A newly formed group named Save Nebraska Sports has launched a campaign in opposition to two online sports betting ballot measures scheduled to appear on Nebraska’s November ballot, stating that the proposed property tax relief would not offset the potential costs to residents and student athletes.

The Executive Director of Nebraska Family Alliance, Nate Grasz, expressed concern that online betting platforms were prioritizing profits over the well-being of families, businesses, fans, and student athletes.

Supporters of the ballot measures argue that legalizing online sports betting would generate additional revenue for property tax relief. However, the coalition opposing the measures believes that the projected relief would not have a significant impact.

State Auditor Mike Foley cautioned that the anticipated tax relief would require Nebraskans to spend more money on betting than they would receive back.

Addressing the audience, State Treasurer Joey Spellerberg mentioned that the estimated $87 million in property tax relief would necessitate Nebraskans to lose over $435 million in bets. Additionally, he warned that legalization would lead to a surge in betting-related communications through apps, advertisements, promotions, and notifications.

Speakers at the State Capitol also brought attention to recent NCAA studies indicating that 36% of men’s basketball players have encountered social media abuse.

Grasz shared a statement from former Nebraska football coach Tom Osborne, highlighting the pressure faced by student athletes when their performance becomes tied to betting markets.