Winning for Missouri Education - Ad from 2024-10-20
Details for Winning for Missouri Education - Ad from 2024-10-20
ANTO MISSOURI OPENSPORTS LETTERFANS Admittedly, we are a little biased on the topic, but we believe it is time for Missouri residents to be able to place safe and legal bets on sporting events. If our fans choose to support Amendment 2, they’ll have that option. And, as important, Missouri will gain much-needed funding for education. Amendment 2 is expected to bring in an additional $100 million in tax revenue over the next five years through a permanent, specifically dedicated education fund that will support Missouri public schools. We know Missourians already participate in sports betting, but to do so they drive across a border or use illegal, offshore betting sites. The result is tax money going to Illinois, Kansas, Iowa, Arkansas, or Kentucky instead of Missouri. Together, as St. Louis’ professional sports teams, we strongly believe that tax revenue earned from sports betting by Missourians should go to classrooms in Missouri, not ones in neighboring states. And, while we want our fans in Missouri to have the option to place a legal wager, we also want them to do it responsibly. That’s why Amendment 2 requires a MINIMUM of $5 million per year in funding for problem gaming in Missouri and incorporates comments and feedback received from the National Council on Problem Gaming. ÁñÁ«ÊÓƵ betting continues to rise in popularity across the U.S., with nearly 40% of all Americans estimated to have placed a sports bet in 2023. Certainly, many of those wagers were made by Missouri residents who went through extraordinary measures that ultimately benefited our neighbors. We simply want to make sure our sports fans in Missouri have access to safe and entertaining sports betting options if they choose to participate, just as rival fans do in Chicago, Nashville, Indianapolis, and many other neighboring cities. In full transparency, this will also give local teams additional sponsorship opportunities through sportsbook partnerships, similar to many other professional teams like the Chicago Cubs and Chicago Blackhawks where sports betting is legal in their state. That means more tax revenue and more opportunities for the local communities that we all call home. Whether or not you participate in sports betting, you likely know someone in St. Louis who does. Let’s bring that tax revenue back to our state and fund our classrooms. Please vote YES on Amendment 2 on November 5. Sincerely, Bill DeWitt III President St. Louis Cardinals Tom Stillman Chairman and Governor St. Louis Blues Carolyn Kindle CEO and Owner St. Louis CITY SC