Missouri Sports Betting Bills Move Forward, VLT Legislation Dead

Missouri sports betting bills progressed come out of their respective legislative committees inwards Thomas Jefferson City this week.

House Bill 556, House Bill 581, and Senate Bill 30 all found favor in their committees on Thursday.

HB556 and HB581 both nemine contradicente passed the House Emerging Issues Committee. SB30 found tolerable bread and butter inward the Senate Appropriations Committee with an 11-1 vote. State Sen. Sandy Thomas Crawford (R-Benton) was the lone opponent.

HB556 and HB581 are similar inwards their linguistic communication and are expected to be consolidated inward the House Rules Committee prior to good floor consideration.

The troika Missouri sports betting bills for each one seek to reserve both retail and online sports betting in the Show-Me State. The statutes are also unified inward proposing a 10% tax on gross gaming income that the sportsbooks generate, a charge per unit that mimics neighboring Kansas’ sports betting market.

Missouri’s 13 riverboats would dispose to control retail sportsbooks and an online sportsbook platform. The forthcoming Senate and House discussions will find if any other retail businesses will dispose for in-person sports betting, with the state’s professional person sports stadiums expected to pressure group for inclusion.

Sports Betting for Education

Missouri primarily uses its gaming revenue enhancement do good to fund public education. In 2021, the 13 boats generated $358.5 trillion for the say Education Fund.

With regulated sports betting remaining on the sidelines, proponents of sports gambling, including Gov. Mike Parson (R), say the say must decriminalise it to reimburse those financial losses.

We are losing educational dollars that would unremarkably turn to Show Me State schools through and through the gaming fund to Kansas, and then on the eastern face of the say to Illinois. What that way is those pecuniary resource that are normally earmarked for our K-12 schools, that money is leaving Show Me State and sledding to subsidise schools inwards IL and Kansas,” said Parson.

Missouri’s Committee on Legislative Research estimates the commonwealth could take in nearly $30 meg a twelvemonth from legalized sports gambling upon market due date — which would be expected sometime around 2027.

Little Guy Misses Out

While the sports betting bills made onward motion on Thursday, legislating to authorise video lottery terminals (VLTs) and sure “skill gaming” machines failed.

State Sen. Denny Hoskins (R-Warrensburg) was blamed last year for stalling the state’s sports betting elbow grease through a filibuster. Hoskins was staunch in demanding that any enlargement of gaming include authorization of tap house gaming — VLTs and accomplishment gaming machines — in restaurants and bars.

Hoskins reintroduced his VLT/skill gaming value this yr but opted not to filibusterer his colleagues this session. His tap house gaming greenback was later on gibe down.

This year we tried to not be an obstructionist,” Hoskins told the Missouri Independent. “But last year, i got more through when I was an obstructionist. If that’s what i demand to make to farther bills I consider testament facilitate the State of Missouri and my constituents, so I’ll yield to that constitute and be an obstructionist until I acquire my way.”

Skill gaming machines have proliferated in the country inwards recent years. The controversial hoary gaming terminals aren’t regulated or taxed. The profits are split between the host business organisation and the gaming producer and route distributor.

Opponents of VLTs and accomplishment gaming say allowing gaming in little businesses creates regulatory concerns and could termination inward underage gambling.

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