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Missouri citizens approved legal mobile and retail sports betting, allowing managed books to take bets next year.
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The sports betting ballot step gone by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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Seven of the eight states surrounding Missouri allow mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis metro areas 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 in the world and they revealed up huge for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all six of Missouri's expert sports betting franchises, we wish to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting wagering and ensures we no longer lose important tax profits to our surrounding states. Most importantly, the passage of Amendment 2 indicates a brand-new, devoted, irreversible financing stream for Missouri classrooms."

Missouri sports betting wagering next steps

Voter approval indicates approximately 14 mobile sportsbooks might begin accepting bets next year. It is unlikely all 14 readily available licenses are utilized.

DraftKings and FanDuel funded 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 2 "untethered" licenses readily available without having to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying fee).

Six licenses are offered to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the tally measure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely launch their particular books.

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

The remaining 6 licenses are booked for each of the major professional 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 companies were among the most prominent advocates of the tally measure.

In addition to DraftKings, FanDuel and Caesars, Missouri gamblers ought to anticipate other leading national brand names including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch possibility tiers IF Missouri voters approve sports betting wagering:

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

Missouri's tally step permits every Missouri gambling establishment to open retail sportsbooks on their respective residential or commercial properties. Most if not all 13 casinos managed by the 6 casino operators are expected to open in-person wagering choices such as wagering kiosks and possibly dedicated, full-service sportsbooks.

The six sports betting teams can also open in-person sportsbooks within or adjacent to their respective home playing locations. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that permit in-stadium retail sportsbooks.

The language around the ballot procedure needs the very first licensed sportsbooks to start accepting wagers by Dec. 1, 2025. Operators will likely work with regulators to go live before kick-off of the fall 2025 season, perennially books' most lucrative time of the sports betting calendar.

Missouri sports betting background

The effective Missouri sports betting wagering project comes regardless of millions in financing opposing the procedure from among the state's largest gambling stakeholders.

Caesars invested countless dollars to defeat the measure. In many other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is approved a minimum of one license per managed property.

Because situation in Missouri, Caesars would be paid for a minimum of three prospective licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property design, business can either open additional internal books or, more typically, farm out the license to a rival that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting wagering handle market share, might possibly have a leg up on their rivals by earning the set of untethered licenses. It remains to be seen which two books will earn these slots, but the language around the ballot measure would seem to favor the 2 nationwide market leaders.
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Polling previously in the year showed the "yes" vote with a slight 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, moneyed largely by Caesars, argued the fans' advertisements were deceptive and the 10s of countless projected dollars raised would have a minimal effect in a state that already invests billions on education each year.
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