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Missouri voters authorized legal mobile and retail sports betting wagering, allowing controlled books to take bets next year.
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The sports betting ballot measure passed by a slim bulk early Wednesday early morning after more than 2.9 million votes were .
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Seven of the eight states surrounding 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 wagering. It is the only state to approve sports betting wagering this year.
" Missouri has a few of the finest sports betting fans in the world and they appeared big for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all six of Missouri's expert sports betting franchises, we want to thank the Missouri voters who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting and ensures we no longer lose important tax revenue to our surrounding states. Most significantly, the passage of Amendment 2 implies a brand-new, devoted, irreversible financing stream for Missouri class."
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Missouri sports betting wagering next actions
Voter approval means up to 14 mobile sportsbooks might start accepting bets next year. It is not likely all 14 readily available licenses are utilized.
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DraftKings and FanDuel funded nearly every dollar of the "yes" project and will undoubtedly 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 charge).
Six licenses are readily available to each Missouri casino operator, respectively. Caesars, in spite of opposing the ballot measure, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely launch their respective books.
The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays unclear if they will launch mobile sportsbooks.
The staying six licenses are scheduled for each of the significant professional sports betting teams 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 prominent supporters of the ballot step.
Along with DraftKings, FanDuel and Caesars, Missouri wagerers should expect other leading nationwide brand names including BetMGM, bet365, BetRivers and Fanatics to look for market access.
Launch probability tiers IF Missouri citizens authorize sports betting wagering:
Guarantees: FanDuel, DraftKings
Locks: BetMGM, Bally Bet
Most likely: Fanatics, bet365, ESPN BET
Are Already Live In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa
Opposed Referendum But Still Might: Caesars
Missouri's tally procedure allows every Missouri gambling establishment to open retail sportsbooks on their respective properties. Most if not all 13 gambling establishments handled by the six gambling establishment operators are expected to open in-person wagering options such as sports betting kiosks and possibly devoted, full-service sportsbooks.
The six 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 allow in-stadium retail sportsbooks.
The language around the ballot step requires the very first certified 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, perennially books' most profitable time of the sports betting calendar.
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Missouri sports betting wagering background
The successful Missouri sports betting project comes in spite of millions in financing opposing the step from among the state's biggest sports betting stakeholders.
Caesars spent millions of dollars to beat the measure. In most other states that tie online sports betting wagering with a state's brick-and-mortar casinos, an operator is approved a minimum of one license per managed home.
In that scenario in Missouri, Caesars would be afforded a minimum of 3 possible licenses, one for each gambling establishment it handles. Instead, Caesars only has one. In states with the license-per-property design, business can either open extra 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 roughly two-thirds of U.S. across the country sports betting manage market share, could potentially have a leg up 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 measure would appear to prefer the 2 nationwide market leaders.
Polling previously in the year revealed the "yes" vote with a minor lead. Support efforts were boosted by tens of millions invested by DraftKings and FanDuel.
A series of television and radio ads concentrated on the revenue legal sportsbooks would produce for Missouri public education. Opponents, moneyed mainly by Caesars, argued the advocates' advertisements were deceptive and the 10s of millions of forecasted dollars raised would have a minimal effect in a state that already spends billions on education yearly.
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Missouri Sports Betting Ballot Measure Approved By Voters
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