Missouri Sports Betting Legalization Nears Decision Day

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00:00And Jim, we're getting closer and closer to the big day in November.

00:07I know there's certainly a lot of momentum and a lot of money going toward this possibility

00:13of Missouri legalizing sports betting this year.

00:17Yeah, we're inside of a month now at this point, Craig, and the money seemingly continues

00:24to flow in on both sides of that Missouri sports betting ballot question that the voters

00:31will be faced with in the first few days of November.

00:34So on Monday, we saw FanDuel contribute another $5 million in favor of legalized sports betting

00:45in Missouri.

00:47And on the flip side of that, we saw Caesars contribute nearly $3.5 million against the

00:56legalization effort happening in Missouri.

01:00So for FanDuel, that $5 million brings it on par with its rival DraftKings in terms

01:06of campaign contributions in favor of legalized Missouri sports betting.

01:12Each of those popular sportsbooks has now contributed just shy of $16 million apiece.

01:20On the opposition side, for Caesars, industry sources have told a handful of us at Legal

01:28Sports Report over the last couple of weeks that Caesars is not in favor of the ballot

01:34question language, specifically the untethered licenses that would be available should this

01:41ballot question pass in November.

01:43So they're throwing money behind the opposition effort, $3.3 million they contributed on Monday

01:53from the third of three of their land-based casinos in Missouri.

01:59So now each of their land-based casinos has now contributed individually over $3 million,

02:06bringing the total both for and against in terms of overall campaign contributions to

02:13about $44 million.

02:15So certainly a lot of money behind this initiative, this effort to legalize sports betting in

02:23Missouri.

02:24Both gubernatorial candidates in the Show-Me State have both signaled their support for

02:30legalized sports betting.

02:32The most recent polling that we've seen shows 52% of support for legalized Missouri sports

02:39betting, around 23% of voters there still undecided, according to the latest polling.

02:44So like you said off the top, Craig, a couple of weeks left, we'll see if more money comes

02:50in and some additional polling we're expecting here as we wind down to that ballot question

02:57of whether or not to legalize Missouri sports betting coming up in the first couple of days

03:01in November.