Caesars Fighting to Prevent DraftKings, FanDuel From Gaining Ground in Missouri

Written by:
C Costigan
Published on:
Oct/15/2024

  • Missouri lawmakers pushing for legalized sports betting in the Show Me State.

  • Caesars is doing what it can to stop the measure.

  • Are the 13 Keys to the White House Worthless?

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Not Everyone on Board With Legalized Sports Betting in Missouri

Gambling News

Record spending has fueled lawmakers efforts in the Show Me State to push through legislation allowing sports betting.

Missouri is home to the Super Bowl champion Kansas City Chiefs and St. Louis Cardinals in Major League Baseball.

If Amendment 5 passes, it would authorize the Missouri Gaming Commission to issue one new casino license at a location on the Osage River between Bagnell Dam and its confluence with the Missouri River.

But there is also opposition.  Online bookies poured $32 million so far into the Amendment 2 campaign to legalize sports betting, while another $14 million was pumped in by a casino company to defeat it.

From the Fulton Sun:

Winning for Missouri Education, the Amendment 2 campaign funded by DraftKings and FanDuel, has already set a record for the most money donated to a ballot measure campaign. The previous record was $31 million raised by supporters of a 2006 proposal to protect stem cell research.

The initiative campaign began with vocal support from major professional sports teams but none have contributed any cash for the effort.

"It is a large state, with a lot of TV markets, so it certainly takes resources to get your message out," said Jack Cardetti, spokesman for the campaign. "But the most important thing is that you have a good message and a good initiative for voters."

Caesars Entertainment is the casino company that dislikes the proposal enough to spend big against it. Caesars employs 2,000 people in Missouri and has a branded online sports betting platform that competes with FanDuel and DraftKings.

Politics

Are the 13 Keys to the White House Worthless?

Manifold asks "Is Allan Lichtman’s 13 Keys to the White House model really a total fraud?"

Or can we learn anything from it? (Spoiler: It’s mostly a fraud, but it’s still interesting, and teaches us about both political science and statistics.).

A Distinguished Professor of History at American University, Lichtman views every election as a referendum on the party currently in power.

The 13 keys are:

  1.     Party mandate: After the midterm elections, the incumbent party holds more seats in the U.S. House of Representatives than after the previous midterm elections.
  2.     No primary contest: There is no serious contest for the incumbent party nomination.
  3.     Incumbent seeking re-election: The incumbent party candidate is the sitting president.
  4.     No third party: There is no significant third party or independent campaign.
  5.     Strong short-term economy: The economy is not in recession during the election campaign.
  6.     Strong long-term economy: Real per capita economic growth during the term equals or exceeds mean growth during the previous two terms.
  7.     Major policy change: The incumbent administration effects major changes in national policy.
  8.     No social unrest: There is no sustained social unrest during the term.
  9.     No scandal: The incumbent administration is untainted by major scandal.
  10.     No foreign or military failure: The incumbent administration suffers no major failure in foreign or military affairs.
  11.     Major foreign or military success: The incumbent administration achieves a major success in foreign or military affairs.
  12.     Charismatic incumbent: The incumbent party candidate is charismatic or a national hero.
  13.     Uncharismatic challenger: The challenging party candidate is not charismatic or a national hero.

Poker

Pennsylvania Beginning Process to Join Multi-State Online Poker

After years of rumor, Pennsylvania is likely ready to begin the process to join the Multi-State Internet Gaming Agreement for online poker. And while PA online casinos are more focused on traditional casino games and slots, multi-state online poker takes poker to another level for PA players.

Pennsylvania gaming regulators received word from Gov. Josh Shapiro (D) for the commonwealth to begin the process to join the multi-state online poker organization. The Multi-State Internet Gaming Agreement (MSIGA) currently has five members, though only three have live online poker.

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