As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Contains commercial content
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / News / Wait ‘Til Next Year For Missouri Sports Betting

Wait ‘Til Next Year For Missouri Sports Betting

Publish Date: May 19, 2022
Fact checked by: Jesse M Cox

Things were looking very promising for Missouri sports bettors early in the 2022 legislative session. Legislation passed the state’s House of Representatives, but it stalled out in the Senate and was not passed before the session closed last Friday. 

Missouri news

Missouri loses out to neighboring Kansas in the race to legalize sports betting

Unfortunately, MO fans will have to wait another year for top bookmakers to join the state. As 2022 began, it looked like Kansas and Missouri were racing to see who could make sports betting legal first, and it was widely speculated that the two states would follow each other’s lead if one was able to make progress. That prognosis did not come to fruition, as Kansas was able to pass legislation that legalized sports betting in the state and likely will begin taking bets by the time the NFL season begins, while Missouri was unable to push their legislation over the finish line and will be forced to wait until 2023 to try again. While sports betting gained a lot of momentum in 2022, there are many variables that make it passing in 2023 far from a done deal.

Three separate bills with various minor differences were considered and presented to the interested parties in the state in the interest of generating support. The version that made it the farthest featured a 10% tax rate and a guarantee of the ability for each of Missouri’s six professional sports franchises to operate their own online sportsbook. Overall, the bill would have allowed for 39 total online “skins”, divided amongst the six sports teams and the state’s six casinos.

Senator Danny Hoskins kills the bill over casino interests

Missouri State Senator Danny Hoskins claims to be in favor of legalizing sports betting in Missouri, but it was his objections that ultimately sealed the fate of the failed legislation. First Hoskins insisted that allowing video lottery terminals (VLTs) be included in the bill, a provision long considered a “poison pill” for any piece of legislation. Why Hoskins chose to tie the two unrelated issues together is unclear, as obviously legal sports betting has little to do with the legality of what amounts to a slot machine located outside of a casino. Hoskins eventually softened on the VLT issue, but held fast on his demands to more than double the proposed tax rate on sports betting revenues which ended up causing the failure of the bill.

The bill that passed the Missouri House of Representatives featured a 10% tax rate on sports betting revenues. Supporters of the 10% tax rate pointed out that the rate was in line with neighboring states. Keeping the tax rate competitive with neighboring states ensures that Missouri sports bettors won’t continue to travel over state lines in search of better odds and more attractive promotional offers, and also ensures that black market operators will not hold as significant an advantage over legal sportsbooks that dutifully pay their taxes. Senator Hoskins insisted on a 21% tax rate, mirroring the taxes imposed on the state’s casino gambling revenues. He claimed that casinos were universally opposed to any legislation that did not tax sports betting revenue at the same rate as casino gaming revenue.

The people of Missouri are the losers here

The ability for Missouri sports bettors to place legal wages was denied in spite of widespread public support as well as the support of all the state’s major sports franchises. Most Missouri sports bettors likely do not care about any casino’s perceived slight of being faced with different tax rates, they only want their elected officials to perform their civic duty by enacting laws that they are in favor of instead of delaying them due to pressure from corporate interests. The tax rate in the proposed legislation was designed to be in the best interest of the state generating tax revenue and to ensure that Missouri sportsbooks are put in the best possible position to succeed. Given that the casinos would benefit from the same lower tax rate on their own sports betting revenues, their opposition appears to be little more than sour grapes.

It is frustrating for Missouri sports bettors who will have to wait at least another year before being able to legally place wagers from the comfort of their own home, when it seems like it should have been easy for the state to pass this legislation and allow casinos to take up any issues with casino gaming tax rates or video lottery terminals in separate legal efforts. Fortunately for many Missouri residents, especially those in the state’s largest population center of St. Louis, online sports betting is legal in Iowa, Illinois, and Arkansas and will be legal in Kansas very soon, so they can find the freedom to place their wagers just a short drive away.

We might see these top providers in MO next year, then!

SI Sportsbook
1.
97/100
Rating
Credit Card
Virginia (US) Lottery Board
BET $20 GET $200 IN FREE BETS
SI Sportsbook Sports Bonus
BET $20 GET $200 IN FREE BETS
SI Sportsbook Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Awesome $50 bonus for new bettors
  • Lots of cool odds boosts are available
  • Top odds on all major sports
BetRivers.com
2.
95/100
Rating
Credit Card
Virginia (US) Lottery Board
100% up to
$500
BetRivers.com Sports Bonus
100% up to $500
BetRivers.com Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Excellent range of sports
  • Mobile app available
  • Live betting is possible
BetMGM
3.
94/100
Rating
Credit Card
Virginia (US) Lottery Board
100% up to
$1000
BetMGM Sports Bonus
100% up to $1000
BetMGM Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Massive range of betting markets
  • Plenty of different wager choices
  • Live match tracker and data available
DraftKings
4.
92/100
Rating
Credit Card
Virginia (US) Lottery Board
20% up to
$1000
DraftKings Sports Bonus
20% up to $1000
DraftKings Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Over 18 sports to choose from
  • Great live betting options
  • Available in many states
FanDuel
5.
90/100
Rating
Credit Card
Virginia (US) Lottery Board
$1000 No Sweat First Bet
FanDuel Sports Bonus
$1000 No Sweat First Bet
FanDuel Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Huge range of games to bet on; both real and fantasy!
  • Guides to help you responsibly bet
  • Competitive odds compared to other betting sites
Read Also
Vermont Underground Illegal Sports Betting Being Investigated
Unlike many other states, Vermont has still outlawed sports betting. This issue ...
North Carolina Online Sports Betting Bill Fails By A Single Vote
North Carolina appeared poised to pass a measure that would allow legal ...
SI Sportsbook Promo
North Carolina Online Sports Betting Bill Set For A Vote
North Carolina has already legalized retail sports betting, but currently has just ...
Maine House Of Representatives Advances Sports Betting Bill
The Maine House of Representatives advanced bill LD 585 last week. The ...
2022 Imola Grand Prix Preview
A Classic, Old School Track Imola, Italy. Formerly known as the San ...
Sportsbook of the month
SI Sportsbook - Get your Free Bet now! Get your Free Bet now!
Latest News
Introducing 3 best crypto casinos with proven fair games
Over 4% of all gambling endeavors in the ...
World Cup Knockout round: USA vs Netherlands: Odds, Tips, and Predictions 12/...
USA vs Netherlands: How To Watch Date: Saturday, ...
Macau issues casino licenses to MGM, Sands, and Wynn
The government of Macau announced Saturday that it ...
Entain Approved for 5 German Licences & First Poker License
Entain has had five licenses approved in Germany ...
Esports Regulatory Discussions to Come Into the Light
The popularity of esports has grown exponentially over ...
Top Betting Sites
Top Betting Bonuses
SI Sportsbook
SI Sportsbook
SI Sportsbook Review
97/100
BetRivers.com
BetRivers.com
BetRivers.com Review
95/100
BetMGM
BetMGM
BetMGM Review
94/100
DraftKings
DraftKings
DraftKings Review
92/100
FanDuel
FanDuel
FanDuel Review
90/100
SI Sportsbook
SI Sportsbook Bonus
BET $20 GET $200 IN FREE BETS
T&Cs apply
9.7/10
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
BetRivers.com
BetRivers.com Bonus
100% up to $500
T&Cs apply
9.5/10
BetMGM
BetMGM Bonus
100% up to $1000
T&Cs apply
9.4/10
DraftKings
DraftKings Bonus
20% up to $1000
T&Cs apply
9.2/10
FanDuel
FanDuel Bonus
$1000 No Sweat First Bet
T&Cs apply
9/10
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

ccwww
Move to Top
Close
Our Sports Pros recommend these awesome sports betting sites this week:
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site