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Missouri citizens mobile and retail sports betting wagering, permitting regulated books to take bets next year.

The sports betting wagering ballot procedure gone by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the eight states bordering Missouri allow mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis metro 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 some of the very best sports betting fans worldwide and they revealed up big for their preferred teams on Election Day,” Bill DeWitt III, president of the St. Louis Cardinals, said in a statement. “On behalf of all 6 of Missouri’s professional sports betting franchises, we wish to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting wagering and guarantees we no longer lose important tax profits to our surrounding states. Most significantly, the passage of Amendment 2 suggests a brand-new, dedicated, long-term 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 not likely all 14 offered licenses are utilized.

DraftKings and FanDuel funded nearly 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 available without having to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying charge).

Six licenses are available to each Missouri casino operator, respectively. Caesars, despite opposing the ballot step, will likely utilize its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles 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 stays uncertain if they will launch mobile sportsbooks.

The staying six licenses are reserved for each of the major expert 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 NWSL’s Kansas City Current. The sports betting companies were among the most popular advocates of the tally procedure.

Together with DraftKings, FanDuel and Caesars, Missouri bettors should anticipate other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch possibility tiers IF Missouri voters approve sports betting:

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
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Missouri’s ballot step permits every Missouri casino to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 gambling establishments managed by the six gambling establishment operators are expected to open in-person wagering options such as sports betting kiosks and potentially devoted, full-service sportsbooks.

The six sports betting groups can also open in-person sportsbooks within or surrounding to their particular home playing places. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that permit in-stadium retail sportsbooks.

The language around the ballot procedure requires the very first licensed sportsbooks to begin accepting wagers by Dec. 1, 2025. Operators will likely deal with regulators to go live before kick-off of the fall 2025 football season, continually books’ most profitable time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering campaign comes in spite of millions in funding opposing the step from among the state’s largest sports betting stakeholders.

Caesars spent millions of dollars to beat the step. In many other states that tie online sports betting with a state’s brick-and-mortar casinos, an operator is granted at least one license per managed residential or commercial property.

Because situation in Missouri, Caesars would be paid for a minimum of 3 prospective licenses, one for each gambling establishment it handles. Instead, Caesars only 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 approximately two-thirds of U.S. across the country sports betting wagering handle market share, might potentially have an upper hand on their competitors by earning the pair of untethered licenses. It remains to be seen which 2 books will make these slots, however the language around the tally step would seem to favor the two nationwide market leaders.

Polling earlier in the year revealed the “yes” vote with a minor lead. Support efforts were reinforced by 10s of millions invested by DraftKings and FanDuel.

A series of television and radio ads focused on the profits legal sportsbooks would produce for Missouri public education. Opponents, funded largely by Caesars, argued the fans’ ads were deceptive and the tens of millions of forecasted dollars raised would have a negligible effect in a state that currently invests billions on education each year.