Mo. Casino Revenue Declining
JEFFERSON CITY, Mo. (KMOX)- A recent decline in Missouri’s casino revenues is raising questions among lawmakers about the extent to which the state can continue to rely on gambling revenue.
Attendance at Missouri’s 13 casinos is down almost 9 percent from last year.
A portion of the casino entry fee is used to pay for the operations of the Missouri Veterans Commission, which oversees seven nursing homes for veterans. A separate state tax on casino revenues helps fund public schools.
The House has already approved an additional $22 million for public schools to make up for the gambling losses.