Kansas representative showcases bar stool over sweatshirt at Bill Hearing sports betting hearing
The journey to legalize Kansas sports betting continued this week.
Kansas officials discussed SB 84 during Kansas Meeting of the House of Commons Committee on Federal and State Affairs Thursday. The bill put forward by the Senate earlier this month, 26-12.
The Kansas Lottery believes that bettors could bet more than $ 600 million annually in the state.
Kansas Sports Betting Bill Inclusions
Under the bill, the state’s four casinos can open a retail sports betting site and partner with up to Three Kansas mobile sports betting. Sports venues – like Kansas Motor Circuit and Sporting Kansas City Mercy Children’s Park – could also join forces for an online sports betting space.
Bets can be placed on university events in the state in the proposed bill. The state would adopt a 5.5% in-person betting tax rate and 8% on online betting.
The bill also allows Kansas tribes that operate casinos to renegotiate their covenants to include Kansas sports betting.
KS supporters of the sports betting audience
government affairs executives Penn National Gaming and Boyd Gaming testified in favor of the bill.
The Two Boyds Ryan soultz and Penn Jeff Morris talked about limiting sports betting in Kansas to casinos and skin partners.
The pair also want to keep official league data requirements out of the bill.
âWhat may be ‘commercially reasonable’ for leagues – which face no competition – may be inconsistent with the reality of low margin for sports betting operators in a hyper-competitive environment,â Morris said.
BetMGM, FanDuel and DraftKings also supported the bill during the process.
Bar stool has a fan on the board
Another promoter sat quietly during the hearing wearing a Sport Bar Stool Sweat “Positive Vibes Only”: member of the committee Rep. Samantha Poetter Parshall.
After the hearing, she tweeted her support for the legalization of sports betting in Kansas, and more specifically her favorite choice:
Wear my @BarstoolSports pull over at Federal & State Affairs bc, we hear a bill to legalize sports betting in Kansas. It’s time for apps like @BSSportsbook be legal in Kansas. #PositiveVibesOnly #To the Moon #ksleg pic.twitter.com/9XMG40FGdG
– Samantha Poetter Parshall (@SamanthaPoetter) March 18, 2021
Opposition to KS Sports Betting Bill
Representative Francis Awerkamp spoke out against the bill. The main criticism of Awerkamp is the lack of money that would end up in state funds under the bill. Without citing any attributed evidence, he said that if only the Kansas Lottery organized sports betting, the state could end up with $ 27 million annually vs. $ 2.5 million if performed by casinos.
Also against the bill are several supporters of greyhound racing because the bill excludes dog racing.
Nick reinecker said money going to a problem gambling fund needs to be more explicit in its language. Deb stidham, president of the Kansas Association of Substance Abuse Professionals, was a neutral witness recommending 2% of income goes to the Problem Gambling and Drug Addiction Fund.
Fill with parlays?
True fuel Executive director Tom palace spoke on behalf of the state’s energy and convenience stores.
“We oppose this bill for a reason: we are not there,” Palace said. âWe are always looking for more people in our stores. It would be a natural fit.
Differences from the Kansas HB 2199
Bill 2199 stuck in House committees.
The bill takes Kansas sports betting out of casinos and allows convenience stores and retailers that sell lottery tickets to offer sports betting.
Retail bets would be single outcome bets, with in-game bets always being under the casinos. The House bill would tax state retail betting to 14% and online betting on 22%.