Four bills that seek to authorize and regulate sports betting in the state of Missouri have all advanced to the Missouri House of Representatives Emerging Issues Committee.
The collection of bills include House Bill 1024, which aims to authorize sports betting in Missouri. It allows both online and land-based sports betting, conducted through the state’s riverboat casinos, and was introduced to the House by Representative Cody Smith in February 2021.
The bill outlines several typical conditions for sports betting in Missouri, including the prohibition of any sports betting taking place outside of licensed premises and the disallowing of targeting minors and vulnerable people to place bets. It also specifies a 6.25% sports wagering revenue tax and that sports wagering platform operators must pay a $50,000 annual fee.
Read the full story on iGB North America.