Missouri House of Representatives Passes Bill to Legalize Sports Betting
The bill, favored by pro sports franchises and casinos, now awaits a formal vote to send it to the Missouri Senate, where it faces opposition
The Missouri House of Representatives has given first-round approval to legalize retail and online sports betting in the state, with each licensed casino being allowed to offer three betting platforms.
The legislation, supported by Missouri pro sports franchises, awaits a roll-call vote before it can proceed to the Missouri Senate.
Supporters of sports betting argue that Missouri is losing out on revenue to neighboring states, where sports betting is legal, and that the industry could bring in an additional $21 million to $29 million in revenue to the state, benefiting education.