- FanDuel donated another $4.6 million to the Winning for Missouri Education Campaign
- FanDuel and DraftKings have donated $40.7 million to the pro-sports betting campaign
- Missouri voters will decide the fate of legalized sports betting in the state during the upcoming Nov. 5 election
The money keeps pouring in for legalized Missouri sports betting.
Betfair, the parent company of FanDuel, donated $4.6 million to the Winning for Missouri Education campaign last week as the state moves towards the Nov. 5 general election.
FanDuel has donated $20.375 million to the pro-sports betting campaign to fund the campaign’s efforts to legalize the new form of gaming in the state.
DraftKings, FanDuel All In on Missouri
Since January of 2024, FanDuel and DraftKings have donated millions to the Winning for Missouri Education campaign to legalize sports betting in the Show-Me State. In total, the two companies have donated $40.7 million to the campaign, according to the Missouri Ethics Commission.
The two sports betting giants have focused their efforts, and their money, on pushing legalization of sports betting in the state. After years of failed legislative efforts, the constitutional amendment question appearing on the Nov. 5 general election ballot poses the best chance the state has to legalize sports betting.
If voters approve the constitutional amendment at the polls next week, each Missouri sports team and casino would be eligible to operate retail and online sports betting. Each team and land-based casino would be eligible for one retail sports betting license and one online sports betting license each. Each individual team and casino would be able to partner with up to one online sports betting operator.
In total, the state could see 19 retail sports betting licenses and 21 online sports betting licenses under this framework.
Bipartisan Support for Sports Betting
Last week, the Winning for Missouri Education campaign announced Senate President Pro Tem Caleb Rowden (R-19) and Sen. Brian Williams (D-14) have both endorsed the passages of Amendment 2 to legalize sports betting.
The campaign announced the endorsement in a new ad that began to air last week.
“We are proud to have a growing list of leaders from all political backgrounds standing together to support Amendment 2. Right now, millions of dollars are leaving Missouri as people cross state lines to place bets. Amendment 2 will bring those dollars back home and ensure the tax revenue stays here, benefiting Missouri schools. This is a real opportunity for voters to make an impact,” Winning for Missouri Education spokesperson Jack Cardetti said in a press release.
To date, the campaign has received endorsements from both gubernatorial candidates, Lieutenant Gov. Mike Kehoe (R) and House Minority Leader Crystal Quade (D), plus civic groups like Freedom Inc. and the St. Louis and Kansas City Building & Construction Trades Councils.
Plus, the state’s two largest newspapers, The Kansas City Star and The St. Louis Post-Dispatch, have both officially endorsed a “yes vote” on Amendment 2 at the polls.
FanDuel, one of the leading sports betting companies in the United States, has recently announced a significant increase in their donation to the Missouri Sports Betting Campaign. The company has pledged to contribute millions of dollars to support efforts to legalize sports betting in the state.
This decision comes as Missouri lawmakers are considering legislation that would allow for the regulation and taxation of sports betting within the state. FanDuel’s increased donation is seen as a way to show their support for these efforts and to help push the legislation forward.
The company has been a strong advocate for legalizing sports betting in Missouri, citing the potential economic benefits that it could bring to the state. In addition to generating revenue for the state through taxes on sports betting, FanDuel believes that legalization could also create new jobs and stimulate economic growth.
FanDuel’s donation will be used to fund advertising campaigns, lobbying efforts, and other initiatives aimed at garnering support for sports betting legalization in Missouri. The company hopes that their contribution will help to sway lawmakers and convince them of the benefits of regulating sports betting.
In recent years, sports betting has become increasingly popular across the United States, with many states legalizing the activity in order to capitalize on its potential economic benefits. FanDuel has been at the forefront of this trend, offering online sports betting services in multiple states and partnering with professional sports leagues to promote responsible gambling.
With their increased donation to the Missouri Sports Betting Campaign, FanDuel is demonstrating their commitment to expanding access to legal sports betting and supporting efforts to regulate the industry in a responsible manner. As the debate over sports betting legalization continues in Missouri, FanDuel’s contribution could play a key role in shaping the outcome of this important issue.