Missouri voters have passed Amendment 2, officially legalizing sports betting for residents over the age of 21. This measure permits online sports wagering and betting, creating new opportunities for Missouri to retain sports betting revenue previously lost to neighboring states like Kansas and Illinois. The full results of the vote were not finalized until Wednesday morning.
2,932,246 votes were cast for Amendment 2 with 7,486 more votes in favor. The amendment establishes a 10% tax on betting revenue, with proceeds supporting public education, programs for compulsive gambling prevention, and the gaming commission. Cardinals president Bill DeWitt III explains the tax allocation.
Supporters highlight this as a major step toward keeping revenue in-state and boosting education funding. However, some remain concerned about whether the anticipated financial impact will meet expectations and point to potential issues with the clarity of funding allocations.