- Marble Hill fires entire sewer department (8/23/16)3
- Witness says he saw man shoot Domorlo McCaster (8/19/16)2
- Students move into new fraternity housing at Southeast Missouri State University (8/18/16)2
- Southeast imposes 'interim suspension' of Sigma Nu fraternity over vandalism incident (8/19/16)21
- Ex-Southeast student gets probation for placing homemade sex video on porn site without woman's knowledge (8/24/16)4
- The Chrome Queens (8/21/16)2
- Pitmasters to descend on Arena Park for Cape BBQ Fest (8/19/16)2
- Logan's Roadhouse in Cape not closing; Ruby Tuesday fate still unknown (8/17/16)
- Local private school dreams bigger, plans for new building at Sprigg and Lexington (8/22/16)
- Gender-neutral restrooms now available at Southeast (8/18/16)38
Two Cape Girardeau businessmen have been working behind the scenes since the 1990s, buying properties in downtown Cape Girardeau and dreaming one day of bringing a casino, a hotel and related development to downtown.
Since earlier this year, Ameristar and Pinnacle Entertainment, two of the largest casino operators in Missouri, have led a petition drive to get an initiative on the November ballot that would impose a ban on new casinos in the state, thereby eliminating future competition and repealing the $500 individual loss limit currently imposed on Missouri's gamblers. In return, the tax on casino profits would increase to 21 percent from the current 20 percent. The initiative is being called the "Schools First Elementary and Secondary Education Funding Initiative."
Last week, the Missouri Gaming Commission voted to impose a statewide freeze on new riverboat applications until voters have their say. The ballot measure is being checked by election officials to see if petitioners collected enough signatures.
David Knight and Jim Riley, the two Cape Girardeau businessmen, have put a lot of energy into this project. But they knew going in that government regulations would be a major factor. In the end, though, it will be up to voters statewide to determine if it's a good idea to eliminate competition and the individual loss limits.