Missouri citizens authorized legal mobile and retail sports betting, permitting regulated books to take bets next year.
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The sports betting ballot step gone by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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Seven of the eight states bordering 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 approve legal sportsbooks and the 31st to green light statewide mobile sports betting. It is the only state to approve sports betting wagering this year.

" Missouri has some of the very best sports betting fans on the planet and they showed up 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 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 legislate sports betting wagering and guarantees we no longer lose valuable tax revenue to our surrounding states. Most importantly, the passage of Amendment 2 means a brand-new, devoted, irreversible funding stream for Missouri class."

Missouri sports betting next steps

Voter approval means as much as 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 readily available licenses are used.

DraftKings and FanDuel funded almost every dollar of the "yes" campaign and will unquestionably use to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses readily available without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).

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

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

The staying six licenses are reserved 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 organizations were among the most popular advocates of the tally measure.

Together with DraftKings, and Caesars, Missouri wagerers ought to expect other leading nationwide brand names including BetMGM, bet365, BetRivers and Fanatics to look for market access.

Launch probability tiers IF Missouri voters approve sports betting wagering:

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

Missouri's tally measure allows every Missouri casino to open retail sportsbooks on their respective properties. Most if not all 13 casinos handled by the six gambling establishment operators are expected to open in-person wagering alternatives such as wagering kiosks and potentially devoted, full-service sportsbooks.
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The six sports betting groups can likewise open in-person sportsbooks within or nearby to their respective home playing venues. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that permit in-stadium retail sportsbooks.

The language around the ballot measure 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 rewarding time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering project comes despite millions in funding opposing the measure from among the state's biggest sports betting stakeholders.

Caesars spent millions of dollars to beat the step. In the majority of other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is given a minimum of one license per handled property.

In that situation in Missouri, Caesars would be managed at least three prospective licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property model, companies can either open additional in-house books or, more commonly, farm out the license to a rival that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting wagering manage market share, might possibly have a leg up on their rivals by earning the pair of untethered licenses. It stays to be seen which 2 books will earn these slots, however the language around the ballot procedure would appear to favor the 2 national market leaders.
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Polling previously in the year revealed the "yes" vote with a slight lead. Support efforts were reinforced by tens of millions spent by DraftKings and FanDuel.

A series of tv and radio ads concentrated on the profits legal sportsbooks would generate for Missouri public education. Opponents, moneyed mostly by Caesars, argued the fans' advertisements were deceptive and the 10s of millions of projected dollars raised would have a minimal effect in a state that currently spends billions on education each year.
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