Gaming News

Casino Aztar Tax Case Goes to Supreme Court

JEFFERSON CITY, Missouri – As reported by the Missourian: "So far in her long-running property tax dispute with Casino Aztar, Pemiscot County Assessor Donna Snider has rolled snake eyes. The Missouri Supreme Court on Tuesday provided Snider with one more opportunity to beat the house and recoup for local governments the $2.5 million in back taxes she says the casino owes.

"The high court agreed to hear Snider's appeal of a State Tax Commission ruling that drastically reduced the assessed value of real and personal property owned by the Caruthersville casino from levels Snider had set. The court hasn't yet scheduled the case for arguments.

"The dispute began after Aztar challenged its assessments for the 1999 tax year.

"…Snider had assessed the casino's property based on its replacement cost, minus depreciation for age. However, the tax commission said Snider failed to consider that the value of Aztar's property is dependent on having a state license to operate a casino and that assessments should be reduced as a result…"

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