Debate on legislation to repeal Missouri’s unique casino loss limit ended at 4 a.m. on March 28 with both supporters and opponents of legalized gambling unhappy with the bill.
Missouri limits casino gamblers to losing $500 every two hours. It is the only casino loss limit in the nation. SB 430 sponsored by Senate Majority Leader Charlie Shields, R-St. Joseph, calls for eliminating the limit in exchange for increasing taxes on casino operators and restricting the number of casinos that can operate in Missouri.
Anti-gambling lawmakers oppose lifting the loss limit while casino supporters oppose limiting the number of casinos in the state to 13. Shields said he won’t revive the bill again this year unless an acceptable compromise can be negotiated. Here's the bill: http://www.senate.mo.gov/07info/BTS_Web/Bill.aspx?SessionType=R&BillID=10736
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