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

The sports betting wagering ballot step gone by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.

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 areas with Missouri, respectively.
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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 wagering this year.

" Missouri has a few of the very best sports betting fans in the world and they revealed up huge for their favorite teams 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 desire to thank the Missouri voters who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose valuable tax revenue to our neighboring states. Most significantly, the passage of Amendment 2 implies a new, dedicated, permanent funding stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval suggests up to 14 mobile sportsbooks might start accepting bets next year. It is not likely all 14 readily available licenses are used.

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 offered without having to partner with a Missouri brick-and-mortar casino or sports betting group (and pay an accompanying charge).

Six licenses are available to each Missouri casino operator, respectively. Caesars, despite opposing the tally measure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely release their respective books.

The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays unclear if they will release mobile sportsbooks.
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The remaining 6 licenses are booked for each of the significant expert sports betting groups that play home video 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 step.
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In addition to DraftKings, FanDuel and Caesars, Missouri bettors need to expect other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market access.
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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 Reside In Illinois, So Yeah(?): BetRivers, Hard Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's tally procedure enables every Missouri gambling establishment to open retail sportsbooks on their respective homes. Most if not all 13 casinos managed by the six gambling establishment operators are anticipated to open in-person sports betting choices such as sports betting kiosks and potentially committed, full-service sportsbooks.

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

The language around the tally measure 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, perennially books' most rewarding time of the sports betting calendar.
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Missouri sports betting wagering background

The successful Missouri sports betting campaign comes in spite of millions in funding opposing the procedure from one of the state's biggest sports betting stakeholders.

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

In that situation in Missouri, Caesars would be afforded at least 3 potential licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property design, companies can either open additional internal books or, more commonly, farm out the license to a competitor that pays an accompanying charge in exchange.
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FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting handle market share, might potentially have an upper hand on their competitors by earning the pair of untethered licenses. It stays to be seen which 2 books will make these slots, however the language around the tally step would seem to favor the 2 national market leaders.

Polling previously in the year revealed the "yes" vote with a small lead. Support efforts were strengthened by tens of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements concentrated on the earnings legal sportsbooks would generate for Missouri public education. Opponents, funded largely by Caesars, argued the were misleading and the 10s of millions of forecasted dollars raised would have a negligible effect in a state that currently invests billions on education each year.