MO HB2989

Creates the "Missouri Video Lottery Regulatory Act" establishing a licensing framework for video lottery game terminals at retail locations, with a 31% adjusted gross gaming revenue tax and 3% municipality/county administration tax, limiting retailers to 8 terminals maximum per location

Distributes video lottery revenue to public elementary/secondary education, higher education, a new Public Elementary and Secondary School Construction and Rehabilitation Grant Fund (20% of proceeds), and various state funds including veterans commission and developmental disabilities support

Establishes the "Illegal Gaming Enforcement Fund" and authorizes Missouri State Highway Patrol to investigate illegal gambling, requiring at least one investigator per troop region focused on gambling crimes enforcement

Modifies casino admission fees to $2 (adjusted annually for inflation) per person every two hours present in gambling areas, with portions directed to historic preservation, veterans commission, and the gaming commission fund

Strengthens gambling offense penalties by upgrading the offense of gambling from a class C misdemeanor to a class A misdemeanor, and expands the definition of "slot machine" and "gambling device" to capture modern electronic gaming devices