Several state lawmakers who are working on raising much-needed dollars have been talking about increasing taxes on casinos. Casino operators have made it clear they would prefer to see their taxes remain at current levels. But Kevin Mullally, the Executive Director of the State Gaming Commission, says the casinos probably would accept a slight tax hike if they received something else from the state – elimination of the loss limits. As things stand now, there is a $500 loss limit, per gambler, per two-hour period spent on one of casino boats. There is no such limit in Illinois, and St. Louis casino operators say this hurts their profits.
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