State officials lobby Missouri Senate panel to legalize sports wagering in 2022

State officials lobby Missouri Senate panel to legalize sports wagering in 2022

Article brief provided by The Center Square
  • John Haughey, The Center Square
September 16, 2021 11:42 PM
  • John Haughey, The Center Square

Fiscal year 2021, which ended June 30, was a record year for the Missouri Lottery with ticket sales up by nearly 20% and receipts topping $1.8 billion, netting $345 million for state education programs.

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But if Missouri lawmakers allowed new products, such as sports wagering, and took steps to “modernize our channels of distribution” through online lottery ticket sales, revenues would dramatically increase – and quickly.

That was the pitch Wednesday by Missouri Lottery Executive Director May Reardon and Missouri Gaming Commission General; Counsel Edward Grewach before the Senate Economic Development Committee, who also called on lawmakers to crack down on unregulated gaming occurring on an estimated 15,000 “gray market” video game terminals across the state.