Missouri voters authorized legal mobile and retail sports betting, allowing regulated books to take bets next year.
The sports betting ballot step passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the eight states bordering Missouri allow mobile or . That includes Kansas and Illinois, which split the Kansas City and St. Louis city 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 approve sports betting wagering this year.
" Missouri has a few of the very best sports betting fans on the planet and they showed up 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 6 of Missouri's expert sports betting franchises, we want to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and ensures we no longer lose important tax profits to our surrounding states. Most notably, the passage of Amendment 2 suggests a new, devoted, long-term financing stream for Missouri classrooms."
Missouri sports betting wagering next actions
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Voter approval indicates as much as 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 available licenses are used.
DraftKings and FanDuel financed nearly every dollar of the "yes" project and will certainly apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses readily available without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying fee).
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Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the tally procedure, will likely use its license to introduce 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 remains uncertain if they will introduce mobile sportsbooks.
The remaining 6 licenses are reserved for each of the major professional sports betting teams 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 proponents of the ballot procedure.
Together with DraftKings, FanDuel and Caesars, Missouri wagerers should expect other prominent nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.
Launch likelihood tiers IF Missouri voters authorize sports betting:
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
Missouri's tally procedure allows every Missouri gambling establishment to open retail sportsbooks on their respective residential or commercial properties. Most if not all 13 casinos managed by the 6 casino operators are anticipated to open in-person sports betting alternatives such as wagering kiosks and potentially devoted, full-service sportsbooks.
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The six sports betting groups can likewise open in-person sportsbooks within or nearby to their particular home playing places. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that permit in-stadium retail sportsbooks.
The language around the tally procedure 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 lucrative time of the sports betting calendar.
Missouri sports betting wagering background
The effective Missouri sports betting project comes in spite of millions in funding opposing the procedure from among the state's largest sports betting stakeholders.
Caesars invested millions of dollars to beat the step. In the majority of other states that tie online sports betting wagering with a state's brick-and-mortar casinos, an operator is granted at least one license per handled residential or commercial property.
In that scenario in Missouri, Caesars would be paid for at least 3 possible licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property model, business can either open additional internal books or, more typically, subcontract the license to a competitor that pays an accompanying charge in exchange.
FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting wagering deal with market share, could possibly have an upper hand on their competitors by earning the set of untethered licenses. It stays to be seen which two books will make these slots, however the language around the tally measure would appear to favor the two national market leaders.
Polling previously in the year revealed the "yes" vote with a minor lead. Support efforts were boosted by 10s of millions invested by DraftKings and FanDuel.
A series of tv and radio advertisements concentrated on the income legal sportsbooks would generate for Missouri public education. Opponents, funded mainly by Caesars, argued the fans' advertisements were deceptive and the 10s of countless projected dollars raised would have a minimal impact in a state that currently invests billions on education every year.
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Missouri Sports Betting Ballot Measure Approved By Voters
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