Missouri’s Lake of the Ozarks Casino Campaign Sues to Get on Ballot

08/21/2024
Industry
Lake of the Ozarks Casino Campaign Sues to Get on Ballot
Photo by Wikimedia Commons, cc by 2.0 (https://creativecommons.org/licenses/by/2.0/)

Key Takeaways

  • The state said the campaign was short of signatures in one district
  • The campaign says more than 2,500 valid signatures were dismissed
  • Another casino could add $14.3 million in state taxes

Marty and Wendy Byrde would be proud.


A campaign to build a casino in Missouri’s tourist-rich destination the Lake of the Ozarks filed a lawsuit on Tuesday to get the proposal on the November ballot.  


This comes after the secretary of state’s office last week ruled the campaign did not submit enough voter signatures for the amendment to qualify for the ballot.

Legal back-and-forth

The ballot push is being led by the Osage River and Gaming Convention Committee. The organization is asking a local judge to overrule the verdict that was reached after the committee supposedly came up 2,031 signatures short in the 2nd Congressional District.


The committee claims that more than 2,500 valid signatures were incorrectly ruled out, causing it to fall short of the necessary amount.


“Verifying every signature on multiple initiative petitions this summer has been a very long process for election officials and we realize mistakes happen,” the group said in a statement. “However, (Osage River Gaming & Convention) has always been confident their initiative petition contained a sufficient number of valid signatures from legal voters to qualify for placement on the Nov. 5 general election ballot and are now asking the court to do so.”


The previous ruling confirmed the proposal secured enough signatures in the 1st, 3rd, 4th, 5th, and 7th districts. 


The proposal, if approved, would amend the Missouri Constitution to allow a casino along the Osage River near a junction with the Missouri River. It would also overrule a 13-casino limit imposed in 2008.


Missouri’s constitution only allows casinos to be built along the Missouri and Mississippi rivers.

Local impact of a casino

The casino proposal is being supported primarily by Bally’s, which owns and operates a casino two and a half hours away in Kansas City, and RIS Inc., an influential developer. The two entities contributed roughly two million dollars to the campaign.


The proposal is a response to plans for a $60 million casino, hotel and convention center shared by the Osage Nation in 2021. 


Officials of the new campaign say the project would create 700-800 jobs for locals. Estimates also suggest that the casino would generate roughly $2.1 million in annual admission and fee revenue, a pot that is split between the local government and the Missouri Gaming Commission.


The 21 percent tax on adjusted casino revenue would also lead to an estimated $14.3 million in annual state taxes.


The new funding would likely be directed toward childhood literacy programs at public schools. 


Former Lake Ozark mayor Gerry Murawski claimed that the area drew an average of 5.4 million tourists per year. That number ballooned to more than 10 million in 2020 in part due to the success of the hit Netflix show “Ozark.”

Grant is a former graduate of Virginia Tech, a former NCAA track and field athlete, and an avid sports fan and sports bettor. He aims to provide up-to-the-minute and detailed coverage of headlines in the sports betting industry. Grant joined the professional ranks in 2021 and quickly made a name for himself, working with entities such as Forbes and VSiN and earning a reliable reputation in the industry. When he’s not working, you can find him exercising, walking around the city, or somewhere watching the big game of the day.

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