2020_19_newgioco.png
2020_19_newgioco.png
2020_19_newgioco.png

On board and online: Missouri bill proposes sports betting

By Matthew Enderby

A bill that would authorise sports betting online and on excursion gambling boats has been introduced in Missouri.

Proposed by Senator Denny Hoskins, the bill, currently titled SB 44, requires bettors to first register an account in person at the gaming facility to enable their bets.

Application fees for operator licenses would be set at $10,000 should the bill pass, with a renewal fee of $5,000.

The legislation would impose a 12% tax on gross receipts received from wagers on sporting events and an administrative fee at a rate of 2.5%. The Veteran’s Commission Capital Improvement Trust Fund would receive 80% of the administrative fee.

Included in the bill are provisions to allow individuals to restrict themselves from betting with an operator.

Further measures require background checks on operators' staff and prohibiting staff members from betting.

The Missouri Gaming Commission would assume responsibility for regulating all sports betting activities and would investigate abnormal betting activity, match fixing and any other possible corruption.  

Should the bill be passed into law, it will become effective on 28 August.


NEWS SPONSOR
2020_19_gig.gif

More News

With ICE Asia Digital taking place 8-10 June, Gambling Insider caught up with Clarion Gaming group event director Greg Saint. Previewing the upcoming event, Saint advises attendees to think of ICE Asia...




This article was originally published in the May/June edition of Gambling Insider magazine: Gambling Insider assesses the early progress made by the Betting & Gaming Council as it bids to...