Local Missouri developers team up in bid for a commercial casino at Lake of the Ozarks

Saturday, November 15, 2025 11:58 AM
Image aggregated from Lake Expo.
  • Nathan Bechtold, Lake Expo

Two of Lake of the Ozarks’ most well-known developers are teaming up in an attempt to bring a casino and hotel to Lake Ozark.

This week, the group of investors seeking to develop a casino on Highway 54 near the Osage River — formerly known as Osage River Gaming & Conventions but now reformed as Lake of the Ozarks Community Gaming — revealed that developer Jeff Tegethoff has joined the group as an investor and primary developer.

In a presentation to the Lake Ozark Board of Aldermen on the afternoon of Nov. 12, the group touted Tegethoff’s track-record, which includes developing over $1.4 billion of commercial real estate since 2017.