Mo. casinos want to toss loss limit

Mo. casinos want to toss loss limit

There are 1 comment on the The Wichita Eagle story from Dec 25, 2007, titled Mo. casinos want to toss loss limit. In it, The Wichita Eagle reports that:

“At the same time, it allows casinos to compete more fairly with casinos in other states.”

Missouri voters might get to decide whether to lift the state's casino loss limit under an initiative filed by a coalition of gambling companies.

The proposal, filed with the secretary of state's office in Jefferson City late last week, also calls for freezing the number of casino licenses issued by the state at 13 and bumping the gaming tax on gross casino revenue to 21 percent from its current 20 percent.

The coalition, which calls itself 'Yes for Schools' and includes Ameristar Casinos Inc. and Pinnacle Entertainment Inc., will push its plan by arguing that it could boost casinos' annual tax contributions to Missouri education funds by $100 million. Read more

Join the discussion below, or Read more at The Wichita Eagle.

Billy Shears

Edwardsville, IL

#1 Jan 20, 2008
A very good idea, instead of Illinois getting 99% of the so called "High Rollovers" $ and with the recent downtown opening of Lumiere Place St. Louis now has the opportunity to cash in on the ever growing casino industry, plus with the limit gone and the extra tax dollars coming in there is no telling how much this could help the local and state economy, more tax dollars equal more jobs and better pay and a quality education for all Missouri residents.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Ameristar Casinos Discussions

Title Updated Last By Comments
News Law Office of Brodsky & Smith, LLC Announces In... (Jan '13) Jan '13 Kosal Da 2
News Casino-Funded Petition Seeks Vote on Compromise... (Aug '12) Aug '12 generalsn1234567 1
News Working for You: Today's Jobs (Dec '09) Dec '09 john 1
$100 USD Giveaway (May '09) May '09 Celest 1
News Las Vegas-based Ameristar Casinos reports $100 ... (Feb '09) Feb '09 Seven Ft 1
News City Council hears testimony on possible revisi... (Sep '08) Sep '08 generalsn1234567 1
News Ameristar Casino is opening its doors to a Vega... (Jan '08) May '08 michelle 2
More from around the web