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Missouri citizens authorized legal mobile and retail sports betting, permitting regulated books to take bets next year.
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The sports betting wagering tally procedure gone by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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Seven of the 8 states surrounding Missouri allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided 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 some of the very best sports betting fans worldwide and they appeared huge 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 wish to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose valuable tax income to our neighboring states. Most notably, the passage of Amendment 2 implies a new, dedicated, irreversible funding stream for Missouri classrooms."

Missouri sports betting wagering next steps

Voter approval implies up to 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 readily available licenses are used.

DraftKings and FanDuel funded almost every dollar of the "yes" campaign and will unquestionably use to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses available without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).

Six licenses are readily available to each Missouri casino operator, respectively. Caesars, in spite of opposing the ballot procedure, will likely utilize its license to release the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely release their respective books.

The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays uncertain if they will release mobile .

The staying 6 licenses are reserved for each of the significant 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. Louis City SC and the NWSL's Kansas City Current. The sports betting organizations were among the most popular proponents of the tally procedure.

Along with DraftKings, FanDuel and Caesars, Missouri wagerers must expect other leading national brand names including BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch likelihood tiers IF Missouri voters approve sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Very most likely: Fanatics, bet365, ESPN BET Are Already Live In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa Opposed Referendum But Still Might: Caesars

Missouri's ballot measure permits every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 casinos handled by the 6 casino operators are anticipated to open in-person wagering choices such as wagering kiosks and possibly committed, full-service sportsbooks.

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

The language around the ballot procedure requires the very first certified sportsbooks to begin 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 financially rewarding time of the sports betting calendar.

Missouri sports betting wagering background

The successful Missouri sports betting wagering project comes despite millions in funding opposing the measure from one of the state's largest sports betting stakeholders.

Caesars spent millions of dollars to beat the measure. In the majority of other states that connect online sports betting with a state's brick-and-mortar casinos, an operator is given at least one license per managed property.

In that situation in Missouri, Caesars would be paid for at least 3 prospective licenses, one for each casino it handles. Instead, Caesars only has one. In states with the license-per-property design, business can either open additional in-house books or, more commonly, farm out the license to a rival that pays an accompanying cost in exchange.

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

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

A series of tv and radio advertisements focused on the profits legal sportsbooks would generate for Missouri public education. Opponents, funded mainly by Caesars, argued the supporters' ads 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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