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

Seven of the eight 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 authorize legal sportsbooks and the 31st to green light statewide mobile sports betting. It is the only state to approve sports betting this year.

" Missouri has some of the finest sports betting fans on the planet and they appeared big for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all 6 of Missouri's expert sports betting franchises, we wish to thank the Missouri voters 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 income to our neighboring states. Most significantly, the passage of Amendment 2 indicates a brand-new, devoted, permanent funding stream for Missouri class."

Missouri sports betting next actions

Voter approval means up to 14 mobile sportsbooks might start accepting bets next year. It is not likely all 14 available licenses are utilized.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will certainly 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 offered to each Missouri gambling establishment operator, respectively. Caesars, regardless of opposing the tally measure, will likely use its license to release the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely release their particular books.

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

The remaining six licenses are reserved 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 organizations were amongst the most prominent supporters of the tally procedure.

Together with DraftKings, FanDuel and Caesars, Missouri bettors should anticipate other prominent national brands consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch likelihood tiers IF Missouri citizens authorize sports betting:

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

Missouri's ballot measure allows every Missouri casino to open retail sportsbooks on their respective properties. Most if not all 13 casinos handled by the 6 casino operators are anticipated to open in-person sports betting options such as sports betting kiosks and possibly committed, full-service sportsbooks.

The 6 sports betting groups can likewise open in-person sportsbooks within or nearby to their respective home playing places. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that enable in-stadium retail sportsbooks.

The language around the ballot measure needs the very first 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, continually books' most profitable time of the sports betting calendar.

Missouri sports betting background

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

Caesars invested countless dollars to beat the procedure. In the majority of other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is given at least one license per handled residential or commercial property.

In that situation in Missouri, Caesars would be managed at least 3 possible licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property design, companies can either open additional internal books or, more frequently, farm out the license to a competitor that pays an accompanying fee in exchange.

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 competitors by earning the pair of untethered licenses. It remains to be seen which 2 books will earn these slots, however the language around the ballot measure would seem to prefer the two nationwide market leaders.

Polling previously in the year revealed the "yes" vote with a minor lead. Support efforts were boosted by 10s of millions spent by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the revenue legal sportsbooks would create for Missouri public education. Opponents, moneyed mainly by Caesars, argued the advocates' advertisements were misleading and the 10s of millions of predicted dollars raised would have a minimal impact in a state that currently spends billions on education each year.
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