Kansas Sports Betting Bill Hearing Highlighted By Rep In Bar Stool Equipment
Bet the journey to legalization Kansas Sports betting continued this week.
Kansas officials discussed SB 84 during one Kansas Meeting of the Federal and State Committee of the House of Representatives Thursday. The bill went through that senate earlier this month, 26-12.
The Kansas Lottery According to estimates, weather could more than set $ 600 million annually in the state.
Kansas Sports Betting Bill Inclusions
Under the bill, the four state-owned casinos can open a sports betting retail store and work together for up to ten years three mobile Kansas sports betting. Sports facilities – like Kansas Speedway and Sporting Kansas City Children’s Charity Park – could also be a partner for an online sports betting area.
In the proposed bill, bets can be placed on state college events. The state would enact a 5.5% Tax rate for personal betting and 8th% on online betting.
The bill also allows Kansas tribes who operate casinos to renegotiate their pacts to include Kansas sports betting.
Proponents of hearing about KS Sports Betting
Government executives Penn National Gaming and Boyd Gaming testified in support of the bill.
Both from Boyd Ryan Soultz and Penn’s Jeff Morris talked about restricting sports betting in Kansas to casinos and home partners.
The couple also want to keep the league’s official data requirements out of the bill.
“What may be ‘economically sensible’ for the non-competitive leagues may contradict the reality of sports betting in a highly competitive environment,” said Morris.
BetMGM, FanDuel and DraftKings also backed up the invoice during the process.
Barstool has a fan on the committee
Another advocate sat still and wore one during the hearing Sport bar stool Positive Vibes Only sweatshirt: Committee member Rep. Samantha Poetter Parshall.
After the hearing, she tweeted her support for sports betting legalization in Kansas, and in particular her preferred choice:
With my @BarstoolSports sweater at Federal & State Affairs, we’re hearing a bill legalizing sports betting in Kansas. It’s time for apps like @BSSportsbook to be legal in Kansas. #PositiveVibesOnly #ToTheMoon #ksleg pic.twitter.com/9XMG40FGdG
– Samantha Poetter Parshall (@SamanthaPoetter) March 18, 2021
Opposition to KS Sportwetten bill
MP Francis Awerkamp spoke out against the bill. Awerkamp’s main problem is the lack of money that would actually end up in state funds under the bill. Without citing any attributed evidence, he said if only the Kansas Lottery offered sports betting, the state could end it $ 27 million annually vs. $ 2.5 million when run through the casinos.
Several proponents of greyhound racing are also against the bill, as the bill excludes dog racing.
Nick Reinecker said the money going into a troubled gambling fund needs to be more explicit in his language. Deb Stidham, President of Kansas Association of Addiction Professionalsa neutral witness was recommended 2% of the proceeds go to the Problem Gambling and Addiction Fund.
Fill up with parlays?
Fuel is correct chief Executive Officer Tom Palace spoke on behalf of the state’s energy and convenience stores.
“We are against this bill for one reason: we are not in it,” said Palace. “We’re always looking for more people in our stores. That would be a natural fit. “
Differences from Kansas HB 2199
House bill 2199 stalled within the committees of the house.
The bill provides Kansas sports betting outside of the casinos and allows convenience stores and retailers that sell lottery tickets to offer sports betting.
The retail bets would be simple outcome bets with the in-game bets still below the casinos. The house bill would tax the state’s retail bets at 14% and online betting at 22%.