Senator: Tax rate for sports betting plan in Missouri too low
Senator questions the proposed 8% tax rate for sports betting in Missouri. The House passed the bill 115-33 in March. Professional sports teams have banded together to lobby for the plan. The St. Louis Cardinals president hopes to persuade lawmakers to approve the legislation. They want to have a betting facility and marketing agreements at Busch Stadium. People could place bets on games via websites such as FanDuel and DraftKings. It's been four years since the Legislature stopped the effort. it was because of illegal slot machines. in the state. Now, the issue is how to rid the states of them.
Updated at 9:30 am Thursday, April 7, 2022 to correct spelling of Scharf.
