The following ballot measures have been certified for the November 5, 2024 general election.
Official Ballot Title Amendment 2
Proposed by Initiative Petition
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.
FairBallot Language:
A “yes” vote will amend the Missouri Constitution to permit licensed sports wagering regulated by the Missouri Gaming Commission and restrict sports betting to individu- als physicallylocated in the state and over the age of 21. Theamendment includes a 10% wagering tax on revenues received to be appropriated for educational institutions in Missouri.
A “no” vote will not amend the Missouri Constitution regarding licensed regulated sports wagering.
If passed, this measure will have no impact on taxes.