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Missouri citizens authorized legal mobile and retail sports betting, permitting managed books to take bets next year.
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The sports betting ballot step passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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Seven of the eight states surrounding Missouri permit mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis city locations with Missouri, respectively.

Missouri is the 39th state to authorize legal sportsbooks and the 31st to green light statewide mobile sports betting. It is the only state to approve sports betting this year.

" Missouri has a few of the very best sports betting fans in the world and they appeared huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all 6 of Missouri's professional sports betting franchises, we wish to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose valuable tax profits to our neighboring states. Most notably, the passage of Amendment 2 indicates a brand-new, devoted, permanent funding stream for Missouri classrooms."

Missouri sports betting wagering next actions

Voter approval implies approximately 14 mobile sportsbooks might start accepting bets next year. It is unlikely all 14 offered licenses are utilized.

DraftKings and FanDuel funded almost every dollar of the "yes" project and will undoubtedly apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses offered without having to partner with a Missouri brick-and-mortar casino or sports betting group (and pay an accompanying fee).

Six licenses are available to each Missouri casino operator, respectively. Caesars, despite opposing the ballot step, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely launch their particular books.

The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays unclear if they will release mobile sportsbooks.

The remaining 6 licenses are booked for each of the major expert sports betting teams that play home games in Missouri: MLB's Kansas City Royals and Cardinals, the NFL's Kansas City Chiefs, NHL's St. Louis Blues, MLS' St. Louis City SC and the NWSL's Kansas City Current. The sports betting organizations were amongst the most prominent proponents of the tally measure.

Along with DraftKings, FanDuel and Caesars, Missouri bettors must anticipate other prominent national brand names including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri voters approve sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Most likely: Fanatics, bet365, ESPN BET Are Already Reside In Illinois, So Yeah(?): BetRivers, Hard Rock, Circa Opposed Referendum But Still Might: Caesars

Missouri's tally procedure permits every Missouri gambling establishment to open retail sportsbooks on their respective residential or commercial properties. Most if not all 13 gambling establishments managed by the 6 gambling establishment operators are anticipated to open in-person sports betting choices such as wagering kiosks and possibly committed, full-service sportsbooks.

The six sports betting groups can likewise open in-person sportsbooks within or surrounding to their respective home playing locations. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that allow in-stadium retail sportsbooks.

The language around the tally measure requires the very first licensed sportsbooks to begin accepting wagers by Dec. 1, 2025. Operators will likely work with regulators to go live before kick-off of the fall 2025 football season, perennially books' most financially rewarding time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering project comes despite millions in financing opposing the procedure from one of the state's biggest gambling stakeholders.

Caesars spent millions of dollars to defeat the measure. In a lot of other states that tie online sports betting wagering with a state's brick-and-mortar gambling establishments, an operator is given at least one license per handled property.

Because scenario in Missouri, Caesars would be managed at least 3 potential licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property design, companies can either open extra in-house books or, more frequently, subcontract the license to a competitor that pays an in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting wagering handle market share, could potentially have a leg up on their competitors by making the pair of untethered licenses. It remains to be seen which 2 books will make these slots, but the language around the tally step would appear to favor the two nationwide market leaders.
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Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were reinforced by tens of millions invested by DraftKings and FanDuel.

A series of television and radio advertisements concentrated on the income legal sportsbooks would generate for Missouri public education. Opponents, funded mainly by Caesars, argued the supporters' ads were misleading and the 10s of countless projected dollars raised would have a negligible effect in a state that already invests billions on education each year.
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