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

Seven of the 8 states permit 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 approve legal sportsbooks and the 31st to green light statewide mobile wagering. It is the only state to authorize sports betting this year.

" Missouri has some of the very best sports betting fans worldwide and they showed up big for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a statement. "On behalf of all six of Missouri's expert 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 legislate sports betting wagering and ensures we no longer lose important tax income to our surrounding states. Most notably, the passage of Amendment 2 implies a new, devoted, irreversible funding stream for Missouri classrooms."

Missouri sports betting next steps

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

DraftKings and FanDuel funded almost every dollar of the "yes" campaign and will unquestionably use to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses readily available without needing to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying fee).

Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the tally step, will likely utilize its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely introduce their respective books.
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The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains uncertain if they will launch mobile sportsbooks.

The remaining six licenses are reserved for each of the significant 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 amongst the most popular proponents of the ballot step.

Along with DraftKings, FanDuel and Caesars, Missouri gamblers must expect other prominent national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch likelihood tiers IF Missouri citizens approve sports betting:

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

Missouri's tally measure allows every Missouri casino to open retail sportsbooks on their particular properties. Most if not all 13 gambling establishments managed by the 6 casino operators are expected to open in-person sports betting options such as wagering kiosks and potentially committed, full-service sportsbooks.

The 6 sports betting groups can also open in-person sportsbooks within or nearby to their particular home playing venues. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that allow in-stadium retail sportsbooks.

The language around the tally measure requires the 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 football season, perennially books' most profitable time of the sports betting calendar.
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Missouri sports betting background
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The effective 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 defeat the procedure. In a lot of other states that tie online sports betting wagering with a state's brick-and-mortar casinos, an operator is approved a minimum of one license per managed residential or commercial property.

Because circumstance in Missouri, Caesars would be managed a minimum of 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 additional internal books or, more commonly, farm out the license to a competitor that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting deal with market share, could possibly have a leg up on their rivals by earning the set of untethered licenses. It remains to be seen which 2 books will earn these slots, however the language around the tally procedure would appear to favor the 2 national market leaders.
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Polling previously in the year showed the "yes" vote with a small lead. Support efforts were bolstered by tens of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the income legal sportsbooks would generate for Missouri public education. Opponents, moneyed mostly by Caesars, argued the supporters' ads were misleading and the tens of countless predicted dollars raised would have a minimal effect in a state that currently invests billions on education yearly.
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