Image for Mike Lukas Mike Lukas - October 14, 2022

MO Lawmakers Debate Standalone Sports Betting Bill After Midnight, Fail to Vote

Mo Debate Standalone Sports Betting Bill Fail Vote
  • Missouri Sen. Denny Hoskins Introduced a Standalone Sports Betting Bill After Midnight
  • Hoskins Bill Did not Include Video Lottery Terminals (VLTs) and Failed to Garner a Vote
  • Legalized Sports Betting could Generate $15 million in Tax Revenue for Missouri

Play Fantasy Sports Here!

SI Sportsbook

9/10

Bet $20 Win $200

21+ CO, VA, MI Only | Terms and conditions apply

Missouri Sen. Denny Hoskins Introduced a Standalone Sports Betting Bill After Midnight

Long after the sun set last Thursday night, as the midnight oil was burning, in fact, Missouri lawmakers were awake and in session into the wee hours of the morning debating the standalone sports betting bill that had been introduced by state Senator Denny Hoskins.

Spoiler alert – it failed to pass, or even garner a vote, the legislation dying about as quickly as it lived, this controversial issue having been discussed for just over an hour by lawmakers before being withdrawn by Hoskins when it became obvious it would not go much further.


The bill would have legalized in-person and mobile sports betting in Missouri casinos and would have allowed for 39 separate sportsbook skins, or “brand instance existing under a master license,” to be distributed amongst the state’s 13 casinos and six pro sports organizations.

What it did not include were the VLT’s that have become that issue’s controversial dealbreaker.

Hoskins Bill Did Not Include Video Lottery Terminals (VLTs) And Failed to Garner a Vote

As we recently reported in MO Sports Betting Stalls Over “Gray Machine” Issue, there are those in the Show Me State who are in favor of the addition of these video lottery terminals, or so-called ‘Gray Machines,’ and those who are against, with a middle ground tough to find there.

Hoskins’ standalone midnight bill last week did not include the addition of these Gray Machines, telling the press:

“Ideally, I’d love to have VLTs in this bill, but I also realize that there are people out there who just want a standalone sports betting bill.”

His legislation called for a 15% tax rate on sportsbook revenue, a reasonable number when compared with states like New York and Delaware who are charging 51% and 50% respectively, though neighboring states like Iowa (6.75%) and Arkansas (13%) charge less.

Regardless of the tax rate, every month this issue stalls means more money lost for Missouri.

Legalized Sports Betting Could Generate $15 Million in Tax Revenue for Missouri

Missouri lawmakers are facing the reality that gambling money is already being spent by residents, only now that potential revenue is flowing out of the state via unregulated offshore sportsbooks or nearby in Illinois, Iowa, Arkansas, and Tennessee where sports betting is legal.

Says John Pappas, executive director of a nonprofit association representing sportsbooks: “Every year that Missouri is waiting is another day that consumers are left unprotected, and money is left on the table. It just doesn’t make sense to be on an island when literally every state surrounding them is going to have legal sports betting.”

Some industry experts have projected a legal Missouri sports betting market as generating $15 million in annual tax revenue for the state, money that could be redirected homewards if the right legislation is introduced to the congress.

Whether the perfect bill includes VLT’s or not remains to be seen, but time is wasting while all those Missouri sports bets are being made elsewhere, so it would behoove state leaders to find a compromise quickly and join the over thirty other states who have already done the same.

Play Fantasy Sports Here!

Logo #1

WynnBet

8.8/10

Bet $100 get a $100 FREE BET

21+ | T&Cs apply

Logo #2

BetRivers

9/10

$500 Free Bet

21+ | VA only | Gambling problem? Call 1-800-532-3500

Image for Mike Lukas

AUTHOR

Mike Lukas

1217 Articles

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
We've been featured on:
espn logo
reuters logo
cbs-news logo
forbes logo
entrepreneur logo
entrepreneur logo
We only list licensed sportsbooks
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork

© Rebel Penguin ApS 2023 (a subsidiary of Gaming Innovation Group Inc.)

We support responsible gambling. If you feel like you're losing control over your gambling experience, call 1-800-GAMBLER (NJ, PA, WV), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), 1-800-522-4700 (NV), 1-800-522-4700 (CO, TN), 1-855-2CALLGA (IL), 1-800-270-7117 (MI).

WSN.com 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.