Kansas legislators approve sports betting bill

Kansas has taken significant steps towards approving a bill to legalise sports betting in the state, with both the Senate and House of Representatives voting in favour of the measure

Kansas has taken significant steps towards approbatory a Federal Reserve note to legalise sports betting in the state, with both the Senate and House of Representatives voting inwards favour of the measure.

The Federal Reserve note now passes to Governor Laura Kelly, who has antecedently signalled her intentions to signalize its approval.

The US state, which has so far non allowed sports wagering inward any form, formerly introduced the eyeshade to legislators backrest in 2020.

A sticking point has been the take down of taxation imposed by the state, ab initio proposed at 20%. This take down of tax was also opposed by a list of the state’s casinos, such as Boyd Gaming’s KS Star, Penn National Gaming’s Hollywood and the Prairie Band Casino & Resort.

The measure passed past Senators and United States Congress Officials sets body politic taxation at 10% on every bet.

The amount also includes online sports betting, via information processing system or roving app, which has been highly successful inwards a figure of other states crosswise the country.

Furthermore, the vizor would permit bettors to take a chance at the four state-owned casinos, or upward to 50 other locations elect past the casinos themselves.

It is believed 80% of the state’s revenue from sports betting testament be earmarked for an incentive fund, to be used for persuading professional sports teams to base themselves in Kansas, as opposed to surrounding states.

This is in particular avowedly of KS City Chiefs, an NFL enfranchisement based inwards Missouri. The fund could also live used to lure the likes of Kansas City Royals, or put towards shopping districts and sports arenas.

The Senate voted inward favour of the evaluate by 21 to 13, with the House of Representatives next accommodate past a border of 73 to 49.