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MO Amendment 2 (Sports Wagering)

RACE DETAILS

Parents

> United States > Missouri > Initiatives and Referenda > 2020s Initiatives and Referenda > 2024 Initiatives and Referenda > Amendment 2

Office

Type

Referendum

Filing Deadline

August 01, 2024 - 12:00pm

Polls Open

November 05, 2024 - 06:00am

Polls Close

November 05, 2024 - 07:00pm

Term Start

November 06, 2024 - 12:00pm

Term End

December 31, 9999 - 12:00pm

Contributor

RBH

Last Modified

RBH December 26, 2024 12:42pm

Data Sources

[Link]

Description

Official Ballot Title:

Do you want to amend the Missouri Constitution to:

allow the Missouri Gaming Commission to regulate licensed sports wagering including online sports betting, gambling boats, professional sports betting districts and mobile licenses to sports betting operators;
restrict sports betting to individuals physically located in the state and over the age of 21;

allow license fees prescribed by the Commission and a 10% wagering tax on revenues received to be appropriated for education after expenses incurred by the Commission and required funding of the Compulsive Gambling Prevention Fund; and
allow for the general assembly to enact laws consistent with this amendment?

State governmental entities estimate onetime costs of $660,000, ongoing annual costs of at least $5.2 million, and initial license fee revenue of $11.75 million. Because the proposal allows for deductions against sports gaming revenues, they estimate unknown tax revenue ranging from $0 to $28.9 million annually. Local governments estimate unknown revenue.

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