Missouri Casino Gambling
There are twelve casinos in Missouri and are only located on the Mississippi and Missouri rivers on stationary boats. Missouri has an Isle of Capri casino boat like most other states with gambling going along on the Mississippi river. There are a few unique laws given to Missouri casinos, one being that the riverboat casinos have the option of completely barring minors from even entering the casinos. While it appears that few keep out the minors it is a misdemeanor to let anyone under the age of twenty one make a wager (this does not include bingo). Also due to a statute from before casinos were legalized a parent, guardian, or conservator of a minor can sue to reclaim or recover money that is lost while gambling. The riverboat gambling was introduced to the Missouri General Assembly in 1991, and by November, 1992 the voters of Missouri approved it with a 63 percent majority.
The Missouri lottery began in 1986 and initially the money from the sales of tickets went to the Missouri General Revenue Fund. However, in 1992 amendment eleven was passed stating that all proceeds made from the state lottery must go to the public education system. The way the money is split is that from every dollar 27.1 cents goes to the public school system, 63 cents is returned to the public in prize money, 6.1 cents is commissions given to retailers, and 3.8 cents is for administrative costs. In the 2007 fiscal year more than $253 million dollars was allocated to Missouri public education systems. The minimum age to buy tickets is 18, while gifts to minors from an adult are permitted. Missouri lottery retailers must be over the age of twenty one.
Bingo was legalized in 1980 and is the oldest of all the legal gambling games in Missouri. It was the very first type of legalized game of chance in Missouri since the Missouri Constitution was put into effect in 1865. It has been hugely popular since it conception especially since all the proceeds from the games go to charitable organizations. Such organizations are religious, fraternal, and veteran charities among others. Bingo in Missouri is fairly lenient with age as a 16 year old may participate or even play, and children under the age of 16 may be present during the game provided there is a parent of guardian accompanying them. The people working the games cannot receive in compensation for their involvement in the game.
Missouri Pari Mutuel
In 1984 pari mutuel racing and betting was approved with a majority vote of 60 percent, but only limited simulcasting, where people betting on the races do so at other tracks that are being shown a television. The law currently states that a track can offer simulcasting bets, but only for the same amount of days as the live races are held.
On June 2, 2008 the Missouri and Horse Racing Commission had its first meeting in over ten years. The topic was trying to bring horse racing back to being one of the focal points of gambling in Missouri, because proponents states that studies show the state ranks within the top seven demographically in regards to the popularity of horseracing and wagering. The meeting ended with the head of the commission appointing two committees, one of which will contact casino and casino companies to see what interest there is, and the second is will try to determine the possibilities and obstacles that present themselves in trying to get horse racing back at the Missouri State Fair.
Revenues on off track betting gets deducted as a fee or commission and is distributed every quarter in the following way; two percent goes directly to the state, half of one percent goes to the Missouri Elementary and Secondary School Fund, and the rest of the commission from wagers will be retained by the licensee except one to one and a half percent to help improve the horse racing industry of Missouri. Finally, one percent (but nothing below the one hundred thousand dollar mark) will be set aside for changing purses at live races maintained by the licensed individual.
Ameristar Casino and Hotel - St. Charles, Missouri
Argosy Casino Hotel & Spa - Riverside, Missouri
Casino Aztar - Caruthersville, Missouri
Isle of Capri Casino and Hotel - Boonville, Missouri
Ameristar Casino and Hotel - Kansas City, Missouri
Harrah's North Kansas City - North Kansas City, Missouri
Isle of Capri Casino - Kansas City, Missouri
Harrah's St. Louis - Maryland Heights, Missouri
President Casino - St. Louis, Missouri
Terrible's St. Jo Frontier Casino - St. Joseph, Missouri
Terrible's Mark Twain Casino - La Grange, Missouri