SNIDER v. CASINO AZTAR/AZTAR MO. GAMING CORP.

No. SC 86181.

156 S.W.3d 341 (2005)

Donna SNIDER, Assessor for Pemiscot County, Missouri, Appellant, v. CASINO AZTAR/AZTAR MISSOURI GAMING CORP., Respondent.

Supreme Court of Missouri, En Banc.

March 1, 2005.


Attorney(s) appearing for the Case

Stephen P. Sokoloff, Kennett, Thomas W. Rynard, Jefferson City, for Appellant.

W. Edward Reeves, Caruthersville, Thomas L. Caradonna, Douglas M. Neider, St. Louis, for Respondent.


MICHAEL A. WOLFF, Judge.

Introduction

What is the proper standard for appraising the real and personal property of a gambling casino for tax purposes?

The assessor in this case based her valuation on the "highest and best use" of the real and personal property — as a gaming facility. The casino owner objected because that standard is tied to a prospective buyer acquiring one of only 11 available gaming licenses from the state.

The...

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