A push to legalize Missouri online sports betting is set to hit several key milestones in the coming weeks.
Supporters of a proposed ballot measure that would allow Missouri voters to approve sports betting must report their latest financial statements by July 15. The quarterly report submitted to the Missouri Secretary of State’s Office will give a clearer picture of the support the effort has garnered.
The nation’s two highest-grossing sportsbooks have contributed almost all the roughly $6.5 million raised to support the sports betting measure. The campaign reported nearly $6 million in expenditures as of May 15. DraftKings and FanDuel contributed more than $50 million to a 2022 campaign to bring sports betting to the Golden State. BetMGM, Fanatics, Bally Bet, WynnBet, and PENN Entertainment contributed at least $10 million apiece.
Before the California rejection, voters in New Jersey, Colorado, Maryland, Nebraska, and South Dakota all approved sports betting legalization initiatives on their respective ballots.as well as its major pro sports teams would be able to partner with mobile sportsbooks. This would create one of the largest numbers of potential operators, but it is unlikely that all the eligible entities will reach sports betting partnerships.
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