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

Seven of the 8 states bordering Missouri allow mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis city areas 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 very best sports betting fans in the world and they revealed up huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all six of Missouri's professional sports betting franchises, we desire to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting wagering and ensures we no longer lose valuable tax earnings to our surrounding states. Most significantly, the passage of Amendment 2 suggests a brand-new, dedicated, long-term financing stream for Missouri classrooms."

Missouri sports betting next actions

Voter approval implies up to 14 mobile sportsbooks might begin accepting bets next year. It is not likely all 14 readily available licenses are used.

DraftKings and FanDuel financed almost every dollar of the "yes" project and will undoubtedly apply 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 gambling establishment or sports betting team (and pay an accompanying charge).

Six licenses are available to each Missouri casino operator, respectively. Caesars, regardless of opposing the ballot procedure, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely release their respective books.

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

The remaining six licenses are booked 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 companies were amongst the most popular proponents of the tally procedure.

In addition to DraftKings, FanDuel and Caesars, Missouri wagerers should anticipate other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch likelihood tiers IF Missouri voters approve sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, 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 step enables every Missouri casino to open retail sportsbooks on their particular properties. Most if not all 13 casinos handled by the six casino operators are expected to open in-person wagering alternatives such as wagering kiosks and possibly dedicated, full-service sportsbooks.

The six sports betting teams can also open in-person sportsbooks within or surrounding to their particular home playing places. 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 ballot step requires 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 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 financing opposing the step from one of the state's biggest sports betting stakeholders.

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

Because circumstance in Missouri, Caesars would be afforded at least 3 possible licenses, one for each gambling establishment it handles. Instead, Caesars only has one. In states with the license-per-property model, companies can either open additional internal books or, more frequently, subcontract the license to a competitor that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting wagering manage market share, might possibly have an upper hand on their rivals by earning the pair of untethered licenses. It stays to be seen which 2 books will make these slots, however the language around the tally procedure would appear to prefer the 2 national market leaders.
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Polling earlier in the year revealed the "yes" vote with a minor lead. Support efforts were reinforced by tens of millions spent by DraftKings and FanDuel.

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