JEFFERSON CITY – Under legislation filed by state Sen. Denny Hoskins, R-Warrensburg, illegal gaming devices now in use in businesses and clubs would be replaced with regulated and transparent video lottery terminals, VLTs, overseen by the Missouri Lottery Commission. Hoskins’ legislation would mandate transparency and oversight from state regulators. The legislation also requires 36% of the gross receipts from VLTs go into funding Missouri’s education system. “We can’t be certain just how much money is being generated by illegal devices, but I am confident it is in the multiple millions,” Hoskins said. “Other states have adopted legislation similar to what I am proposing, and their experience has produced a solid revenue stream and has eliminated fraud and tax evasion.” The legislation requires a central communication system to oversee the placement and movement of VLTs in the state. The system also will maintain a transparent accountin...