HB 4 Summary

• Establishes comprehensive framework for sports wagering in Missouri, allowing it through excursion gambling boats and interactive online platforms operated by licensed certificate holders.

• Imposes 10% tax on adjusted gross receipts from sports wagering, with revenues directed to the Gaming Proceeds for Education Fund; certificate holders pay initial application fees up to $100,000-$150,000 plus annual renewal fees.

• Requires sports wagering operators to implement responsible gambling programs, maintain patron records for three years, and prohibit wagering by athletes, coaches, referees, and other individuals who could undermine sporting event integrity.

• Designates sports wagering as a "game of skill" and mandates Missouri Gaming Commission oversight of all sports wagering operations, including rule adoption, device testing, and enforcement of age restrictions and self-exclusion programs.

• Establishes $500,000 annual appropriation from gaming commission fund to the Compulsive Gamblers Fund for treatment and prevention services, with annual research reporting on gambling's social and economic effects.