Lake Ozark is set to potentially host two distinct casino initiatives as city officials and developers make strides in broadening the area’s gaming and entertainment scene. At a recent assembly, the Lake Ozark Board of Aldermen approved two casino-related ventures — one by the Osage Nation and another by a private investor group. A large audience of residents attended to get updates on the city’s plans.
City Attorney Christopher Rohrer expressed his support following the unanimous decision on the casino measures, saying, “We would certainly welcome both developments and wish them both well.”
The initial set of approvals enables the Osage Nation to proceed with its long-envisioned entertainment district, which will feature a hotel, casino, and event spaces at Bagnell Dam Boulevard and Osage Beach Parkway. As per the agreements, the Osage Nation will contribute 2.5% of adjusted gross gaming income and a 1% resort fee on hotel stays. The tribe also agreed to pay standard city fees for water and sewer, provide $100,000 yearly for police services, and fund a new turn lane on Bagnell Dam Boulevard.
Osage Nation CEO Kimberly Pearson confirmed their commitment to the partnership during the meeting.
Mayor David Ridgely described the project as a pivotal development for Lake Ozark, noting the collaboration with the Osage Nation as a significant milestone.
The Osage Nation, after acquiring 27 acres for this project in 2021 and receiving federal approval under the U.S. Indian Gaming Regulatory Act, plans to build a casino, hotel, meeting spaces, and an event center. They are also considering a nearby Osage Nation Welcome Center.
Meanwhile, a separate casino proposal is being revived by private investors under the name Lake of the Ozarks Community Gaming (LOCG). The group had previously failed to pass Amendment 5 in 2024, which aimed to permit casino gaming on the Osage River.
Investor Andy Prewitt confirmed the group’s reassembly for another attempt, stating they have secured support from Miller County and are scheduled for the Lake Ozark City Council meeting on November 12.
LOCG aims to collect signatures for a new constitutional amendment by the end of November to qualify for the 2026 ballot, with an extended 45-day period for signature collection this time.
Group member Tim Hand emphasized the need for persistence, pointing out that major initiatives often require multiple attempts.
The new initiative proposes allowing a state-licensed casino on the Osage River, with state tax revenues dedicated to early childhood education.
The 2024 casino proposal was narrowly defeated, with 47.5% support from Missourians. While support was highest in Kansas City and St. Louis, it faced opposition in the primary Lake area counties, with the strongest opposition from Miller County.
Despite the past setback, LOCG remains hopeful, with the city’s recent resolution signaling an early step towards reintroducing the measure in 2026.
Prewitt highlighted the improved timeline for signature collection in this renewed effort, contrasting it with previous delays that hampered their campaign.
The reinvigorated push aligns with the Osage Nation’s casino plans, potentially paving the way for two major gaming venues in the region.
- SCCG Management. The Gambling Industry’s Global Connector. Access Here.
- Source: SCCGManagement.com
