LITTLE ROCK, Ark. (KTHV & AP) -- Election officials say a proposal to give a Texas businessman a monopoly over casino gambling in Arkansas didn't meet a signature requirement and can't appear on the November ballot.

The Secretary of State's Office said Wednesday that Michael Wasserman's proposal was invalid because he didn't meet a requirement that signatures submitted equal at least 5 percent of the votes cast for governor in 2010 in 15 counties.

He fell short of that goal in three counties.

Wasserman won't be given more time to gather additional signatures.

Wasserman's proposed constitutional amendmentwas one of two casino proposals that were submitted to the state to appear on the ballot. Wasserman's proposal would have given him exclusive rights to operate casinos in seven counties.

Wasserman has seven days to challenge the decision.

THV spoke with Wasserman on Wednesday but he was unable to comment at this time because he's waiting on official notification from the Secretary of State's office.

But Arkansans could still roll the dice -- with one other proposal still in play.

Nancy Todd has also filed for a constitutional amendment.

She says casinos surround Arkansas in border states.

"I think what's important to me is that the people in Arkansas have an opportunity to vote on this. You go to any Mississippi casino, any Louisiana casino, you're going to see Arkansas cars that are there," Todd said.

Alex Reed is the spokesman for Arkansas Secretary of State Mark Martin.

He explains what the two developers had to do to get any constitutional amendment on the ballot.

"They had to turn in 78,133 signatures. And they turned in about 80. But what we'll do in the first process is we go through and we verify them," Reed said.

Not everyone is in favor of casinos in Arkansas.

One organization has started a campaign "Stop Casinos Now."

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