When you sign-up through links on our site, we may earn an affiliate commission. Learn more >
100% Deposit Match up to $100
21+ CO, VA, MI Only | Terms and conditions apply
It’s apparently too much potential revenue for Missouri lawmakers to ignore anymore, as now some are making an early push to legislate their state’s own lucrative legal sports betting market similar to the one’s that now exist in well over half the states in the US.
On Wednesday, some Missouri lawmakers pre-filed legislation that would support legal sports betting for its residents, an attempt to get the inevitable debate started early before the state’s next legislative session begins at that start of next year.
It’s an unfolding story we have previously covered, and Rep. Dan Shaul (R-Jefferson County) thinks state residents are counting on Missouri lawmakers to get this done, telling the media:
We need to do something. People in Missouri want to be able to bet on sports.
Republican Senator Denny Hoskins agrees, though he admits that creating a sports betting market is not as easy as it sounds, saying:
I wish it was as simple as ‘hey you want to bet on sports then you just bet on sports. Obviously when you look at the big picture that’s what we’re trying to do, but a lot of the devil is in the details.
Given the amount of money involved here, however, those details seem worth sorting out.
Regardless of the roadblocks that exist between now and a legal sports betting launch, lawmakers cannot deny that the amount of potential revenue that is at stake here is head-turning and could make a huge difference for many Missouri residents.
According to Rep. Shaul:
The state of Missouri got $790 million from the NFL last week. Do you realize that we could be making on the (video lottery terminals) and the sports gaming, we could bring in $400 million per year on taxes.
The Missouri Constitution states that any gambling or gaming money must go towards education or veterans’ homes, but the reality is that this money is already being spent by Missouri gamblers elsewhere.
It makes better sense to regulate and tax this existing semi-illicit market that currently funnels out those huge profits to offshore sportsbooks and neighboring states where sports gambling is already legal.
Thus the pre-filed legislation, which is the first step in facing this existing reality, as Rep. Shaul told the press:
Right now we are the wild, wild west and people are doing their own thing. It’s time that we as legislators need to step up and do something.
But that can’t happen until the start of next year.
Lawmakers had up until Dec. 1 to pre-file their bills to get them in the system to be considered for the next legislative session which starts on January 5, 2022.
Given that pro teams like the Blues, Cardinals, Royals and St. Louis City Soccer Club have already supported several ballot initiatives, it should be a matter of when, not if, legal sports betting will launch in the Show-Me State.
Keep checking back for the latest news and updates on this ongoing story.
Free play options
Special contests for newbies
Bet $5 on a Money Line, Get $150 in Bonus Bets
21+ | Terms and conditions apply
Wide range of betting options
Top notch customer service
Promo Code 'SPORTS'
$500 Free Bet
21+ | VA only | Gambling problem? Call 1-800-532-3500
Mike Lukas is a retired standup comedian turned freelance writer now living in Dallas, Texas, originally from Cleveland, Ohio. His love for the game of football and all things Cleveland Browns turned Mike into a pro blogger years ago. Now Mike enjoys writing about all thirty-two NFL teams, hoping to help football gamblers gain a slight edge in their pursuit of the perfect wager. Email: [email protected]More info on Mike Lukas
© Rebel Penguin ApS 2023 (a subsidiary of Gaming Innovation Group Inc.)
We support responsible gambling. 21+ Only. Gambling problem? Call 1-800-Gambler.
WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.
Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.