Approval of Amendment 2 — a priority of several of the state’s professional sports teams — would have Missouri join surrounding states that have legalized sports betting.
This proposed amendment would:
According to the ballot measure, state government entities estimate one-time costs of $660,000, ongoing annual costs of at least $5.2 million and initial license fee revenue of $11.75 million. Entities also estimate unknown tax revenue ranging from $0-$28.9 million annually because the proposal allows for deductions against sports gaming revenues. Local governments estimate unknown revenue.
A vote “yes” on Amendment 2 will amend the Missouri Constitution and a vote “no” on Amendment 2 will not amend the Missouri Constitution pertaining to sports betting.
Election Day is Tuesday, Nov. 5.
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