Intro: | Online fantasy sports can avoid education taxes because they are a game of skill, according to the Missouri House Thursday. |
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RunTime: | 0:42 |
OutCue: | SOC |
Wrap: Fantasy sports websites, such as FanDuel and DraftKings, would not be considered gambling and thereby avoid education taxes under a House-approved measure.
Columbia Representative Caleb Rowden said the game is not gambling because a small amount of players earn most of the money involved.
Actuality: | ROWDEN3.WAV |
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Run Time: | 00:12 |
Description: The argument is that this is not gambling, this is a game of skill, not dissimilar to someone who hones their craft as a college athlete becoming a pro to be paid for what they do. |
The bill denies Missouri more public education revenue that could improve two failing and five near-failure school districts.
The measure passed the House by a 104-38 vote.
Reporting from the state Capitol, I'm Jack Morrisroe.
Intro: | Fantasy sports websites would avoid education taxes that in-state casinos pay under legislation the Missouri House approved Thursday. |
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RunTime: | 0:40 |
OutCue: | SOC |
Wrap: Fantasy sports websites, such as FanDuel and DraftKings, would not be considered gambling and thereby avoid education taxes under a House-approved measure.
The bill's opponents said the games have a chance element, and would take away from much needed education funding.
Actuality: | ROWLAND1.WAV |
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Run Time: | 00:11 |
Description: We have casinos in the state of Missouri that are paying taxes toward education and we're giving a corporate carve-out to this particular special interest group and they're not having to pay the taxes for education. |
Supporters of the measure say the game is not gambling because a small amount of players make most of the money from the games.
The bill passed the House by a vote of 104-38.
Reporting from the state Capitol, I'm Jack Morrisroe