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

The sports betting wagering ballot step gone by a slim bulk 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 consists of Kansas and Illinois, which divided the Kansas City and St. Louis metro locations with Missouri, respectively.

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 approve sports betting this year.

” Missouri has some of the very best sports betting fans on the planet and they revealed up huge for their preferred groups on Election Day,” Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. “On behalf of all 6 of Missouri’s professional sports betting franchises, we wish to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting and ensures we no longer lose valuable tax earnings to our surrounding states. Most significantly, the passage of Amendment 2 means a brand-new, dedicated, permanent financing stream for Missouri class.”

Missouri sports betting next steps

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

DraftKings and FanDuel funded 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 2 “untethered” licenses offered without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying charge).

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

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

The staying six licenses are reserved for each of the significant 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 among the most prominent advocates of the ballot step.

Together with DraftKings, FanDuel and Caesars, Missouri gamblers need to anticipate other leading nationwide brands including BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch likelihood tiers IF Missouri voters authorize sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 ballot step enables every Missouri gambling establishment to open retail sportsbooks on their particular properties. Most if not all 13 casinos handled by the 6 gambling establishment operators are anticipated to open in-person wagering choices such as wagering kiosks and possibly dedicated, full-service sportsbooks.

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

The language around the ballot step requires the very 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 effective Missouri sports betting wagering project comes in spite of millions in funding opposing the step from among the state’s biggest gambling stakeholders.

Caesars invested countless dollars to beat the step. In many other states that connect online sports betting wagering 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 prospective licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property design, business can either open books or, more commonly, subcontract the license to a rival that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting wagering deal with market share, could possibly have an upper hand on their rivals by earning the set of untethered licenses. It stays to be seen which 2 books will earn these slots, however the language around the ballot step would appear to favor the 2 nationwide market leaders.
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Polling earlier in the year revealed the “yes” vote with a minor lead. Support efforts were bolstered by tens of millions spent by DraftKings and FanDuel.

A series of television and radio ads concentrated on the income legal sportsbooks would create for Missouri public education. Opponents, moneyed largely by Caesars, argued the supporters’ ads were misleading and the tens of millions of projected dollars raised would have a negligible impact in a state that currently spends billions on education each year.
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