Missouri Amendment 2
Bill Number: Amendment 2 (Ballot Initiative)
Ballot Date: November 5, 2024
Summary: This proposed amendment to the Missouri Constitution aims to legalize and regulate sports betting in the state. It allows licensed entities-like gambling boats and professional sports teams-to offer sports wagering both online and in specific physical locations (like sports stadiums). It sets a minimum betting age of 21, creates licensing requirements, and imposes a 10% tax on betting revenues. The revenue generated will primarily fund educational institutions and compulsive gambling prevention programs. The Missouri Gaming Commission will oversee the industry, ensuring fairness, integrity, and responsible gaming practices. The bill also establishes rules for how sports betting will be advertised, ensuring it doesn't target minors or self-excluded individuals.