The Tax Relief Nebraska campaign raised nearly $22.5 million by 29 October, according to Legal Sports Report. DraftKings and FanDuel each contributed about $10.4 million, showing commercial interest in Nebraska’s potential opening.
Under the proposed structure, each racetrack casino could have partnered with two online sportsbook platforms, creating up to 12 potential market entries. The existing 20% gaming revenue tax framework, with 70% directed towards property tax relief, would have extended to online wagering.
Supporters argued that regulation could capture tax revenue from betting already taking place. Opponents raised concerns about gambling harm, advertising and risks to college athletes.
Flutter chief executive Dan Taylor said:
Obviously we were disappointed with the result in Nebraska where the ballot didn’t go in our favour.
The outcome illustrates the limits of operator-funded campaigns, a theme Ace Alliance also explored in its coverage of US betting industry political spending.