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As Missouri considers sports betting, Gov. J.B. Pritzker sees no effects on Illinois’ market

8 months 3 weeks ago
(The Center Square) – With another neighboring state considering legalizing sports betting, Gov. J.B. Pritzker doesn’t see any adverse effects on Illinois' sports betting industry. Next month, voters in Missouri will decide whether to legalize sports betting. DraftKings recently contributed another $5 million in efforts to legalize online sports betting in Missouri. Pritzker included a hefty tax hike for sports betting companies in his latest Illinois budget, and some were worried that the…
Kevin Bessler

HSHS St. Elizabeth's Hospital pursuing $50M expansion

8 months 3 weeks ago
Just seven years after opening its doors in O'Fallon, Illinois, administrators at HSHS St. Elizabeth's Hospital are looking to expand. “We’ve outgrown our hospital,” HSHS St. Elizabeth’s CEO Chris Clay told an O'Fallon City Council committee last week. For an example of how busy the hospital has gotten, Clay said people should look no further than the ER. “Prior to moving to O’Fallon, we averaged 70 encounters a day in the emergency department,” Clay said. “Today, we average…
Holden Kurwicki

6 ways patents add value to your startup

8 months 3 weeks ago
Obtaining a patent for your invention requires capital, and for many startups, that initial capital is extremely valuable. At the early stages, especially pre-revenue, there are always more projected expenses than the pool of resources can handle. But, in the competitive landscape of startups, securing a patent can significantly enhance your company’s value. So, when is it strategically wise to allocate some of that capital into your intellectual property? If your company relies on an invention…
Jason Schmidt

Is your organization making a difference in the St. Louis community? Submit a nomination for this awards program.

8 months 3 weeks ago
The St. Louis Business Journal is accepting nominations for its sixth annual Innovation in Philanthropy Awards, a program that celebrates innovative partnerships between nonprofit organizations and local companies. Submit your nomination here before the Dec. 23 deadline. These awards highlight companies and organizations that are going above and beyond the standard philanthropic practices to evolve programs in our communities. In your nomination, tell us about the creative ways you're tackling…
Veneta Rizvic

The soybean industry has more economical and environmental benefits than you think

8 months 3 weeks ago
The world’s food and consumer packaged goods companies are at a crossroads: How can they reach their environmental targets while minimizing business risk? U.S. soybean farmers are uniquely positioned to solve these key challenges, but collaboration across the value chain will be required to benefit all. We see it in the news every day — pressures around the world that threaten the health of people and the planet. Extreme weather like prolonged drought and torrential flooding, constant concerns…
Nancy Kavazanjian