St. Louis mayor lobbies for President Casino

Monday, February 22, 2010 | 6:57 p.m. CST

JEFFERSON CITY — St. Louis Mayor Francis Slay is asking Missouri lawmakers to prevent gambling regulators from closing a downtown St. Louis casino.

Slay testified Monday for a bill that would bar the Gaming Commission from revoking casino licenses because of declining performance.

That bill was prompted by the Gaming Commission's decision last month to take an initial step toward revoking the license of the President Casino.

Slay told lawmakers that closing the casino would cost jobs and cause St. Louis to lose tax revenue.

Thecasino is owned by Las Vegas-based Pinnacle Entertainment Inc., which also owns the neighboring Lumiere Place casino.

Gambling regulators said legislation would "neuter" the commission.


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