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Missouri citizens authorized legal mobile and retail sports betting, allowing controlled books to take bets next year.
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The sports betting tally procedure passed by a slim bulk early Wednesday early morning after more than 2.9 million votes were counted.

Seven of the 8 states surrounding Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis city locations with Missouri, respectively.

Missouri is the 39th state to authorize legal and the 31st to green light statewide mobile sports betting. It is the only state to approve sports betting wagering this year.

" Missouri has a few of the best sports betting fans worldwide and they appeared big for their favorite teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "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 approving Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting and guarantees we no longer lose important tax profits to our neighboring states. Most importantly, the passage of Amendment 2 suggests a brand-new, dedicated, permanent financing stream for Missouri class."

Missouri sports betting next steps

Voter approval implies up to 14 mobile sportsbooks might begin accepting bets next year. It is not likely all 14 offered licenses are utilized.

DraftKings and FanDuel funded almost every dollar of the "yes" campaign and will certainly use to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses readily available without having to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying cost).

Six licenses are available to each Missouri casino operator, respectively. Caesars, in spite of opposing the ballot procedure, will likely use its license to release the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely release their respective books.

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

The remaining 6 licenses are booked for each of the major professional 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 amongst the most popular supporters of the ballot step.

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

Launch probability tiers IF Missouri citizens approve sports betting:

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

Missouri's ballot step permits every Missouri casino to open retail sportsbooks on their respective 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 sports betting kiosks and possibly committed, full-service sportsbooks.

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

The language around the ballot step requires the first certified sportsbooks to start 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.

Missouri sports betting wagering background

The successful Missouri sports betting project comes in spite of millions in financing opposing the measure from one of the state's biggest gambling stakeholders.

Caesars invested millions of dollars to beat the procedure. In most other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is approved at least one license per handled residential or commercial property.

In that circumstance in Missouri, Caesars would be paid for at least 3 potential licenses, one for each gambling establishment it manages. Instead, Caesars just has one. In states with the license-per-property design, business can either open extra internal books or, more frequently, farm out the license to a competitor that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting wagering handle market share, could potentially have an upper hand on their rivals by earning the set of untethered licenses. It stays to be seen which two books will earn these slots, but the language around the ballot procedure would seem to prefer the two nationwide market leaders.

Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were reinforced by tens of millions invested by DraftKings and FanDuel.

A series of tv and radio ads concentrated on the earnings legal sportsbooks would produce for Missouri public education. Opponents, funded mostly by Caesars, argued the supporters' ads were misleading and the tens of millions of projected dollars raised would have a minimal impact in a state that currently spends billions on education yearly.
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