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Missouri voters authorized legal mobile and retail sports betting, permitting controlled books to take bets next year.

The sports betting wagering tally step passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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Seven of the 8 states surrounding 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 sportsbooks and the 31st to green light statewide mobile wagering. It is the only state to approve sports betting wagering this year.

" Missouri has a few of the very best sports betting fans on the planet and they showed up big for their preferred 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 voters who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting and guarantees we no longer lose important tax earnings to our neighboring states. Most significantly, the passage of Amendment 2 suggests a brand-new, devoted, permanent financing stream for Missouri classrooms."

Missouri sports betting next actions

Voter approval means up to 14 mobile sportsbooks could start accepting bets next year. It is unlikely all 14 readily available licenses are utilized.
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DraftKings and FanDuel funded nearly every dollar of the "yes" project and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses available without having to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying fee).
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Six licenses are offered to each Missouri casino operator, respectively. Caesars, regardless of opposing the ballot step, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will also likely release their respective books.

The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains unclear if they will launch mobile sportsbooks.

The staying 6 licenses are booked for each of the major expert 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 proponents of the ballot step.
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Together with DraftKings, FanDuel and Caesars, Missouri wagerers should other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market access.

Launch possibility tiers IF Missouri citizens authorize sports betting:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Likely: Fanatics, bet365, ESPN BET Are Already Reside In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's ballot procedure permits every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 casinos managed by the six gambling establishment operators are anticipated to open in-person wagering alternatives such as wagering kiosks and potentially dedicated, full-service sportsbooks.

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

The language around the tally measure needs the first licensed 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, perennially books' most financially rewarding time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering project comes regardless of millions in funding opposing the step from among the state's biggest gambling stakeholders.

Caesars invested countless dollars to defeat the procedure. In a lot of other states that connect online sports betting wagering with a state's brick-and-mortar gambling establishments, an operator is given a minimum of one license per handled home.

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

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting handle market share, might possibly have a leg up on their rivals by making 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 seem to prefer the two nationwide market leaders.
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Polling earlier in the year revealed the "yes" vote with a small lead. Support efforts were strengthened by tens of millions spent by DraftKings and FanDuel.

A series of tv and radio ads focused on the revenue legal sportsbooks would generate for Missouri public education. Opponents, moneyed largely by Caesars, argued the fans' advertisements were misleading and the 10s of countless forecasted dollars raised would have a negligible effect in a state that currently spends billions on education each year.