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Missouri citizens authorized legal mobile and retail sports betting wagering, permitting regulated books to take bets next year.

The sports betting tally procedure 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 8 states surrounding Missouri allow mobile or retail sportsbooks. That includes Kansas and Illinois, which divided the Kansas City and St. Louis city locations with Missouri, respectively.

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

" Missouri has some of the best sports betting fans on the planet and they showed up huge for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all 6 of Missouri's expert sports betting franchises, we wish to thank the Missouri voters who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting wagering and guarantees we no longer lose valuable tax earnings to our surrounding states. Most notably, the passage of Amendment 2 indicates a brand-new, devoted, irreversible funding stream for Missouri class."

Missouri sports betting wagering next steps

Voter approval suggests as much as 14 mobile sportsbooks might begin accepting bets next year. It is unlikely all 14 readily available licenses are used.

DraftKings and FanDuel financed almost every dollar of the "yes" project and will unquestionably 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 cost).

Six licenses are offered to each Missouri gambling establishment operator, respectively. Caesars, regardless of opposing the tally measure, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will also likely launch their respective books.

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

The staying 6 licenses are booked for each of the significant expert sports betting groups 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 amongst the most popular supporters of the ballot step.

Along with DraftKings, FanDuel and Caesars, Missouri bettors ought to anticipate other leading nationwide brand names including BetMGM, bet365, BetRivers and Fanatics to look for market access.

Launch likelihood tiers IF Missouri voters approve sports betting:

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

Missouri's ballot procedure enables every Missouri gambling establishment to open retail sportsbooks on their respective homes. Most if not all 13 casinos managed by the 6 gambling establishment operators are anticipated to open in-person wagering alternatives such as sports betting kiosks and possibly committed, full-service sportsbooks.

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

The language around the tally step needs the first licensed sportsbooks to start 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 background

The effective Missouri sports betting wagering campaign comes despite millions in funding opposing the step from one of the state's largest gambling stakeholders.

Caesars spent countless dollars to beat the measure. In most other states that tie online sports betting wagering with a state's brick-and-mortar casinos, an operator is granted a minimum of one license per handled property.

Because in Missouri, Caesars would be managed at least 3 possible licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property model, business can either open additional internal books or, more frequently, 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 handle market share, might potentially have an upper hand on their rivals by making the set of untethered licenses. It remains to be seen which two books will earn these slots, but the language around the ballot procedure would seem to favor the two nationwide market leaders.
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Polling previously in the year revealed the "yes" vote with a small lead. Support efforts were bolstered by tens of millions invested by DraftKings and FanDuel.

A series of television and radio ads concentrated on the revenue legal sportsbooks would produce for Missouri public education. Opponents, moneyed largely by Caesars, argued the fans' ads were deceptive and the 10s of millions of forecasted dollars raised would have a negligible effect in a state that currently invests billions on education annually.