place is a casino hotel in St. Louis, Missouri. It is owned by Gaming and Leisure Properties and operated by Caesars Entertainment.

Lumière Place
Location St. Louis, Missouri
Address 999 N. 2nd St.
Opening dateDecember 19, 2007
No. of rooms500
Total gaming space75,000 sq ft (7,000 m2)
Casino typeLand-based
OwnerGaming and Leisure Properties
Operating license holderCaesars Entertainment
ArchitectMarnell Corrao Associates
Coordinates38°38′01″N 90°11′06″W
Websitelumiereplace.com

History

Located in downtown St. Louis, Lumière Place opened on December 19, 2007.[1] The resort overlooks the Mississippi River and sits less than one mile (1.6 km) from the Gateway Arch and is within walking distance of the Dome at the Americas center and Busch Stadium.[2] Lumière Place houses two hotels, HoteLumière and the only Missouri hotel to receive the AAA Five Diamond Award, Four Seasons St. Louis.[3]

Lumière Place won the Readers' Choice award for "Best Casino" in the 2013 Riverfront Times Best of St. Louis awards.[4]

In March 2014, Lumière Place hosted a World Series of Poker Circuit tournament.

In April 2014, Tropicana Entertainment acquired the Lumière Place complex from Pinnacle Entertainment for $260 million.[5]

In April 2018, Tropicana struck an agreement to sell its real estate assets, including Lumière Place, to Gaming and Leisure Properties (GLP), while Eldorado Resorts (now Caesars Entertainment) would buy Tropicana's operating business and lease its properties from GLP.[6] The deal provoked anti-competition concerns because it would leave GLP as the owner of all six casinos in the St. Louis area (though without operational control of any of them).[7] The Missouri Gaming Commission rejected the sale because of these concerns, and the deal was modified such that Eldorado would acquire the Lumière Place real estate for $246 million, financed by a loan from GLP.[8][9] The sale was completed in October 2018.[9]

Two years later, the Commission reversed its decision and authorized GLP to own Lumière Place.[10] GLP took ownership of the property in October 2020 in satisfaction of the loan, and leased it back to Caesars for $23 million per year.[11]

Facility

The 75,000-square-foot (7,000 m2) Lumière Place casino floor features approximately 1,450 slots, 55 tables and a 10-table poker room.

HoteLumière has 294 all-suite guest rooms and the 19-story Four Seasons Hotel St. Louis has 200 rooms, including 14 suites.[12]

The property also features the 453-seat Lumière Theatre for live entertainment. Since its debut in 2008, Lumière Theatre has played host to The Go-Go's, Joan Rivers, Thunder from Down Under, Louie Anderson, John Witherspoon, Chippendales, Brandy, Eddie Money, Chrisette Michele, WBF Championship Boxing, mixed martial arts fights[13] and even the taping of an episode of TLC’s Cake Boss where Buddy Valastro unveiled a 700-pound (320 kg) cake featuring Lumière Place and other St. Louis landmarks.[14]

The resort was designed by Marnell Corrao Associates,[15] the Las Vegas-based architectural firm that also built the Bellagio for 508 million.[16] To satisfy state law that only allows for gambling on floating platform within a 1000 foot distance of the Missouri and Mississippi river, the casino floor is actually an eight-foot-thick concrete raft afloat in a basin holding more than 1.5 million gallons of purified water.[17] The architectural design used advanced construction techniques employing continuous concrete pour to achieve a water tight basin on which a "barge" is floated. Visitors to the facility have no indication that the casino floor is technically floating.

References

  1. Lumière Place Casino Opens in Downtown St. Louis
  2. Lumière Place St. Louis
  3. Four Seasons Hotels and Resorts.
  4. Best Casino-2010
  5. "Tropicana Entertainment Inc. announces completed purchase of Lumiere Place Casino & hotels in St. Louis, Missouri" (Press release). Tropicana Entertainment. April 1, 2014. Retrieved 2015-02-10 via PR Newswire.
  6. "Eldorado Resorts, owner of 4 Missouri casinos, buys Lumière Place in St. Louis as Carl Icahn cashes out". St. Louis Post-Dispatch. April 16, 2018. Retrieved 2018-10-14.
  7. Brian Feldt (April 22, 2018). "After Tropicana deal, one real estate firm could own every St. Louis area casino". St. Louis Post-Dispatch. Retrieved 2018-10-14.
  8. "Commission Resolution No. 18-049" (PDF). Missouri Gaming Commission. September 26, 2018. Retrieved 2018-10-14.
  9. "Eldorado Resorts completes Tropicana Entertainment acquisition" (Press release). Eldorado Resorts. October 1, 2018. Retrieved 2018-10-14.
  10. Jacob Barker (June 24, 2020). "In reversal, Missouri Gaming Commission allows one landlord for area casinos". St. Louis Post-Dispatch. Retrieved 2020-10-29.
  11. Form 10-Q: Quarterly Report (Report). Gaming & Leisure Properties. October 28, 2020. p. 20 via EDGAR.
  12. Lumière Place Hotels Archived 2010-09-04 at the Wayback Machine
  13. Lumière Theatre Archived 2010-04-20 at the Wayback Machine
  14. Dishing it Out Archived 2010-05-13 at the Wayback Machine
  15. "MA Engineering__ Lumiere Place". maengineering.com. Retrieved 2018-10-06.
  16. Marnell Carrao Associates Archived 2010-06-12 at the Wayback Machine
  17. "Lumiere Place Casino - Hunter Douglas Architectural". www.hunterdouglasarchitectural.com. Retrieved 2018-10-06.


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