Missouri citizens approved legal mobile and retail sports betting, allowing regulated books to take bets next year.

The sports betting wagering tally procedure passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.

Seven of the eight states bordering Missouri allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided 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 wagering this year.

" Missouri has a few of the best sports betting fans in the world and they appeared 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 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 wagering and guarantees we no longer lose valuable tax income to our neighboring states. Most importantly, the passage of Amendment 2 means a brand-new, dedicated, long-term financing stream for Missouri classrooms."

Missouri sports betting wagering next actions

Voter approval means approximately 14 mobile sportsbooks might start accepting bets next year. It is unlikely all 14 available licenses are used.
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DraftKings and FanDuel funded nearly every dollar of the "yes" campaign and will certainly use to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses readily available without having to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying charge).

Six licenses are available to each Missouri casino operator, respectively. Caesars, in spite of opposing the tally 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.
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The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays uncertain if they will launch mobile sportsbooks.

The staying six licenses are booked for each of the major professional 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 amongst the most prominent advocates of the tally measure.

Along with DraftKings, FanDuel and Caesars, Missouri bettors need to expect other prominent nationwide brand names including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri citizens authorize sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Very 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 residential or commercial properties. Most if not all 13 casinos handled by the six gambling establishment operators are anticipated to open in-person wagering alternatives such as wagering kiosks and possibly dedicated, full-service sportsbooks.

The six sports betting groups can also open in-person sportsbooks within or surrounding to their particular home playing locations. 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 needs the 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, continually books' most lucrative time of the sports betting calendar.

Missouri sports betting background

The effective Missouri sports betting wagering project comes despite millions in funding opposing the procedure from one of the state's biggest sports betting stakeholders.

Caesars invested countless dollars to beat the procedure. In most other states that tie online sports betting wagering with a state's brick-and-mortar gambling establishments, an operator is given a minimum of one license per managed home.
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Because scenario in Missouri, Caesars would be afforded a minimum of 3 possible licenses, one for each casino it handles. Instead, Caesars just has one. In states with the license-per-property design, companies can either open additional internal books or, more frequently, farm out the license to a competitor that pays an accompanying fee in exchange.
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FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting wagering manage market share, could potentially have an upper hand on their competitors by earning the pair of untethered licenses. It remains to be seen which 2 books will make these slots, however the language around the ballot step would appear to prefer the two nationwide market leaders.

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

A series of tv and radio ads concentrated on the income legal sportsbooks would generate for Missouri public education. Opponents, moneyed largely by Caesars, argued the were misleading and the tens of millions of predicted dollars raised would have a minimal impact in a state that already spends billions on education yearly.