Missouri: New companies enter unregulated slot machine market as state lottery worries about revenue

Missouri: New companies enter unregulated slot machine market as state lottery worries about revenue

Article brief provided by St. Louis Post-Dispatch
  • Kurt Erickson, St. Louis Post-Dispatch
June 8, 2022 7:06 PM
  • Kurt Erickson, St. Louis Post-Dispatch

Two Arkansas companies have apparently entered what has become a lucrative, rapidly expanding and possibly illegal enterprise in Missouri.

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Missouri Lottery Director May Scheve-Reardon told members of the state lottery commission last week that agency staffers have been reviewing correspondence with the Missouri State Highway Patrol regarding the two firms and the possible placement of unregulated video gambling machines in bars, restaurants and convenience stores, primarily in the southern part of the state.

The companies in question include PB08 Electronic Ventures Inc. of Gravette, Arkansas, and Lone Wolfe Entertainment LLC of Centerton, Arkansas, she said.

And, she warned, the flood of unregulated gambling machines will only continue without some legal or legislative action.