So back when this law was in effect you could only loss up to $6000 per day before the Casino cut you off. Do you think this cutoff limit was an unnecessary burden on the Casinos business and an encroachment on the civil rights of gamblers or do you think this was a necessary act to mitigate the harmful societal effects of gambling?Missouri’s $500 casino loss limit is costing the state as much as $100 million per year and making its casinos less competitive than those in bordering states, the Missouri Gaming Commission said in its annual report to the General Assembly.
That’s why the commission, for the tenth consecutive year, is recommending the legislature review the impact of the loss limit and consider repealing it. Supporters of repeal say the loss limit is causing casinos and the state to lose money but does nothing to curb problem gambling. Opponents, however, argue that lifting the loss limit would cause a multitude of problems, such as increased organized crime and money laundering, suicide, bankruptcies and broken homes for those addicted to gambling.
The loss limit is unique to Missouri. It involves a computer system that tracks gamblers’ movements and caps their losses at $500 per two-hour boat excursion.
I'm pretty torn really. I don't gamble and pretty much despise it so I do have a bias against the casinos but at the same time I believe the government should stay out of people's private lives.