{"id":1596349,"date":"2024-09-26T09:31:32","date_gmt":"2024-09-26T13:31:32","guid":{"rendered":"https:\/\/www.sportscasting.com\/?p=1596349"},"modified":"2024-09-26T09:31:32","modified_gmt":"2024-09-26T13:31:32","slug":"both-missouri-governor-candidates-back-legalization-of-the-missouri-sports-betting-bill","status":"publish","type":"post","link":"https:\/\/www.sportscasting.com\/news\/both-missouri-governor-candidates-back-legalization-of-the-missouri-sports-betting-bill\/","title":{"rendered":"Both Missouri Governor Candidates Back Legalization of the Missouri Sports Betting Bill"},"content":{"rendered":"
Missouri governor candidates Crystal Quade (D) and Mike Kehoe (R) both support legalized sports betting in the Show-Me State. This means whomever Missourians elect as their next governor will endorse sports wagering regulation.<\/p>\n
In addition to Quade and Kehoe, Libertarian candidate Bill Slantz supports pro-sports betting measure Constitutional Amendment 2, which Missouri voters will get to decide during the Nov. 5 general election.<\/p>\n
Amendment 2 would set the sports betting tax rate at 10%. Promotional credits are capped at 25% as well. The bill would also allow Missouri\u2019s professional sports franchises along with the state\u2019s 13 casinos to operate retail and\u00a0online sports betting<\/a>.<\/p>\n Two online betting platforms would be eligible to receive a license. Winning for Missouri Education is a campaign backing the sports betting ballot initiative. The coalition recently applauded the candidates for their support of legalized sports betting.<\/p>\n \u201cWe are honored that the two leading candidates to be Missouri\u2019s next chief executive both endorse legalizing sports betting as a new permanent, dedicated funding source for our classrooms, and plan to vote yes on Amendment 2,\u201d said Jack Cardetti, Winning for Missouri Education spokesperson.<\/p>\nEilers & Krejcik Gaming’s economic impact study shows grossing gaming revenue could reach nearly $560 million after five years<\/h2>\n