Blues and Royals donate to sports betting campaign ahead of Missouri election
The St. Louis Blues and Royals donated $333,333 each to the Winning for Missouri Education campaign, supporting a sports betting amendment on the ballot. This marks the first contributions from these teams for the initiative. The campaign aims to legalize sports betting in Missouri, arguing that the state is losing revenue to neighboring states. Critics question whether the amendment will actually increase education funding. The proposed amendment includes a 10% tax on sports betting, allowing companies to deduct promotional subsidies from taxable revenue. Previous funding for the campaign has come mainly from sports betting companies, totaling over $40 million.