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Missouri voters authorized legal mobile and retail sports betting wagering, allowing regulated books to take bets next year.

The sports betting ballot 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 surrounding Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which divided 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 a few of the very best sports betting fans worldwide and they revealed up big for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all 6 of Missouri's professional sports betting franchises, we desire to thank the Missouri voters who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and ensures we no longer lose valuable tax revenue to our neighboring states. Most notably, the passage of Amendment 2 implies a brand-new, dedicated, irreversible funding stream for Missouri class."

Missouri sports betting wagering next actions

Voter approval means approximately 14 mobile sportsbooks could start accepting bets next year. It is unlikely all 14 readily available licenses are utilized.
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DraftKings and FanDuel funded almost every dollar of the "yes" campaign and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses offered without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying charge).
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Six licenses are offered to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the ballot step, will likely utilize its license to release the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely introduce their particular books.

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

The remaining 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 organizations were among the most prominent proponents of the ballot measure.

In addition to DraftKings, FanDuel and Caesars, Missouri bettors should expect other prominent national brands consisting of BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch probability tiers IF Missouri voters approve sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Highly likely: Fanatics, bet365, ESPN BET Are Already Live In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's tally procedure enables every Missouri casino to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 casinos handled by the six gambling establishment operators are anticipated to open in-person sports betting choices such as wagering kiosks and possibly devoted, full-service sportsbooks.

The six sports betting teams can also open in-person sportsbooks within or surrounding to their particular home playing venues. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that enable in-stadium retail sportsbooks.

The language around the ballot measure requires the very 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 lucrative time of the sports betting calendar.
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Missouri sports betting background

The effective Missouri sports betting project comes in spite of millions in funding opposing the measure from among the state's biggest gambling 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 given a minimum of one license per managed residential or commercial property.

Because circumstance in Missouri, Caesars would be paid for a minimum of 3 potential licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property design, companies can either open extra in-house books or, more commonly, farm out the license to a competitor that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting deal with market share, could potentially have a leg up on their competitors by making the pair of untethered licenses. It stays to be seen which two books will earn these slots, however the language around the ballot procedure would seem to favor the two national market leaders.

Polling earlier in the year revealed the "yes" vote with a slight lead. Support efforts were boosted by tens of millions invested by DraftKings and FanDuel.

A series of television and radio advertisements concentrated on the revenue legal sportsbooks would create for Missouri public education. Opponents, moneyed mainly by Caesars, argued the fans' ads were deceptive and the 10s of millions of projected dollars raised would have a minimal impact in a state that already invests billions on education annually.