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Repeal of casino loss limits advances Measure gains support in Missouri Senate after Kansas legalizes casinos.

Publication: St Louis Post-Dispatch (MO)
Publication Date: 25-APR-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Repeal of casino loss limits advances Measure gains support in Missouri Senate after Kansas legalizes casinos.(Metro)

Article Excerpt
Byline: Virginia Young POST-DISPATCH JEFFERSON CITY BUREAU CHIEF

JEFFERSON CITY -- The Missouri Senate narrowly gave initial approval late Tuesday to the casino industry's long-sought goal: eliminating the $500 loss limit.

Republican leaders said the matter was urgent because Kansas legalized casinos this month. Missouri's casinos on the western side of the state would be at a competitive disadvantage and could lose patrons, jobs and tax revenue, said the bill's sponsor, Senate Majority Leader Charlie Shields, R-St. Joseph.

"We need to preserve the industry in Missouri and preserve state revenue," he said.

The bill won preliminary approval on a bipartisan vote of 17-16; nine Republicans and eight...

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