Missouri citizens approved legal mobile and retail sports betting, allowing regulated books to take bets next year.
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The sports betting wagering ballot step gone by a slim majority early Wednesday morning after more than 2.9 million votes were counted.

Seven of the 8 states bordering Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which divided the Kansas City and St. Louis city locations with Missouri, respectively.

Missouri is the 39th state to authorize legal and the 31st to green light statewide mobile sports betting. It is the only state to approve sports betting this year.

" Missouri has a few of the best sports betting fans in the world 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 six of Missouri's expert sports betting franchises, we want 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 important tax earnings to our surrounding states. Most notably, the passage of Amendment 2 implies a brand-new, devoted, irreversible financing stream for Missouri classrooms."

Missouri sports betting wagering next actions
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Voter approval implies as much as 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 offered licenses are used.

DraftKings and FanDuel funded almost every dollar of the "yes" campaign and will unquestionably apply 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 gambling establishment or sports betting group (and pay an accompanying cost).

Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the tally step, will likely utilize its license to release the Caesars mobile sportsbook. Penn Entertainment, which handles 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 stays unclear if they will introduce mobile sportsbooks.

The remaining 6 licenses are booked for each of the major expert sports betting teams that play home 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 supporters of the tally measure.

In addition to DraftKings, FanDuel and Caesars, Missouri wagerers must anticipate other prominent nationwide brand names including BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch probability tiers IF Missouri citizens authorize sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Most likely: Fanatics, bet365, ESPN BET Are Already Reside 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 residential or commercial properties. Most if not all 13 casinos handled by the 6 casino operators are anticipated to open in-person sports betting choices such as sports betting kiosks and possibly dedicated, full-service sportsbooks.

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

The language around the tally measure needs the first certified 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 lucrative time of the sports betting calendar.

Missouri sports betting wagering background

The successful Missouri sports betting wagering project comes regardless of millions in funding opposing the measure from one of the state's largest gambling stakeholders.

Caesars spent millions of dollars to beat the step. In many other states that tie online sports betting with a state's brick-and-mortar gambling establishments, an operator is given at least one license per handled home.

Because scenario in Missouri, Caesars would be paid for a minimum of three potential licenses, one for each casino it handles. Instead, Caesars only has one. In states with the license-per-property model, companies can either open additional in-house books or, more frequently, farm out the license to a rival that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting manage market share, could possibly have a leg up on their competitors by earning the set of untethered licenses. It stays to be seen which 2 books will earn these slots, but the language around the ballot measure would seem to prefer the 2 nationwide market leaders.
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Polling previously in the year revealed the "yes" vote with a small lead. Support efforts were boosted by tens of millions spent by DraftKings and FanDuel.

A series of television and radio ads focused on the income legal sportsbooks would produce for Missouri public education. Opponents, moneyed mostly by Caesars, argued the supporters' ads were misleading and the 10s of millions of forecasted dollars raised would have a negligible impact in a state that currently spends billions on education each year.