Missouri voters approved legal mobile and retail sports betting wagering, permitting managed books to take bets next year.

The sports betting wagering ballot step passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.

Seven of the eight states bordering Missouri allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis metro areas with Missouri, respectively.

Missouri is the 39th state to approve 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 finest sports betting fans in the world and they appeared huge for their favorite groups 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 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 guarantees we no longer lose important tax profits to our neighboring states. Most significantly, the passage of Amendment 2 means a brand-new, dedicated, long-term funding stream for Missouri class."

Missouri sports betting wagering next steps

Voter approval suggests up to 14 mobile sportsbooks could start accepting bets next year. It is not likely all 14 readily available licenses are utilized.
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DraftKings and FanDuel financed nearly every dollar of the "yes" campaign and will undoubtedly use to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses offered without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).
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Six licenses are offered to each Missouri gambling establishment operator, respectively. Caesars, regardless of opposing the tally measure, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely launch their particular books.

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

The remaining 6 licenses are scheduled for each of the major expert 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 companies were among the most popular proponents of the ballot step.

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

Launch possibility tiers IF Missouri voters approve sports betting wagering:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Very 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 casino to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 casinos managed by the six gambling establishment operators are expected to open in-person sports betting options such as wagering kiosks and potentially committed, full-service sportsbooks.

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

The language around the tally procedure requires 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, perennially books' most lucrative time of the sports betting calendar.
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Missouri sports betting background
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The successful Missouri sports betting project comes in spite of millions in funding opposing the procedure from one of the state's largest gambling stakeholders.

Caesars invested millions of dollars to defeat the measure. In many 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 managed home.

In that circumstance in Missouri, Caesars would be managed a minimum of 3 prospective licenses, one for each casino it handles. Instead, Caesars just has one. In states with the license-per-property design, companies can either open extra internal books or, more typically, farm out the license to a rival that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting wagering handle market share, might possibly have a leg up on their competitors by making the pair of untethered licenses. It stays to be seen which two books will earn these slots, however the language around the tally measure would seem to favor the two nationwide market leaders.

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

A series of tv and radio ads concentrated on the profits legal sportsbooks would produce for Missouri public education. Opponents, funded mainly by Caesars, argued the advocates' advertisements were misleading and the 10s of millions of projected dollars raised would have a negligible impact in a state that already invests billions on education yearly.
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