[MO] Kansas City Business Journal – Missouri’s loss-limit measure makes November election (08/06/08)

August 6th, 2008

excerpt:

Missouri voters will take up the state’s unique loss limits in the November election.

The initiative petition to put the measure on the ballot has been certified, Secretary of State Robin Carnahan said in a Tuesday release.

For years, Missouri casinos have urged the General Assembly to repeal loss limits, which prevent gamblers from buying more than $500 of chips or tokens in a two-hour period. With progress toward the first state-owned, privately managed destination casino in Wyandotte County, Missouri casinos are betting on voters to buy into the so-called Yes for Schools First campaign. A group financed by casino operators on May 2 handed in more than 160,000 voter signatures supporting its initiative.

The measure would permanently erase loss limits, restrict the number of casinos in the state to those already built or under construction and require only proof of age to enter a casino.

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Missouri’s loss-limit measure makes November election

Author Contact Info: Kansas City Business Journal

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