SB 452 - This act establishes the Missouri Video Lottery Control Act.
This act requires the State Lottery Commission to implement a system of video lottery game terminals and to issue licenses to video lottery game manufacturers, operators, handlers, and retailers, as defined in the act. The Commission shall not allow a single vendor or licensee to be responsible for implementing the program, nor shall it allow a single vendor or licensee to control or operate more than twenty-five percent of video lottery game terminals in the state.
The Commission may impose a non-refundable application fee, as described in the act. Manufacturers, operators, handlers, and retailers shall be required to annually remit a license fee, and licensees shall be required to renew licenses every two years. All fees collected by the Commission for license renewals shall be distributed to the Missouri Veterans Commission. The Commission shall issue provisional licenses as described in the act.
Video lottery game terminals shall be independently tested, capable of randomly generating the outcome of games, and be able to print tickets.
No licensed video lottery operator shall offer a single game play exceeding two dollars or offer a pay-out for a single game-winning play in excess of five hundred dollars. Operators shall not operate more than five terminals at one retail establishment, except fraternal or veterans organizations may operate up to ten terminals.
Video lottery game operators are prohibited from offering anything of value other than the percentage of adjusted gross receipts to a video lottery game retailer for the placement of video lottery terminals. Persons violating such prohibition are subject to the loss or prohibition of his or her video lottery game operator's license.
Video lottery game operators shall pay to the Commission thirty-five percent of the video lottery game adjusted gross receipts to be appropriated solely for public institutions of higher education. The Commission shall compensate the administrative costs of the city or county in which a video lottery retailer maintains an establishment in an amount equal to five percent of the video lottery game adjusted gross receipts. Sixty-five percent of video lottery game adjusted gross receipts shall be retained by video lottery game operators and shall be split between video lottery game operators and video lottery game retailers as provided under an agreement.
All license renewal fees collected by the Commission shall be distributed to the Veterans Commission Capital Improvement Trust Fund.
This act is substantially similar to HB 990 (2017).