{"id":44923,"date":"2024-08-21T14:52:31","date_gmt":"2024-08-21T14:52:31","guid":{"rendered":"https:\/\/casinoapps.com\/?p=44923"},"modified":"2024-08-21T14:52:31","modified_gmt":"2024-08-21T14:52:31","slug":"draftkings-shells-out-3-5m-in-donations-supporting-missouri-sports-betting-initiative","status":"publish","type":"post","link":"https:\/\/casinoapps.com\/2024\/08\/21\/draftkings-shells-out-3-5m-in-donations-supporting-missouri-sports-betting-initiative\/","title":{"rendered":"DraftKings Shells Out $3.5M in Donations Supporting Missouri Sports Betting Initiative"},"content":{"rendered":"

DraftKings’ parent company, DK Crown Holdings, has contributed $3.5 million to the political action committee (PAC) advocating for the Missouri sports betting ballot initiative, according to recent filings with the Missouri Ethics Commission.<\/p>\n

DraftKings’ donation comes after a constitutional amendment for legalized sports betting was certified for the Nov. 5 ballot<\/h2>\n

Last Tuesday, Secretary of State Jay Ashcroft certified a constitutional amendment for the Nov. 5 ballot that will ask voters whether to legalize and tax betting on major sporting events.<\/p>\n

DraftKings’ donation is an effort to sway Missouri voters towards legalizing sports betting, giving the campaign a substantial financial boost. This latest contribution has propelled the PAC, named Winning for Missouri Education, beyond the $10 million mark in total fundraising proceeds.<\/p>\n

The multimillion-dollar donation from the sports betting giant came shortly after Ashcroft confirmed that the campaign had gathered enough signatures to secure a spot on the upcoming ballot.<\/p>\n

Winning for Missouri Education said it submitted more than 340,000 signatures in May to force a statewide vote.<\/p>\n

Missouri would tax sports betting at 10% under the proposal<\/h2>\n

This proposed constitutional amendment would allow the Kansas City Chiefs, Kansas City Royals, Kansas City Current, St. Louis Blues, St. Louis Cardinals, and St. Louis City SC to have a license to accept bets on games.<\/p>\n

Legalized sports betting would allow the state\u2019s casino operators to be eligible for a license along with two online betting platforms<\/a>. Missouri would tax sports betting at 10% under the proposal.<\/p>\n

If passed by voters, the initiative would align Missouri with 38 other states that have already legalized sports betting, enhancing revenue streams for education and gambling addiction programs.<\/p>\n

According to a recent poll, the majority of Missourians support legalized sports wagering. The poll released in March revealed that 60% of potential voters believe that betting on professional sports should be legalized. Approximately 25% were opposed, while the remaining 14% said they were unsure.<\/p>\n

Voters will also decide whether to overturn the state’s abortion ban, raise minimum wage<\/h2>\n

Additionally, legislation to legalize sports betting has also been impeded by a dispute over video lottery terminals. The casino-like slot machines can be found across the state at bars, gas stations, and truck stops.<\/p>\n

Lawmakers were divided on whether a sports betting bill should also regulate and tax the gas station slots. The proposed constitutional amendment would only legalize sports betting and does not address the video terminals.<\/p>\n

Missouri voters will also decide in November whether to overturn the state\u2019s ban on abortion and raise minimum wage. Ashcroft\u2019s office certified both measures last week as well.<\/p>\n","protected":false},"excerpt":{"rendered":"

DraftKings’ parent company, DK Crown Holdings, has contributed $3.5 million to the political action committee (PAC) advocating for the Missouri sports betting ballot initiative, according to recent filings with the Missouri Ethics Commission. DraftKings’ donation comes after a constitutional amendment for legalized sports betting was certified for the Nov. 5 ballot Last Tuesday, Secretary of … <\/p>\n","protected":false},"author":256,"featured_media":44924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1774],"tags":[62,1775,1776,1778],"acf":[],"yoast_head":"\nDraftKings Shells Out $3.5M in Donations Supporting Missouri Sports Betting Initiative<\/title>\n<meta name=\"description\" content=\"DraftKings' parent company, DK Crown Holdings, has donated $3.5 million to the Winning for Missouri Education campaign for sports betting.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/casinoapps.com\/2024\/08\/21\/draftkings-shells-out-3-5m-in-donations-supporting-missouri-sports-betting-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DraftKings Shells Out $3.5M in Donations Supporting Missouri Sports Betting Initiative\" \/>\n<meta property=\"og:description\" content=\"DraftKings' parent company, DK Crown Holdings, has donated $3.5 million to the Winning for Missouri Education campaign for sports betting.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/casinoapps.com\/2024\/08\/21\/draftkings-shells-out-3-5m-in-donations-supporting-missouri-sports-betting-initiative\/\" \/>\n<meta property=\"og:site_name\" content=\"Latest Casino Apps & Other Apps News - 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