Current:Home > NewsMissouri’s pro sports teams push to get legal sports gambling on 2024 ballot -Aspire Money Growth
Missouri’s pro sports teams push to get legal sports gambling on 2024 ballot
View
Date:2025-04-18 11:41:08
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! (7332)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Sports gambling creeps forward again in Georgia, but prospects for success remain cloudy
- SEC chair denies a bitcoin ETF has been approved, says account on X was hacked
- Adan Canto, known for his versatility in roles in ‘X-Men’ and ‘Designated Survivor,’ dies at 42
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- New Mexico man pleads guilty in drive-by shootings on homes of Democratic lawmakers
- Michigan finishes at No. 1, Georgia jumps to No. 3 in college football's final US LBM Coaches Poll
- Nebraska upsets No. 1 Purdue, which falls in early Big Ten standings hole
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- 'This is goodbye': YouTuber Brian Barczyk enters hospice for pancreatic cancer
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- No charges to be filed in death of toddler who fell into cistern during day care at Vermont resort
- All the movies you'll want to see in 2024, from 'Mean Girls' to a new 'Beverly Hills Cop'
- Apple is sending out payments to iPhone owners impacted by batterygate. Here's what they are getting.
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit
- SEC chair denies a bitcoin ETF has been approved, says account on X was hacked
- Product recall: Over 80,000 Homedics personal massagers recalled over burn and fire risk
Recommendation
Meta releases AI model to enhance Metaverse experience
Hydrogen energy back in the vehicle conversation at CES 2024
2 boys who fell through ice on a Wisconsin pond last week have died, police say
County official Richardson says she’ll challenge US Rep. McBath in Democratic primary in Georgia
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Energy drinks like Red Bull, Monster and Rockstar are popular. Which has the most caffeine?
Unsealing of documents related to decades of Jeffrey Epstein’s sexual abuse of girls concludes
South Korean opposition leader released from hospital a week after being stabbed in the neck