Missouri Senate Committee Advances Sports Betting Legislation
Wednesday 27 de April 2022 / 08:14
2 minutos de lectura
(Missouri).- The Missouri Senate Appropriations Committee advanced House Bill 2502 & 2556, a House sports wagering bill, this week. The bill codifies a deal between the casinos and the professional sports teams that allows among other things, remote and on-line gambling on sporting events from anywhere in the state with a significantly reduced tax rate.
Senator Denny Hoskins, R-Warrensburg, said the current version of the bill fails to resolve key issues relating to funding for education and problem gambling treatment programs, and does not implement changes needed to address illegal gambling activity.
A key player in the success of any gaming legislation, Sen. Hoskins has questioned the merits of the bill as being too one-sided in favor of the casinos as it only produces an estimated $10 million annually for public education. Hoskins champions a sports wagering proposal that raises an estimated $163 million annually for Missouri public education and veterans programs, $153 million more annually than the casino and professional sports teams’ proposal.
“The current tax rate on gambling in Missouri is 21%, was approved by voters at 21%, and provides a significant amount of funding for our public schools. I don’t see why sports wagering should be treated differently,” Hoskins said, “I look forward to working on this bill during floor debate to ensure that Missouri education and problem gambling treatment programs are the focus of this legislation, not just the bottom-line interests of the casinos.”
The bill is scheduled for a hearing Monday afternoon, April 25, at 3:30 p.m. in the Senate Governmental Affairs and Fiscal Oversight Committee, and could be debated Monday evening when the full Senate convenes.
For information about Sen. Hoskins, please visit his official Missouri Senate website: senate.mo.gov/Hoskins.
Categoría:Legislation
Tags: Sin tags
País: United States
Event
iGaming Club Conference Cancun
24 de November 2025
Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion
(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.
Thursday 04 Dec 2025 / 12:00
iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition
(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.
Thursday 27 Nov 2025 / 12:00
iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day
(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.
Wednesday 26 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.