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Missouri citizens approved legal mobile and retail sports betting wagering, permitting controlled books to take bets next year.
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The sports betting tally step passed by a slim majority early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the 8 states bordering Missouri allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which split 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 sports betting. It is the only state to authorize sports betting this year.

" Missouri has a few of the finest sports betting fans in the world and they appeared big for their favorite 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 citizens 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 important tax revenue to our neighboring states. Most importantly, the passage of Amendment 2 means a new, dedicated, permanent funding stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval suggests approximately 14 mobile sportsbooks might begin accepting bets next year. It is unlikely all 14 readily available licenses are utilized.

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

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

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

The remaining 6 licenses are scheduled 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 organizations were amongst the most prominent supporters of the tally step.
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In addition to DraftKings, FanDuel and Caesars, Missouri gamblers need to expect other prominent national brands consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch possibility tiers IF Missouri voters authorize sports betting wagering:

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

Missouri's tally step enables every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 casinos handled by the six gambling establishment operators are anticipated to open in-person wagering alternatives such as sports betting kiosks and potentially devoted, full-service sportsbooks.

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

The language around the tally procedure requires the first licensed 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 rewarding time of the sports betting calendar.

Missouri sports betting background

The effective Missouri sports betting wagering project 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 most other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is approved at least one license per managed property.

In that circumstance in Missouri, Caesars would be paid for a minimum of three prospective licenses, one for each gambling establishment it manages. Instead, Caesars just has one. In states with the license-per-property model, companies can either open extra internal books or, more commonly, subcontract the license to a competitor that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting wagering handle market share, could possibly have an upper hand on their competitors by earning the pair of untethered licenses. It stays to be seen which two books will earn these slots, however the language around the tally procedure would appear to favor the 2 national market leaders.
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Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were bolstered by 10s of millions spent by DraftKings and FanDuel.

A series of television and radio ads focused on the income legal sportsbooks would produce for Missouri public education. Opponents, moneyed largely by Caesars, argued the fans' ads were deceptive and the tens of millions of predicted dollars raised would have a negligible effect in a state that currently spends billions on education every year.