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State Committee Wants to Lose the $500 Loss Limit

February 16, 1998
By: Tristin Yeager
State Capital Bureau

You could legally lose more than 500 dollars per visit while gambling if the Committee on Gaming and Wagering gets its way. Tristin Yeager reports from the state capitol. The committee recommended that a bill be introduced to drop the state's 500 dollar loss limit.

Senate Co-chair of the committee Ronnie DePasco said he voted to add the recommendation to the report but will not vote for the bill if it's introduced on the floor.

Actuality: depas1.wav
RunTime: :13.096
OutCue: "...going to have to be done."
Contents: DePasco says a 500 dollar loss limit bill will not get through the legislature this year but that in the future it will have to be done.

DePasco says he doubts anyone will enter a loss limits bill this session.


The State Committee on Gaming and Wagering says it wants to let you lose all the money you want. Tristin Yeager reports from the state capitol. The committee recommended that Missouri's 500 dollar loss limit be eliminated through legislation. The committee's Senate Co-chair, Ronnie DePasco, says the recommendation was an effort to prepare for the future. Actuality: depas2.wav
RunTime: :15.811
OutCue: "...with the Indians' gaming facilities."
Contents: DePasco says the goal is to make everyone aware that sooner or later the loss limit will have to be eliminated because of competition in Kansas, Illinois, Iowa and especially the Indians' gambling facilities.

DePasco voted for the recommendation, but says he will not vote for loss limit legislation.


A State committee's recommendation to eliminate the 500 dollar gambling loss limit is getting some negative reaction. Tristin Yeager reports from the state capitol. The State Committee on Gaming and Wagering said legislation should be passed to eliminate the loss limit.

Steve Taylor is the Executive Director of Casino Watch, an anti-gambling group.

Actuality: taylor1.wav
RunTime: :14.552
OutCue: "...don't want to live by the rules."
Contents:
Taylor says the committee's recommendation is one more attempt to break promises made to Missouri voters.