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Missouri citizens approved legal mobile and retail sports betting, allowing regulated books to take bets next year.
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The sports betting ballot step passed by a slim majority early Wednesday morning after more than 2.9 million votes were counted.

Seven of the eight states surrounding Missouri permit mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided the Kansas City and St. Louis metro locations with Missouri, respectively.

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

" Missouri has a few of the very best sports betting fans in the world and they appeared huge for their favorite teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all six of Missouri's expert sports betting franchises, we wish to thank the Missouri voters who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting and guarantees we no longer lose important tax revenue to our surrounding states. Most importantly, the passage of Amendment 2 means a brand-new, dedicated, permanent funding stream for Missouri classrooms."

Missouri sports betting wagering next actions

Voter approval means approximately 14 mobile sportsbooks might begin accepting bets next year. It is unlikely all 14 readily available licenses are utilized.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will unquestionably use to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses offered without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying charge).

Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally step, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely release their particular books.
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The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays unclear if they will introduce mobile sportsbooks.

The remaining six licenses are booked for each of the significant professional sports betting teams that play home video 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 among the most popular supporters of the ballot measure.

Together with DraftKings, FanDuel and Caesars, Missouri gamblers ought to anticipate other prominent national brand names including BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.
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Launch likelihood tiers IF Missouri citizens wagering:

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

Missouri's tally measure enables every Missouri casino to open retail sportsbooks on their respective properties. Most if not all 13 casinos handled by the six gambling establishment operators are anticipated to open in-person sports betting choices such as sports betting kiosks and possibly committed, full-service sportsbooks.

The six sports betting teams can also open in-person sportsbooks within or adjacent to their respective home playing venues. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that permit in-stadium retail sportsbooks.

The language around the ballot procedure requires the very first licensed sportsbooks to begin accepting wagers by Dec. 1, 2025. Operators will likely deal 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 effective Missouri sports betting project comes regardless of millions in financing opposing the step from one of the state's largest gambling stakeholders.
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Caesars invested countless dollars to defeat the procedure. In many other states that tie online sports betting with a state's brick-and-mortar gambling establishments, an operator is approved at least one license per handled residential or commercial property.

Because situation in Missouri, Caesars would be afforded a minimum of three possible licenses, one for each gambling establishment it handles. Instead, Caesars only has one. In states with the license-per-property model, business can either open additional in-house books or, more commonly, subcontract the license to a competitor that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting deal with market share, could possibly have an upper hand on their rivals by making the pair of untethered licenses. It stays to be seen which two books will make these slots, but the language around the tally measure would appear to prefer the 2 nationwide market leaders.

Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were strengthened by tens of millions invested by DraftKings and FanDuel.

A series of television and radio advertisements focused on the profits legal sportsbooks would create for Missouri public education. Opponents, funded mainly by Caesars, argued the fans' ads were misleading and the tens of millions of predicted dollars raised would have a negligible effect in a state that already spends billions on education each year.