Current:Home > NewsMissouri’s pro sports teams push to get legal sports gambling on 2024 ballot -Wealth Impact Academy
Missouri’s pro sports teams push to get legal sports gambling on 2024 ballot
View
Date:2025-04-17 09:17:30
JEFFERSON CITY, Mo. (AP) — A coalition of Missouri’s professional sports teams is backing a new effort to legalize sports betting that could put the issues to voters on the 2024 ballot.
After missing out on millions of dollars in betting revenues over the past several years, the sports teams decided they are done waiting for the Missouri Legislature to act and instead have taken the first step toward an initiative petition drive that would circumvent lawmakers.
The effort is spearheaded by the St. Louis Cardinals baseball team, and also includes the Kansas City Chiefs football team, the Kansas City Royals baseball team, the Kansas City Current and St. Louis City soccer teams, and the St. Lous Blues hockey team.
Gathering petitions signatures and running an advertising campaign for a ballot measure can cost millions of dollars — a price the teams are committed to collectively help cover, said Mike Whittle, the Cardinals’ senior vice president and general counsel, on behalf of the coalition.
Legalized sports betting would “provide our fans a good, new exciting way to enjoy sports and root for our teams,” Whittle said Tuesday
Sports betting has expanded rapidly — it’s now legal in all but one of Missouri’s neighboring states — since the U.S. Supreme Court cleared the way for it five years ago. Kentucky became the 35th state with active sports betting when the NFL season began last week. Maine and Vermont have legalized it but are still working to set up their betting systems.
The last state to put sports betting on the ballot was California, where supporters and opponents of two competing proposals raised a record of around $460 million last year. Voters defeated both measures.
Earlier this year, the Missouri House voted 118-35 in favor of sports betting legislation, but it never received a Senate vote. Similar bills have repeatedly stalled in the Republican-led Senate because of a dispute about whether to pair sports betting with the regulation of slot-machine-style games that have been popping up in convenience stores.
As professional sports teams waited for a resolution on sports betting, lawmakers passed various other high-profile issues, including expanded gun rights and restrictions on transgender health care treatments.
“We’re not optimistic that kind of dynamic within the Missouri Senate will change,” Whittle said.
Several versions of an initiative petition were filed Friday with Secretary of State Jay Ashcroft’s office, which must approve an initiative summary before supporters can start gathering the roughly 180,000 signatures needed to qualify for the ballot by a May deadline.
The proposed constitutional amendment would allow each of Missouri’s professional sports teams and casinos to offer sports betting onsite and through online platforms that could be used anywhere in the state. Some of the different versions would allow up to four online sports betting companies to receive approval to operate directly from the state.
The professional sports teams have been in conversations about the Missouri ballot initiative with the Sports Betting Alliance, which consists of BetMGM, DraftKings, FanDuel and Fanatics Sportsbook, said Nathan Click, a spokesperson for the alliance.
Under the proposed initiative, Missouri would impose a 10% tax on adjusted gross sports betting revenue, after the payout of winnings and promotional bets to customers. A similar legislative proposal had been estimated earlier this year to generate around $30 million annually when fully implemented.
The proposed initiative would allot $5 million to a compulsive gamblers prevention fund, with much of the rest going to K-12 schools and higher education institutions.
Nationwide, state funding for problem gambling services has lagged behind recommended levels, with just 38 cents per capita spent in the 2022 fiscal year. But the most recent states to launch sports gambling all required at least a portion of the revenue to go toward helping addicted gamblers.
Missouri’s sports betting proposal is not the only prominent issue drawing attention from petitioners. Various ballot proposals also have been filed to relax Missouri’s prohibition on most abortions.
veryGood! (5197)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Six ways media took a big step backward in 2022
- Tori Bowie’s Olympic Teammates Share Their Scary Childbirth Stories After Her Death
- Kate Spade 24-Hour Flash Deal: Get This $300 Crossbody Bag for Just $59
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- With Sen. Kyrsten Sinema’s Snubbing of the Democrats’ Reconciliation Plans, Environmental Advocates Ask, ‘Which Side Are You On?’
- Ohio Governor Signs Coal and Nuclear Bailout at Expense of Renewable Energy
- Tree Deaths in Urban Settings Are Linked to Leaks from Natural Gas Pipelines Below Streets
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Soccer legend Megan Rapinoe announces she will retire after 2023 season
Ranking
- Don't let hackers fool you with a 'scam
- Make Waves With These 17 The Little Mermaid Gifts
- Hotels say goodbye to daily room cleanings and hello to robots as workers stay scarce
- U.S. Electric Bus Demand Outpaces Production as Cities Add to Their Fleets
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Ohio’s Nuclear Bailout Plan Balloons to Embrace Coal (while Killing Renewable Energy Rules)
- Kate Spade 24-Hour Flash Deal: Get This $300 Crossbody Bag for Just $59
- Climate Activists See ‘New Era’ After Three Major Oil and Gas Pipeline Defeats
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Ryan Reynolds Pokes Fun at Jessie James Decker's Husband Eric Decker Refusing to Have Vasectomy
Charlie Sheen and Denise Richards' Daughter Sami Clarifies Her Job as Sex Worker
Sam Bankman-Fried to be released on $250 million bail into parents' custody
A South Texas lawmaker’s 15
In Florida, Environmental Oversight Improves Under DeSantis, But Enforcement Issues Remain
Union wins made big news this year. Here are 5 reasons why it's not the full story
Warming Trends: Google Earth Shows Climate Change in Action, a History of the World Through Bat Guano and Bike Riding With Monarchs