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

The sports betting tally measure 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.
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Missouri is the 39th state to approve legal sportsbooks and the 31st to green light statewide mobile sports betting. It is the only state to authorize sports betting this year.
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" Missouri has a few of the best sports betting fans on the planet 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 professional sports betting franchises, we want to thank the Missouri voters who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and ensures we no longer lose important tax profits to our surrounding states. Most importantly, the passage of Amendment 2 implies a brand-new, devoted, permanent financing stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval suggests as much as 14 mobile sportsbooks might begin accepting bets next year. It is unlikely all 14 offered licenses are utilized.
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DraftKings and FanDuel financed almost 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 readily available without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying fee).

Six licenses are readily available to each Missouri casino operator, respectively. Caesars, in spite of opposing the ballot 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 launch their particular books.

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

The staying 6 licenses are booked for each of the major 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 prominent proponents of the ballot step.

In addition to DraftKings, FanDuel and Caesars, Missouri bettors must anticipate other prominent national brands including BetMGM, bet365, BetRivers and Fanatics to look for market access.
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Launch likelihood tiers IF Missouri voters approve sports betting:

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

Missouri's tally step enables every Missouri gambling establishment to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 gambling establishments managed by the 6 casino operators are anticipated to open in-person sports betting alternatives such as sports betting kiosks and potentially dedicated, full-service sportsbooks.

The 6 sports betting teams can likewise open in-person sportsbooks within or surrounding to their respective home playing venues. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that allow in-stadium retail sportsbooks.

The language around the ballot measure requires the very 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 profitable time of the sports betting calendar.

Missouri sports betting wagering background

The successful Missouri sports betting campaign comes in spite of millions in financing opposing the measure from among the state's biggest sports betting stakeholders.

Caesars spent millions of dollars to beat the step. In the majority of other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is given at least one license per managed residential or commercial property.

In that circumstance in Missouri, Caesars would be managed 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 extra internal books or, more commonly, subcontract the license to a competitor that pays an accompanying charge in exchange.
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FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting wagering manage market share, might potentially have a leg up on their rivals by earning the pair of untethered licenses. It stays to be seen which two books will earn these slots, however the language around the ballot step would seem to prefer the 2 national market leaders.

Polling earlier in the year revealed the "yes" vote with a small lead. were reinforced by tens of millions invested by DraftKings and FanDuel.

A series of television and radio advertisements concentrated on the earnings legal sportsbooks would create for Missouri public education. Opponents, moneyed largely by Caesars, argued the fans' advertisements were misleading and the tens of countless predicted dollars raised would have a minimal impact in a state that currently invests billions on education every year.