Sports Betting Tax Cut by 20% in Missouri Senate Bill | Missouri

(The Center Square) — A last-minute amendment lowered the sports betting tax rate from 10% to 8% as the Missouri House of Representatives on Thursday approved and sent the bill to the Senate.

During the informal bill clarification on Wednesday, D-Kansas City Rep. Wes Rogers told the House that the state of Kansas is likely to embrace sports betting with a 9.75% tax rate.

“Missouri is a better state than Kansas in every way,” Rogers said as he introduced the amendment at the end of the indoor debate. “Our tax rate should be lower. Moving forward. And the thing I would add for the skeptical people is that the sports betting tax rate that already exists is 0% and 8%, it’s much better than that. And it’s also better than the Kansas rate.

The House voted 115-33 to approve House Bill 2502, sponsored by Rep. Dan Holly, R-Warrensburg.

“It took a while to come,” Holly said. “It has been floating around this building for several years now. We have a coalition of five out of six casinos and all of our professional sports teams agree.

All Missouri Professional Sports Teams testified in favor of the bill at a hearing in February.

Another amendment requires the state gaming commission, in cooperation with the Department of Mental Health, to develop an annual research report to assess the effects of gambling in the state. This requires a baseline study of the current occurrence of problem gambling in the state, a legal study of the social and economic impacts of gambling, and recommendations on programs and legislative measures to address problem gambling.

“The more I looked into this, the more I realized we needed to put some best practices in place to make sure we did it right out the door,” Rep. Ben Baker, R-Neosho, said during the presentation. the amendment. “If you look at other states, a lot of them didn’t have these things in place and later realized the problems it was causing and the rise in problem gambling. They are catching up and have to (spend) millions of dollars to fix the problem. We don’t want to do that.

The bill’s tax memo indicates that the Department of Mental Health served approximately 71 consumers through problem gambling treatment services in fiscal year 2021, with an average cost of $1,230 per consumer for 87 $330. Baker said about 92,000 Missourians have gambling addictions and more than 4,000 calls, texts and chats have been received from Missourians to a national problem gambling hotline.

Pro Tem President John Wiemann, R-O’Fallon, said he supported the bill, but was the only member concerned that a casino, located in St. Charles a few kilometers from his district, did not join the support coalition.

“I just want to make sure people are aware that (the bill) isn’t perfect,” Wiemann said.

Rep. Jason Chipman, R-Steelville, said the single-casino problem relates to requirements for purchasing betting information from a single source and said a remedy is in the bill.

“As the old saying goes, don’t let the perfect be the enemy of the good,” Chipman said.

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