Gambling bill challenged in Missouri Senate

A proposal to legalize and regulate sports betting and digital gambling devices in Missouri faced bipartisan criticism on the Senate floor on Tuesday.

Senate Bill 44, sponsored by Sen. Denny Hoskins, R-Warrensburg, would legalize sports betting and a growing number of video lottery devices in certain locations. Both would be taxed at 12 percent and another 2.5 percent on wagers. Casinos facilitating either type of gambling would pay an additional 0.5 percent tax on all wagers.

Taxes collected from the proposed law would support the Veterans’ Commission Capital Improvement Trust Fund and a special fund for sports stadium infrastructure.

The proposal drew concerns from Senate Republicans and Democrats.

Sen. Jason Holsman, D-Kansas City, suggested limiting the video lottery machines to truck stops and fraternal orders. Hoskins pushed back on the idea, claiming it would strain revenues to his county.

Other concerns included a lack of specific restrictions on betting on high school sports and measures to prevent underage gambling.

No vote was held on the bill.

Read more: Columbia Missourian

Tags:, , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students