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

The sports betting wagering tally step passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the 8 states bordering Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis city 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 authorize sports betting wagering this year.

" Missouri has a few of the very best sports betting fans worldwide and they showed up big for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "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 historic vote makes Missouri the 39th state to legislate sports betting and guarantees we no longer lose valuable tax earnings to our surrounding states. Most significantly, the passage of Amendment 2 suggests a brand-new, dedicated, irreversible financing stream for Missouri classrooms."

Missouri sports betting wagering next actions

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

DraftKings and FanDuel financed almost 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 readily available without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying fee).

Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, regardless of opposing the ballot step, will likely use 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.

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

The remaining 6 licenses are scheduled for each of the major professional sports betting groups 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 City Current. The sports betting organizations were amongst the most popular proponents of the tally procedure.

In addition to DraftKings, FanDuel and Caesars, Missouri bettors should expect other prominent national brands consisting of BetMGM, bet365, BetRivers and Fanatics to look for market access.

Launch probability tiers IF Missouri citizens approve sports betting wagering:

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

Missouri's ballot step permits every Missouri gambling establishment to open retail sportsbooks on their particular properties. Most if not all 13 casinos managed by the 6 casino operators are anticipated to open in-person wagering alternatives such as wagering kiosks and possibly devoted, full-service sportsbooks.

The six sports betting teams can also 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 permit in-stadium retail sportsbooks.

The language around the ballot step 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 lucrative time of the sports betting calendar.

Missouri sports betting background

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

Caesars spent countless dollars to beat the measure. In most other states that connect online sports betting with a state's brick-and-mortar casinos, an operator is approved a minimum of one license per managed property.

Because circumstance in Missouri, Caesars would be managed at least 3 potential 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 in-house books or, more typically, 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. across the country sports betting wagering deal with market share, could potentially have an upper hand on their rivals by making the set of untethered licenses. It stays to be seen which 2 books will make these slots, but the language around the tally procedure would seem to prefer the 2 national market leaders.
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Polling earlier in the year revealed the "yes" vote with a slight lead. Support efforts were reinforced by 10s of millions spent by DraftKings and FanDuel.

A series of tv and radio ads concentrated on the revenue legal sportsbooks would generate for Missouri public education. Opponents, moneyed mostly by Caesars, argued the fans' ads were deceptive and the 10s of millions of forecasted dollars raised would have a negligible effect in a state that already invests billions on education annually.
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