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

The sports betting tally procedure gone by a slim majority early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the 8 states surrounding Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which divided the Kansas City and St. Louis metro areas 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 a few of the very best sports betting fans in the world and they showed up huge for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a statement. "On behalf of all 6 of Missouri's expert sports betting franchises, we wish to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose important tax profits to our neighboring states. Most significantly, the passage of Amendment 2 suggests a brand-new, dedicated, irreversible funding stream for Missouri class."

Missouri sports betting wagering next actions

Voter approval means 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 nearly every dollar of the "yes" project and will undoubtedly use to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses available without needing to partner with a Missouri brick-and-mortar casino or sports betting group (and pay an accompanying fee).

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

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

The staying six licenses are booked for each of the significant professional 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 advocates of the tally step.

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

Launch possibility tiers IF Missouri citizens authorize sports betting:

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

Missouri's tally measure permits every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 casinos handled by the 6 gambling establishment operators are anticipated to open in-person wagering options such as wagering kiosks and possibly dedicated, full-service sportsbooks.

The six sports betting groups can likewise open in-person sportsbooks within or surrounding to their particular home playing venues. 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 measure requires the first licensed 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 profitable time of the sports betting calendar.

Missouri sports betting 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 invested millions of dollars to beat the measure. In many other states that connect online sports betting wagering with a state's brick-and-mortar gambling establishments, an operator is granted a minimum of one license per handled property.

Because situation in Missouri, Caesars would be managed a minimum of three prospective licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property design, business can either open additional in-house books or, more commonly, 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 handle market share, might potentially have a leg up on their rivals by earning the set of untethered licenses. It stays to be seen which two books will make these slots, but the language around the tally step would appear to prefer the two nationwide market leaders.
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Polling previously in the year revealed the "yes" vote with a minor lead. Support efforts were reinforced by 10s of millions invested by DraftKings and FanDuel.

A series of tv and radio ads concentrated on the profits legal sportsbooks would create for Missouri public education. Opponents, funded mostly by Caesars, argued the fans' advertisements were misleading and the 10s of millions of forecasted dollars raised would have a minimal effect in a state that currently invests billions on education every year.