Kansas group abandons casino plan
Missouri’s casinos clearly don’t like competition. They lobbied hard for voter passage of Proposition A, which caps the number of casino licenses in the state at 13. Now, casinos in western Missouri don’t have to worry about competition directly across the state line, either. Kansas once appeared to be on the way to licensing as many as seven casinos, including two in the Kansas City metro area, but most of those plans have fallen by the wayside. Last week, developers dropped plans for a Hard Rock Hotel and Casino at the Kansas Speedway. With that big-name competitor gone, the Missouri casinos have little to worry about on their western flank. The only remaining Kansas casino being developed is in Dodge City, in the state’s southwest corner.
(1 votes, average: 1 out of 5)
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David Nicklaus has covered St. Louis business for more than 25 years. His column appears three days a week on the Post-Dispatch business page. 
I am glad to see this news from Kansas. It is a good thing for the Missouri casinos. Without the stupid loss limits and without new competition, the Missouri casinos can hopefully bounce back. That will return more revenues to Missouri rather than having those revenues go to Kansas or Illinois. There is an economic slump now but if we can make our revenues from Missouri casinos rather than have that money go out of state where Missouri people receive no benefit, it is positive news especially in this economy.