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Missouri Trying for Sportsbetting
2/8/10 - Missouri politicians will soon be given the opportunity to debate yet another political proposal to repeal the Federal Professional And Amateur Sports Promotion Act (PASPA) of 1992 and legalise sportsbetting.
Missouri State Representatives Jason Grill and Mike Colona last week tabled House Concurrent Resolution 22, which calls on the United States Congress to repeal PASPA, the legislation that prohibits all but four states from offering sports wagering.
Owing to a brief experiment with parlay sportsbetting in 1976, the states of Delaware, Montana, Nevada and Oregon were exempted from the provisions of PASPA, a situation currently being challenged by New Jersey, which claims it is discriminatory towards other states of the Union. In addition, legislators in Iowa recently proposed legislation that would legalise sportsbetting in the state if the Federal ban were to be lifted.
The measure from the two Missouri Democrats calls on Congress to repeal PASPA so that states who wish to do so may share in the economic benefits of sportsbetting including the estimated $81.5 million that was legally wagered on the Super Bowl last year.
“The State Of Missouri would benefit significantly from an end to the Federal ban as sports wagering in this state would be subject to the existing gambling taxes in Missouri, thereby generating more income for the State Of Missouri,” the resolution reads.
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NBA Odds: Heat Can Burn Cavaliers in Cleveland -
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