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Missouri voters authorized legal mobile and retail sports betting wagering, permitting regulated books to take bets next year.
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The sports betting wagering ballot step passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.

Seven of the 8 states bordering Missouri permit mobile or retail sportsbooks. That includes 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 mobile wagering. It is the only state to approve sports betting this year.

" Missouri has a few of the finest sports betting fans worldwide and they showed up huge for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all six of Missouri's expert sports betting franchises, we wish to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting wagering and guarantees we no longer lose important tax income to our surrounding states. Most importantly, the passage of Amendment 2 suggests a new, devoted, permanent funding stream for Missouri classrooms."

Missouri sports betting wagering next actions

Voter approval implies up to 14 mobile sportsbooks could start accepting bets next year. It is not likely all 14 offered licenses are used.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will certainly apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses readily available without having 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, regardless of opposing the ballot procedure, will likely use its license to release the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely introduce their particular books.

The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains uncertain if they will introduce mobile sportsbooks.

The staying six licenses are reserved 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 companies were among the most prominent proponents of the ballot measure.

Along with DraftKings, FanDuel and Caesars, Missouri gamblers must anticipate other leading nationwide brands consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch likelihood tiers IF Missouri citizens approve sports betting:

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

Missouri's tally procedure allows every Missouri gambling establishment to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 casinos handled by the six casino operators are anticipated to open in-person sports betting choices such as wagering kiosks and potentially dedicated, full-service sportsbooks.

The six sports betting teams can likewise open in-person sportsbooks within or surrounding to their respective home playing places. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that allow in-stadium retail sportsbooks.

The language around the tally measure needs 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, continually books' most lucrative time of the sports betting calendar.

Missouri sports betting wagering background

The successful Missouri sports betting project comes in spite of millions in funding opposing the measure from among the state's largest sports betting stakeholders.

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

In that scenario in Missouri, Caesars would be managed a minimum of 3 prospective licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property model, companies can either open extra in-house books or, more commonly, farm out the license to a rival that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting deal with market share, might potentially have an upper hand on their competitors by making the set of untethered licenses. It remains to be seen which two books will make these slots, however the language around the ballot step would appear to favor the 2 nationwide market leaders.
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Polling previously in the year showed the "yes" vote with a slight lead. Support efforts were reinforced by 10s of millions spent by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the earnings legal sportsbooks would create for Missouri public education. Opponents, funded largely by Caesars, argued the advocates' ads were deceptive and the tens of millions of projected dollars raised would have a negligible effect in a state that already spends billions on education annually.
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