Missouri Sports Betting Ballot Measure Approved By Voters
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Missouri voters authorized legal mobile and retail sports betting, permitting controlled books to take bets next year.
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The sports betting wagering tally measure passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.

Seven of the eight states surrounding Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which divided the Kansas City and St. Louis metro 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 a few of the very best sports betting fans in the world and they appeared huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all 6 of Missouri's professional sports betting franchises, we wish to thank the Missouri voters who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting and ensures we no longer lose important tax revenue to our surrounding 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 suggests approximately 14 mobile sportsbooks might start 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 apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses offered without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).

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

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

The remaining 6 licenses are scheduled for each of the major professional sports betting groups that play home video games in Missouri: MLB's Kansas City Royals and Cardinals, the 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 procedure.

Together with DraftKings, FanDuel and Caesars, Missouri wagerers ought to anticipate other prominent national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.
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Launch possibility tiers IF Missouri citizens approve sports betting:

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

Missouri's ballot procedure permits every Missouri casino to open retail sportsbooks on their respective properties. Most if not all 13 gambling establishments handled by the 6 gambling establishment operators are anticipated to open in-person wagering options such as sports betting kiosks and potentially committed, full-service sportsbooks.

The 6 sports betting groups can also open in-person sportsbooks within or nearby to their respective home playing locations. 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 ballot measure needs the very first licensed sportsbooks to begin accepting wagers by Dec. 1, 2025. Operators will likely work with regulators to go live before kick-off of the fall 2025 football season, continually books' most lucrative time of the sports betting calendar.
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Missouri sports betting background
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The effective Missouri sports betting campaign comes regardless of millions in financing opposing the procedure from one of the state's largest gambling stakeholders.
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Caesars spent millions of dollars to beat the procedure. In many 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 property.

In that situation in Missouri, Caesars would be afforded a minimum of three potential licenses, one for each casino it manages. Instead, Caesars just 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 approximately two-thirds of U.S. across the country sports betting wagering handle market share, might possibly have a leg up on their rivals by making the pair of untethered licenses. It stays to be seen which two books will make these slots, but the language around the tally measure would appear to prefer the two nationwide market leaders.

Polling previously in the year showed the "yes" vote with a slight lead. Support efforts were reinforced by 10s of millions spent by DraftKings and FanDuel.

A series of television and radio advertisements focused on the revenue legal sportsbooks would produce for Missouri public education. Opponents, funded mainly by Caesars, argued the advocates' ads were misleading and the tens of countless forecasted dollars raised would have a minimal impact in a state that already invests billions on education yearly.
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