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

Seven of the eight states bordering Missouri allow mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. 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 this year.

" Missouri has a few of the best sports betting fans in the world and they appeared big for their preferred groups 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 wish to thank the Missouri voters who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and ensures we no longer lose valuable tax revenue to our neighboring states. Most significantly, the passage of Amendment 2 indicates a brand-new, dedicated, long-term financing stream for Missouri class."

Missouri sports betting wagering next steps

Voter approval implies as much as 14 mobile sportsbooks might begin accepting bets next year. It is not likely all 14 available licenses are used.
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DraftKings and FanDuel financed nearly every dollar of the "yes" campaign and will undoubtedly apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses available without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying charge).

Six licenses are available to each Missouri casino operator, respectively. Caesars, despite opposing the tally measure, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely launch their particular books.

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

The staying 6 licenses are reserved for each of the significant professional sports betting groups 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 popular supporters of the tally measure.

Along with DraftKings, FanDuel and Caesars, Missouri gamblers ought to anticipate other leading national brands consisting of BetMGM, bet365, BetRivers and Fanatics to look for 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, Acid Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's ballot step permits every Missouri gambling establishment to open retail sportsbooks on their respective residential or commercial properties. Most if not all 13 casinos managed by the 6 gambling establishment operators are anticipated to open in-person wagering choices such as sports betting kiosks and potentially devoted, full-service sportsbooks.

The six sports betting groups 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. amongst jurisdictions that permit in-stadium retail sportsbooks.

The language around the tally procedure requires 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 campaign comes regardless of millions in financing opposing the procedure from among the state's biggest sports betting stakeholders.

Caesars invested millions of dollars to beat the step. In the majority of other states that tie online sports betting wagering with a state's brick-and-mortar gambling establishments, an operator is granted at least one license per handled residential or commercial property.

Because circumstance in Missouri, Caesars would be paid for at least three prospective licenses, one for each casino it handles. Instead, Caesars only has one. In states with the license-per-property design, companies can either open extra in-house books or, more frequently, 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. nationwide sports betting wagering deal with market share, could possibly have a leg up on their competitors by earning the pair of untethered licenses. It remains to be seen which two books will earn these slots, however the language around the ballot measure would appear to prefer the two national market leaders.

Polling earlier in the year revealed the "yes" vote with a slight lead. Support efforts were bolstered by tens of millions spent by DraftKings and FanDuel.

A series of television and radio ads focused on the earnings legal sportsbooks would create for Missouri public education. Opponents, funded mainly by Caesars, argued the fans' advertisements were misleading and the 10s of countless predicted dollars raised would have a minimal effect in a state that already invests billions on education each year.
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