This is the first in a series of articles on Missouri ballot measures.

Prop A would eliminate Missouri’s $500 stop-loss rule and limit the number of casinos in Missouri at 13 (those that currently exist or are under construction).  It would also raise the the current tax on casino winnings from 20% to 21%.  It is believed that this proposition would send more than $100m/year to Missouri schools.  However, Missouri casinos have spent $11m running ads in support of this initiative, so you can be sure that they’re expecting to make even more than that.  To me this is a mixed bag, but given that I live in St. Louis where people can already simply drive across the river to avoid the loss limit, I’ll be voting YES.

For some additional reading, here is the P-D’s editorial on the issue and here is the St. Louis American’s editorial on the ballot issues.