Missouri voters approved legal mobile and retail sports betting, permitting managed books to take bets next year.

The sports betting wagering tally step gone by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the eight states bordering 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 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 very best sports betting fans worldwide and they showed up big for their favorite teams 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 want to thank the Missouri voters who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose important tax profits to our neighboring states. Most significantly, the passage of Amendment 2 indicates a brand-new, dedicated, irreversible financing stream for Missouri classrooms."

Missouri sports betting wagering next actions

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

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will undoubtedly apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses readily available without having to partner with a Missouri brick-and-mortar casino 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 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.
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The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays uncertain if they will launch mobile sportsbooks.

The staying 6 licenses are booked for each of the significant expert 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 amongst the most prominent proponents of the ballot measure.

Along with DraftKings, FanDuel and Caesars, Missouri gamblers ought to anticipate other prominent national brands including BetMGM, bet365, BetRivers and Fanatics to look for market access.

Launch probability tiers IF Missouri citizens approve sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Highly likely: Fanatics, bet365, ESPN BET Are Already Live In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's ballot step enables every Missouri gambling establishment to open retail sportsbooks on their respective properties. Most if not all 13 gambling establishments managed by the six casino operators are expected to open in-person sports betting options such as sports betting kiosks and possibly dedicated, full-service sportsbooks.

The six sports betting groups can likewise open in-person sportsbooks within or nearby to their particular home playing venues. 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 first certified 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 wagering background

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

Caesars spent millions of dollars to beat the measure. In the majority of 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 handled home.
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Because scenario in Missouri, Caesars would be paid for at least 3 possible licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property design, companies can either open additional internal books or, more frequently, subcontract the license to a rival that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting deal with market share, might possibly have an upper hand on their competitors by earning the set of licenses. It stays to be seen which 2 books will earn these slots, however the language around the tally step would appear to favor the two national market leaders.

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

A series of television and radio advertisements focused on the earnings legal sportsbooks would create for Missouri public education. Opponents, funded mainly by Caesars, argued the supporters' ads were deceptive and the tens 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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