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Missouri voters authorized legal mobile and retail sports betting, allowing managed books to take bets next year.
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The sports betting wagering tally step gone by a slim majority early Wednesday morning after more than 2.9 million votes were counted.

Seven of the 8 states bordering Missouri permit mobile or . 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 statewide mobile sports betting. It is the only state to authorize 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 voters who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting wagering and guarantees we no longer lose valuable tax income to our surrounding states. Most notably, the passage of Amendment 2 indicates a new, dedicated, long-term funding stream for Missouri class."

Missouri sports betting next actions

Voter approval suggests as much as 14 mobile sportsbooks could start accepting bets next year. It is not likely all 14 offered licenses are utilized.

DraftKings and FanDuel financed nearly every dollar of the "yes" campaign and will certainly use to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses readily available without needing to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying charge).
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Six licenses are offered to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally measure, will likely utilize 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 stays uncertain if they will launch mobile sportsbooks.

The staying six licenses are reserved for each of the significant professional sports betting groups 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 among the most popular advocates of the ballot measure.

Together with DraftKings, FanDuel and Caesars, Missouri bettors must expect other leading national brand names including BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch likelihood tiers IF Missouri citizens authorize sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Highly 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 casino to open retail sportsbooks on their particular homes. Most if not all 13 gambling establishments handled by the six gambling establishment operators are anticipated to open in-person wagering options such as wagering kiosks and potentially devoted, full-service sportsbooks.

The six sports betting teams can likewise open in-person sportsbooks within or adjacent to their particular home playing places. Missouri will sign up with 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 start 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 rewarding time of the sports betting calendar.
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Missouri sports betting background
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The successful Missouri sports betting project comes regardless of millions in financing opposing the measure from among the state's largest gambling stakeholders.

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

Because situation in Missouri, Caesars would be paid for a minimum of 3 prospective licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property model, companies can either open additional in-house books or, more frequently, farm out the license to a competitor that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting handle market share, might possibly have an upper hand on their rivals by making the pair of untethered licenses. It remains to be seen which two books will make these slots, however the language around the ballot measure would seem to favor the 2 national market leaders.
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Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were boosted by 10s of millions spent by DraftKings and FanDuel.

A series of television and radio ads focused on the revenue legal sportsbooks would create for Missouri public education. Opponents, funded mainly by Caesars, argued the supporters' advertisements were deceptive and the 10s of millions of predicted dollars raised would have a minimal impact in a state that currently invests billions on education each year.
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