Myth vs. Fact on VLTs
MYTH: Video Lottery Terminals (VLTs) would not be subject to the same gaming laws required of others.
FACT: Under SB 1, VLTs would be regulated by the State Lottery Commission, which regulates lottery ticket sales, casinos and other legal gaming in Missouri.
MYTH: VLTs would be placed in locations easily accessible by children.
FACT: Under SB 1, VLTs would be required to be placed in fully enclosed rooms, monitored by video surveillance and supervised to ensure no one under 21 is allowed access.
MYTH: Veterans and children are unlikely to benefit from VLTs as promised.
FACT: Under SB 1, VLTs would provide an estimated $250 million annually for veterans and small businesses; and Missouri students and veterans would benefit from another estimated $250 million for state government services including K-12 education and veterans services.
MYTH: Sports wagering would generate significantly more funding for Missouri state government than VLTs.
FACT: Sports wagering is expected to bring in $10 million in annual revenue to the state, which is significantly less than the $250 million VLTs will deliver annually for veterans, students and other state government priorities.
MYTH: VLTs would cannibalize casino profits at the expense of Missourians.
FACT: In states that allow both casinos and VLTs, casinos continue to reap record profits. In Pennsylvania, for example, casinos are setting revenue records even as VLTs are performing well at the same time.