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A proposal to legalize sports betting in the state of Missouri passed the House and awaits a potential vote in the Senate.
The legislation cleared the Missouri House by a 118-35 vote on March 22. Sports betting is currently legal in 33 states plus the District of Columbia.
The bill defines sports betting as “wagering on athletic, sporting, and other competitive events involving human competitors including, but not limited to, esports, or on other events as approved by the commission.”
“Such terms shall include, but not be limited to, bets or wagers made on: portions of athletic and sporting events, including those on outcomes determined prior to the start of a sporting event, or on the individual statistics of athletes in a sporting event or compilation of sporting events, involving human competitors. The term includes, but is not limited to, single-game wagers, teaser wagers, parlays, over-unders, moneyline bets, pools, exchange wagering, in-game wagers, in-play wagers, proposition wagers, straight wagers or other wagers approved by the commission.”
Missouri is looking to get a piece of the continued growth of the regulated sports betting market. In 2022, there were new national records for the handle ($93.2 billion) and sportsbook revenue ($7.5 billion).
Under the proposal, sports betting could be conducted over the internet.
According to the bill, an interactive sports wagering platform would be defined as “a platform operated by an interactive sports wagering platform operator that offers sports wagering through an individual account registered to an eligible person over the internet, including on websites and mobile devices, on behalf of a licensed facility or designated sports district. Except as otherwise provided, an interactive sports wagering platform may also offer in-person sports wagering on behalf of a licensed facility that is an excursion gambling boat at its licensed facility, including through sports wagering.”
The Missouri bill was filed on Jan. 3.
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