Welcome to Missouri voters approve new gambling regulations
Missouri voters approve new gambling regulations
Welcome to Missouri voters approve new gambling regulations Missouri
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Missouri voters approve new gambling regulations

November 5, 2008

JEFFERSON CITY, MISSOURI – Missouri voters passed new gambling regulations Tuesday that lifted the states loss limits law, raised casino taxes, and limited the total number of licensed casino. The margin was 56 to 44 percent.

LOSS LIMIT
Missouri had a $500 limit for losses over any two-hour period on its riverboat casinos. The intent was to protect unlucky gamblers from harmful losses, but the unintended consequence was the loss of gamblers to casinos in surrounding states. Increased competition is coming from Kansas and Oklahoma, so voters removed to loss limit law to retain state revenues.

TAXES
Taxes on casinos were raised from 20 percent to 21 percent.

MAXIMUM CASINOS
A maximum of 13 casinos is now the law which is the current number of existing casinos already licensed in the state. This number includes the St. Louis casino under construction.

Return to Missouri Casinos.

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Online Gambling: There are hundreds of jurisdictions in the world with Internet access and hundreds of games and gambling opportunities available on the Internet. Check your local laws and regulations prior to gambling. It is your responsibility to determine if it is legal for you to play any particular games or place any particular wager. In the United State there are 13 states with laws regarding internet gambling: Illinois, Indiana, Kentucky, Louisiana, Michigan, Nevada, New Jersey, New York, Oregon, South Dakota, Washington, Wisconsin, and Utah.