Missouri voters authorized legal mobile and retail sports betting, permitting controlled books to take bets next year.

The sports betting wagering ballot measure 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 allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis metro areas 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 very best sports betting fans worldwide and they appeared big for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all six of Missouri's expert 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 legislate sports betting wagering and guarantees we no longer lose important tax income to our surrounding states. Most importantly, the passage of Amendment 2 implies a new, devoted, long-term funding stream for Missouri classrooms."

Missouri sports betting wagering next actions

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

DraftKings and FanDuel financed 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 available without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying cost).

Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally procedure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will also likely launch their particular books.

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

The staying 6 licenses are scheduled for each of the major expert 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. SC and the NWSL's Kansas City Current. The sports betting organizations were among the most prominent advocates of the tally measure.

Together with DraftKings, FanDuel and Caesars, Missouri gamblers must anticipate other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch possibility tiers IF Missouri citizens authorize sports betting wagering:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Very most likely: Fanatics, bet365, ESPN BET Are Already Live In Illinois, So Yeah(?): BetRivers, Hard Rock, Circa Opposed Referendum But Still Might: Caesars

Missouri's tally procedure enables every Missouri casino to open retail sportsbooks on their respective residential or commercial properties. Most if not all 13 casinos managed by the six casino operators are anticipated to open in-person sports betting alternatives such as sports betting kiosks and potentially committed, full-service sportsbooks.

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

The language around the tally step requires the very first certified 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 rewarding time of the sports betting calendar.
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Missouri sports betting wagering background
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The successful Missouri sports betting project comes despite millions in funding opposing the measure from among the state's largest sports betting stakeholders.

Caesars invested millions of dollars to beat the measure. In the majority of other states that tie online sports betting with a state's brick-and-mortar gambling establishments, an operator is granted at least one license per handled property.
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Because scenario in Missouri, Caesars would be paid for a minimum of three prospective licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property model, companies can either open additional in-house books or, more frequently, subcontract the license to a rival that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting wagering manage market share, could possibly have an upper hand on their rivals by making the pair of untethered licenses. It stays to be seen which two books will earn these slots, but the language around the tally step would appear to prefer the 2 nationwide market leaders.

Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were boosted by 10s of millions invested by DraftKings and FanDuel.

A series of television and radio ads focused on the profits legal sportsbooks would generate for Missouri public education. Opponents, funded mostly by Caesars, argued the advocates' advertisements were deceptive and the 10s of countless forecasted dollars raised would have a minimal impact in a state that already spends billions on education each year.