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missouri sports betting – Page 2 – FairOdds Network

Tag: missouri sports betting

Judge promises swift decision on fate of Missouri digital wagering initiative

An all-day hearing on Thursday (5 September) in a Missouri federal court did not yield a decision about whether or not a sports betting ballot initiative could move forward. But it was good theatre.
Cole County Circuit Judge Daniel R Green did not rule Thursday in Jacqueline Wood et al vs John Ashcroft, but did say to expect a quick decision.

In the lawsuit, Wood and fellow political consultant Blake Lawrence claim the voting districts used by the secretary of state to certify the Missouri wagering initiative are incorrect. In Missouri, a proposal needs verified signatures from 8% of voters in six of the state’s eight voting districts. Lawmakers redrew the congressional districts in 2020.

According to the lawsuit, the secretary of state’s office used old districts to determine if enough verified signatures were collected. It then used the new districts to determine where voters live.

Essentially that means that even if a signature came from a person who remains at the same address..

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Missouri digital betting initiative faces legal challenge

Missouri's sports betting initiative is now facing a legal challenge, meaning there is a possibility that voters won't get a chance to weigh in on an issue that has been tied up in the legislature for more than five years.
On Thursday (22 August), the Missouri Independent reported that a lawsuit filed in Cole County Circuit Court contests how the secretary of state certified the initiative. The lawsuit came just over a week after the secretary of state announced that proponents had collected enough verified signatures to get on the ballot. The lawsuit was filed on Wednesday (21 August)

At issue is the voting districts used by the secretary of state to certify the initiative. In Missouri, a proposal needs verified signatures from 8% of voters in six of the state’s eight voting districts. Lawmakers redrew the congressional districts in 2020.

The Independent reported that according to the lawsuit, the secretary of state’s office used the old districts to determine if enough ..

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State of the Union: DraftKings’ missteps, Missouri ballot measure

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.
DraftKings has “no excuse” to consider surcharge “cash grab”
Less than an hour after Flutter’s second-quarter earnings call ended on Tuesday, DraftKings announced that, after hearing customer feedback, it will back off plans to impose a winners’ surcharge. The company announced the idea in early August, only to get swift and negative feedback.

Wall Street reacted positively on Wednesday. DraftKings’ shares were up as high as $33.50 per share before they settled at $32.06, up nearly 2%. While Rush Street Interactive and Penn Entertainment previously said they would not follow DraftKings’ lead, the company was clearly waiting to see how FanDuel would react.

“We have no plans to introduce a surcharge to winners,” CEO Peter Jackson said during the Q&A portion of the call. He then declined to entertain the issue..

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