JEFFERSON CITY, MO - There would be no new casinos, more taxes on existing ones and a repeal on the limit gamblers can lose under legislation being considered by a Senate panel.
The measure, sponsored by Republican Scott Rupp, would prevent casinos where one isn't already operating or under construction. It would add a one percent tax on revenues above $40 million, bringing in an estimated $100 million annually.
The legislation also would repeal a Missouri law that limits to $500 how much a gambler can lose in a 2-hour period.
Supporters say Missouri casinos could be at a disadvantage from new casinos in Kansas.
But critics say lawmakers made a promise that there would be loss limits when voters were asked more than a decade ago to allow gambling.