missouri sports betting

Caesars contributes $4m to campaign against legal Missouri sports betting

Caesars Entertainment made $4m (£3m/€3.6m) in contributions to a campaign that aims to convince voters to say no to the Missouri legal wagering initiative backed by the state's professional sports teams.
The ‘Missourians Against the Deceptive Online Gambling Amendment’ political committee was formed on 10 September. And, according to records on the Missouri ethics commission (MEC) website, the casino giant funded the campaign on 13 September. The company made three separate contributions under the names of its casinos.

Tropicana St Louis, which is now the Horseshoe Casino, and the Isle of Capri Casino Booneville each donated $1.3m. Harrah’s North Kansas City contributed $1.4m.

Caesars so far is the only casino company in the state to take a clear stance on the issue of legal Missouri sports betting.

The initiative, which will be listed as Amendment 2 on the November ballot, survived a legal challenge last week. It would legalise statewide digital sports betting with platforms..

September 8, 2024

Judge rules Missouri wagering initiative will be on November ballot

One day after a seven-hour hearing, a Missouri judge on Friday (6 September) ruled that a ballot initiative that would allow for statewide mobile sports betting will stay on the ballot.
Cole County Circuit Judge Daniel R Green issued his decision Friday afternoon, hours after lawyers submitted proposed judgements. The decision came less than 24 hours after the hearing.

After more than five years of failed attempts at legalising sports betting in the state legislature, voters now get a shot.

The initiative case was one of two ruled on in Cole County Circuit Court on Friday. Amendment 3, which would make abortion legal in the state, was deemed invalid. Judge Christopher Limbaugh made the ruling, which proponents say they will appeal. There is a Tuesday deadline for a decision – which is when ballots are scheduled to be printed.

The wagering initiative, Amendment 2, is one of two gambling proposals Missourians will vote on. Amendment 5, if passed, would allow the state gaming commi..

September 6, 2024

Judge promises swift decision on fate of Missouri digital wagering initiative

An all-day hearing on Thursday (5 September) in a Missouri federal court did not yield a decision about whether or not a sports betting ballot initiative could move forward. But it was good theatre.
Cole County Circuit Judge Daniel R Green did not rule Thursday in Jacqueline Wood et al vs John Ashcroft, but did say to expect a quick decision.

In the lawsuit, Wood and fellow political consultant Blake Lawrence claim the voting districts used by the secretary of state to certify the Missouri wagering initiative are incorrect. In Missouri, a proposal needs verified signatures from 8% of voters in six of the state’s eight voting districts. Lawmakers redrew the congressional districts in 2020.

According to the lawsuit, the secretary of state’s office used old districts to determine if enough verified signatures were collected. It then used the new districts to determine where voters live.

Essentially that means that even if a signature came from a person who remains at the same address..

August 23, 2024

Missouri digital betting initiative faces legal challenge

Missouri's sports betting initiative is now facing a legal challenge, meaning there is a possibility that voters won't get a chance to weigh in on an issue that has been tied up in the legislature for more than five years.
On Thursday (22 August), the Missouri Independent reported that a lawsuit filed in Cole County Circuit Court contests how the secretary of state certified the initiative. The lawsuit came just over a week after the secretary of state announced that proponents had collected enough verified signatures to get on the ballot. The lawsuit was filed on Wednesday (21 August)

At issue is the voting districts used by the secretary of state to certify the initiative. In Missouri, a proposal needs verified signatures from 8% of voters in six of the state’s eight voting districts. Lawmakers redrew the congressional districts in 2020.

The Independent reported that according to the lawsuit, the secretary of state’s office used the old districts to determine if enough ..

August 16, 2024

State of the Union: DraftKings’ missteps, Missouri ballot measure

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.
DraftKings has “no excuse” to consider surcharge “cash grab”
Less than an hour after Flutter’s second-quarter earnings call ended on Tuesday, DraftKings announced that, after hearing customer feedback, it will back off plans to impose a winners’ surcharge. The company announced the idea in early August, only to get swift and negative feedback.

Wall Street reacted positively on Wednesday. DraftKings’ shares were up as high as $33.50 per share before they settled at $32.06, up nearly 2%. While Rush Street Interactive and Penn Entertainment previously said they would not follow DraftKings’ lead, the company was clearly waiting to see how FanDuel would react.

“We have no plans to introduce a surcharge to winners,” CEO Peter Jackson said during the Q&A portion of the call. He then declined to entertain the issue..

April 30, 2024

Missouri lawmaker trying again to marry VLTs and wagering gets plenty of pushback

A Missouri hearing with no vote on Tuesday (30 April) again revealed opposition to marrying legal video lottery terminals with sports betting. This time around, it wasn't Senator Denny Hoskins carrying the bill, but House Minority Leader Crystal Quade.

HB 2835 likely won’t get far. Assigned last week to the special committee on innovation and technology, the bill got its first hearing with opposition from casinos, a convenience store association and the home docks, or locations where gambling boats sit .

There were also references that the senate has plans to adjourn early. One lawmaker suggested it may adjourn on Tuesday. If that happens, current bills would stall and lawmakers would have to wait to see if there will be a special session. The senate has not yet approved a budget.

Quade’s bill would allow for statewide mobile wagering and renames and defines video lottery terminals as “mechanical amusement machines”. The machines currently operate in a grey market. They are ..

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Tag: missouri sports betting