Gamblers Could get Loans for Chips at Casinos
Get Breaking News First
JEFFERSON CITY, MO. (KMOX) - Gambling Casinos in Missouri would be allowed to enter into loan agreements with customers in exchange for tokens and chips.
Thats a proposal now in house committee. Lobbyist for Ameristar, Troy Stremming, says customers want convenience and Missouri’s gaming industry needs to stay competitive.
“It is a loss of tourism, a loss of revenue to the industry and also tax revenue to the state” said Stremming.
The organization Stop Predatory Gambling opposes the loan idea. “It is a cut throat predatory business. their bottom line is the losers give them their profit.” said Tom Grey, Senior Advisor for Stop Predatory Gambling. He fears more gamblers going into debt.