SB 1009 Summary

• Authorizes sports wagering on excursion gambling boats in Missouri once federal prohibition is repealed or declared unconstitutional by the U.S. Supreme Court

• Requires licensed applicants to obtain a certificate of authority from the Missouri Gaming Commission and pay a $10,000 initial application fee to conduct sports wagering at their licensed facility

• Imposes a 6.25% wagering tax on adjusted gross receipts from sports wagering, with revenue deposited to the Gaming Proceeds for Education Fund

• Establishes comprehensive regulatory framework including age verification (minimum 21 years), prohibited wagering by insiders and athletes, self-exclusion programs, and maintenance of betting records for at least three years

• Allows sports wagering through designated facility areas, limited mobile gaming systems, and interactive online platforms with Commission-licensed providers paying $10,000 initial and $5,000 annual renewal fees