Lose More $ In Mo.

A ballot measure that would repeal a unique Missouri law that says gamblers can lose no more than $500 for every two hours in a casino has raised almost $9 million in the last quarter – with $5.8 million from Pinnacle Entertainment and $3.2 million from Ameristar.

Pinnacle has a casino in St. Louis and Ameristar has casinos in Kansas City and St. Charles.

The casino measure also caps the number of new casino licenses and increases taxes on existing facilities for education funding.