Missouri voters approve new gambling regulations


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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.	FEBRUARY PROMOTIONS NEVER-ENDING 200% BONUS Coupon NEVERENDING200 Redeem Unlimitied Times $50 Free Chip Coupon PALACE50 Free Instant Play! 300% SLOTS BONUS Up to $3000 on 1st deposit. $5000 Blackjack Bonus 100% Bonus up to $500 on your 1st TEN deposits. Free Instant Play! 300% SLOTS BONUS Up to $3000 on 1st deposit. Daily Slots Bonus to 350% Daily Table Bonus to 250% Free Instant Play!

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Missouri voters approve new gambling regulations. Thank you for visiting our page: Missouri voters approve new gambling regulations.