Two major players in the sports betting industry, FanDuel and Caesars, have recently made donations to lobby groups in Missouri in an effort to push for the legalization of sports betting in the state. FanDuel donated $50,000 to the SaferMO.com initiative, while Caesars contributed $25,000 to Citizens for a Brighter Tomorrow, both of which are organizations advocating for the legalization of sports betting in Missouri.
The donations come as Missouri lawmakers are considering several bills that would legalize sports betting in the state. FanDuel and Caesars are likely hoping that their donations will help sway lawmakers in favor of these bills and ultimately lead to the legalization of sports betting in Missouri.
FanDuel and Caesars are not the only companies pushing for the legalization of sports betting in Missouri. Other major players in the industry, such as DraftKings and MGM Resorts, have also made donations to lobby groups in the state.
The push for the legalization of sports betting in Missouri has been gaining momentum in recent months. Proponents argue that legalizing sports betting would generate significant tax revenue for the state and create new jobs. Opponents, however, raise concerns about the potential negative impacts of gambling addiction.
Overall, the donations from FanDuel and Caesars to lobby groups in Missouri show just how invested these companies are in the push for the legalization of sports betting in the state. As lawmakers continue to consider bills on this issue, it remains to be seen whether these donations will have the desired impact.
Source
Photo credit news.google.com