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Missouri citizens approved legal mobile and retail sports betting wagering, allowing regulated 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 8 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 wagering. It is the only state to approve sports betting wagering this year.

" Missouri has some of the best sports betting fans in the world and they revealed up huge for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all 6 of Missouri's expert sports betting franchises, we desire to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose important tax profits to our surrounding states. Most notably, the passage of Amendment 2 suggests a new, dedicated, long-term funding stream for Missouri class."

Missouri sports betting wagering next actions

Voter approval indicates as much as 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 offered licenses are utilized.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will undoubtedly use to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses offered without needing to partner with a gambling establishment or sports betting group (and pay an accompanying cost).

Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the ballot procedure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely introduce their respective books.

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

The staying 6 licenses are scheduled for each of the significant professional 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 organizations were amongst the most prominent supporters of the tally procedure.

Together with DraftKings, FanDuel and Caesars, Missouri bettors ought to expect other prominent national brand names including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri voters authorize sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 step permits every Missouri gambling establishment to open retail sportsbooks on their respective residential or commercial properties. Most if not all 13 casinos handled by the six casino operators are expected to open in-person sports betting options such as sports betting kiosks and potentially devoted, full-service sportsbooks.

The 6 sports betting teams can likewise 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 enable in-stadium retail sportsbooks.

The language around the ballot step needs the first certified sportsbooks to begin 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.

Missouri sports betting background

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

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

In that circumstance in Missouri, Caesars would be paid for a minimum of 3 potential licenses, one for each gambling establishment it manages. Instead, Caesars just has one. In states with the license-per-property design, companies can either open extra internal books or, more typically, farm out the license to a rival that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting wagering manage market share, could potentially have a leg up on their rivals by earning the pair of untethered licenses. It remains to be seen which two books will earn these slots, however the language around the tally procedure would seem to prefer the 2 nationwide market leaders.
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Polling previously 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 tv and radio ads focused on the revenue legal sportsbooks would produce for Missouri public education. Opponents, moneyed mainly by Caesars, argued the supporters' ads were deceptive and the 10s of countless forecasted dollars raised would have a minimal impact in a state that already invests billions on education annually.
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