{"id":3174,"date":"2023-11-29T15:24:37","date_gmt":"2023-11-29T15:24:37","guid":{"rendered":"https:\/\/www.casinousa.com\/news\/?p=3174"},"modified":"2023-11-29T15:24:37","modified_gmt":"2023-11-29T15:24:37","slug":"lake-of-the-ozarks-casino-plan-moves-forward","status":"publish","type":"post","link":"https:\/\/www.casinousa.com\/news\/lake-of-the-ozarks-casino-plan-moves-forward","title":{"rendered":"Lake of the Ozarks Casino Plan Moves Forward"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2023\/11\/rendering-of-proposed-lake-of-the-ozarks-casino.jpg\" alt=\"Rendering of proposed Lake of the Ozarks Casino\" title=\"Lake of the Ozarks Casino Plan Moves Forward\" class=\"alignright size-full wp-image-3175\" width=\"300\" \/><strong>Summary:<\/strong><\/p>\n<ul>\n<li>Voters must amend the constitution to bring a casino to the area. <\/li>\n<li>One of four petitions is on the table. <\/li>\n<li>At least 170,000 signatures are needed for the bill to become law. <\/li>\n<\/ul>\n<p>An effort has been in the works for quite some time to <a href=\"https:\/\/www.casinousa.com\/states\/missouri\">bring a Missouri casino<\/a> to the <strong>Lake of the Ozarks<\/strong>. <\/p>\n<p>Yesterday, the effort gained ground as the Secretary of State\u2019s office approved language for a proposed ballot measure. Supporters can now select a <strong>proposed petition and try to obtain 170,000 signatures<\/strong> to see the initiative on the 2024 ballot. The <strong>bill becomes law if 50% or more of the voters say yes<\/strong>. <\/p>\n<h2 id=\"moving-forward-with-the-casino-project\">Moving Forward with the Casino Project<\/h2>\n<p>Osage River Gaming is the backer of the petition, with representative <strong>Tim Hand<\/strong> stating that he thinks a decision will be made on which petition to use in about two weeks. The new casino would be located on a section of Osage River, down from the Bagnell Dam. <\/p>\n<p>The amendment change would add another riverboat gaming license to the state. However, <a href=\"https:\/\/www.casinousa.com\/online-casino-real-money\">real money casinos<\/a> do not necessarily have to be a floating structure because of the fluctuating water levels of the lake. <\/p>\n<p>If the change is approved, it would require all state tax revenues that are collected from the industry to go towards education spending. This will include literacy programs and teacher salaries. The <strong>casino is expected to bring in around $14 million annually<\/strong>. <\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/ubPErUufDII?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p>&nbsp;<\/p>\n<h2 id=\"third-time-wasnt-a-charm\">Third Time Wasn\u2019t a Charm <\/h2>\n<p>Earlier this year, officials tried to pass a measure to add a casino in the area, but lawmakers could not agree on a measure to move forward with casino plans. Back in 2020, bills related to an Ozark casino also died, along with one in 2022 as well. It seems the ballot initiative may be the only way the casino can come to fruition if the voters have a say. <\/p>\n<p>Along with a state-regulated casino in the works, the Osage Nation tribe <a href=\"https:\/\/www.osagecasinoslakeozarks.com\">hopes to build a casino in Lake Ozark<\/a>. The tribe is already preparing a site for the casino but has yet to receive approval on a state and federal level. <\/p>\n<p>Now, the effort has to wait and see if enough registered voters will sign the petition and it will be approved for the ballot. If so, then residents will be able to vote on a 14th casino for Missouri. It is unclear if there is enough support for a casino in the area for the initiative to gain ground. We will see how the project progresses in the coming weeks. <\/p>\n","protected":false},"excerpt":{"rendered":"Summary: Voters must amend the constitution to bring a casino to the area. One of four petitions is on the table. At least 170,000 signatures are needed for the bill to become law. An effort has been in the works for quite some time to bring a Missouri casino to the Lake of the Ozarks. [&hellip;]","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,5,4],"tags":[],"class_list":["post-3174","post","type-post","status-publish","format-standard","hentry","category-news","category-industry","category-legal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lake of the Ozarks Casino Plan Moves Forward<\/title>\n<meta name=\"description\" content=\"An effort to bring a casino to the Lake of the Ozarks is moving forward, as the Secretary of State\u2019s office just signed off on a proposed ballot initiative for voter input.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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