...
DFS & Sports Betting Tools, Exclusive Content, and Expert Chat
 
DFS & Sports Betting Tools, Exclusive Content, and Expert Chat
 
Home / Missouri Sports Betting
Tag:

Missouri Sports Betting

The race to legalize sports betting in Missouri continues to show positive momentum, with the latest Emerson College/The Hill poll revealing that 52% of voters are in favor of legalizing the industry. Despite an emerging opposition campaign, support for the Missouri sports betting ballot question remains robust.

According to the survey, conducted between September 12–13, 25% of Missourians oppose the measure, while 22% remain undecided. With a 3.3% margin of error, the poll demonstrates a steady increase in support, especially among those advocating for the education funding benefits of legalized sports betting.

Benefits for Missouri Education

Proponents of the measure, led by the Winning for Missouri Education campaign, emphasize the potential revenue boost that legalized sports betting would bring to the state’s education system.
Jack Cardetti, spokesperson for Winning for Missouri Education, stated:
“Missouri voters understand the potential for sports betting to deliver enormous benefits to our students and teachers. The revenue generated from legal sports betting will support our schools and provide much-needed funding to improve education across the state.”

The campaign, backed by Missouri’s six professional sports teams and industry giants DraftKings and FanDuel, has received more than $11.5 million in contributions. The measure was certified for the November 5 ballot after collecting 370,000 signatures, but not without facing a legal challenge.

Opposition Ramps Up

Following a lawsuit challenging the ballot certification — which was ultimately dismissed — the opposition group Missourians Against the Deceptive Online Gambling Amendment emerged. Led by Caesars and its three Missouri-based casinos, the group has contributed over $4 million to fight the initiative.

The opposition’s main concern lies in the ballot question’s structure, which allows for two untethered online sportsbook licenses. Under the measure, each casino operator would receive one online sports betting skin, while previous sports betting legislation allowed for multiple skins without untethered licenses. Missouri’s land-based casino operators have expressed dissatisfaction with this approach, fearing it may limit their market potential.

Voter Sentiment and Educational Funding

Polling numbers from August showed 50% of voters supporting the sports betting question, with 21% undecided. The recent uptick in support comes on the heels of the Winning for Missouri Education campaign’s first TV advertisement, which highlights the 10% tax on sports betting that will go directly toward funding public education.

The need for additional funding has become more pressing, with the Missouri Department of Elementary and Secondary Education reporting a $100 million shortfall in state education funding for the current school year.

Looking Ahead

As November 5 approaches, both sides are ramping up efforts to sway public opinion. While supporters of legalized sports betting continue to emphasize the potential educational benefits, the opposition campaign is focusing on the perceived limitations and risks associated with the proposed ballot question.

With the backing of major sports betting operators and a steadily growing number of supportive voters, the ballot initiative remains a critical issue to watch in Missouri this election season.

0 comments
0 FacebookTwitterPinterestEmail

Caesars Entertainment has contributed more than $4 million to a campaign aimed at defeating the Missouri sports betting ballot initiative scheduled for the Nov. 5 general election. Through its three Missouri-based casinos, Caesars donated $4,156,202.79 to the Missourians Against the Deceptive Online Gambling Amendment, a campaign actively opposing the initiative.

Caesars’ Opposition to the Ballot Initiative

Reports indicate that Caesars is against the proposed initiative, which would limit the company to a single online sportsbook license if sports betting is approved in the state. According to filings with the Missouri Ethics Commission, Caesars made four significant contributions to the opposition campaign through its corporate entity and casinos, as follows:

  • Caesars Enterprise Services: $156,202.79
  • Tropicana St. Louis: $1,300,000
  • Harrah’s North Kansas: $1,400,000
  • Isle of Capri Boonville: $1,300,000

Opposition’s Standpoint

A press release from the campaign suggests the Amendment 2 initiative mainly benefits out-of-state corporations. Brooke Foster, a spokesperson for Missourians Against the Deceptive Online Gambling Amendment, called the measure “deceptive” and argued that it would not serve the best interests of Missouri.
“This deceptive measure was written by and for the financial benefit of its out-of-state corporate sponsors and funders,” Foster said.

Details of the Ballot Initiative

Under the proposed measure, Missouri’s casinos would receive one online sports betting license, with two untethered licenses available for other sports betting companies. Caesars’ opposition likely stems from this limitation, as previous sports betting bills in the state allowed for multiple online betting skins per casino.

If passed, each Missouri sports team and casino would be eligible for one retail and one online sports betting license. These entities could partner with one online sports betting operator.

Lawsuit Fails to Stop Initiative

Opposition to the ballot initiative has grown, especially after a lawsuit aimed at removing the sports betting question from the ballot was defeated. The lawsuit, filed on Aug. 21 by Jacqueline Wood and Blake Lawrence, alleged that Secretary of State Jay Ashcroft incorrectly calculated valid signatures needed to get the initiative on the ballot. The judge ruled in favor of the initiative’s proponents.

FanDuel Supports the Initiative

On the other side of the debate, FanDuel contributed $1.5 million to the Winning for Missouri Education campaign, which supports the ballot initiative. FanDuel and DraftKings, who would be eligible for untethered online sports betting licenses if the initiative passes, have donated a combined total of $11.55 million to support the measure.

0 comments
0 FacebookTwitterPinterestEmail

Subscribe to our newsletter

The best bets and resources to make you more profitable

    Our Company

    At WIN DAILY®, our motto is to “change your game and change your life.” We want to help you win that bet, parlay, and big DFS tournament and have some fun while you do. Our goal is to help you turn your love of sports into a profit center while playing responsibly and enjoying your time with a like-minded community.

    ©2024 WIN DAILY®. ALL RIGHTS RESERVED.

    This site is 100% for entertainment purposes only and does not involve real money betting. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. This service is intended for adult users only.
    -
    00:00
    00:00
    Update Required Flash plugin
    -
    00:00
    00:00