Bill > SB862

This bill establishes a comprehensive regulatory framework for video lottery game terminals in Missouri, creating a new system of regulated gambling that aims to provide additional funding for education programs and resources for municipalities and counties. The bill creates the Missouri Video Lottery Regulatory Act, which allows for the licensing and operation of video lottery game terminals in qualifying establishments, with strict regulations on their placement, operation, and oversight. Key provisions include limiting terminals to eight per location, restricting play to adults 21 and over, establishing a 31% tax on adjusted gross gaming revenue, and creating mechanisms for revenue distribution, including allocating funds to education, veterans' services, and local municipalities. The bill establishes detailed licensing requirements for video lottery game manufacturers, distributors, operators, retailers, and handlers, with background checks, licensing fees, and strict rules about who can participate in the industry. The legislation also creates the Illegal Gaming Enforcement Fund and the Missouri Gaming Bureau to provide oversight and investigation capabilities, and preempts local governments from creating additional regulations beyond those outlined in the bill. The video lottery game terminals are specifically defined to differentiate them from illegal gambling devices, and the bill sets technical standards for their operation, including minimum payout percentages and random number generation requirements.

Budget and Finance

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=401