Missouri voters authorized legal mobile and retail sports betting wagering, allowing managed books to take bets next year.

The sports betting wagering ballot step gone by a slim majority early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the 8 states bordering Missouri allow mobile or retail sportsbooks. That includes 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 wagering. 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 preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all 6 of Missouri's professional sports betting franchises, we desire to thank the Missouri voters who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose important tax earnings to our surrounding states. Most notably, the passage of Amendment 2 suggests a brand-new, devoted, long-term financing stream for Missouri class."

Missouri sports betting next actions

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

DraftKings and FanDuel funded nearly every dollar of the "yes" campaign and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the 2 "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 readily available to each Missouri casino operator, respectively. Caesars, in spite of opposing the ballot measure, will likely use its license to the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will also likely introduce their respective books.

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

The staying 6 licenses are scheduled for each of the significant expert sports betting groups 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 advocates of the tally measure.

Along with DraftKings, FanDuel and Caesars, Missouri gamblers need to expect other leading national brands consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri citizens 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

Missouri's ballot step enables every Missouri gambling establishment to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 gambling establishments handled by the six gambling establishment operators are anticipated to open in-person wagering choices such as wagering kiosks and possibly dedicated, full-service sportsbooks.

The six sports betting groups can likewise 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 permit in-stadium retail sportsbooks.

The language around the ballot step needs the first licensed 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, perennially books' most profitable time of the sports betting calendar.
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Missouri sports betting wagering background

The effective Missouri sports betting campaign comes regardless of millions in financing opposing the measure from one of the state's largest sports betting stakeholders.

Caesars invested countless dollars to beat the measure. In many other states that connect online sports betting with a state's brick-and-mortar casinos, an operator is given a minimum of one license per handled property.

In that circumstance in Missouri, Caesars would be paid for a minimum of three potential licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property design, business can either open extra in-house books or, more typically, subcontract the license to a rival that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting manage market share, might potentially have a leg up on their competitors by making the pair of untethered licenses. It remains to be seen which two books will earn these slots, however the language around the ballot procedure would appear to favor the two nationwide market leaders.

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

A series of tv and radio advertisements focused on the profits legal sportsbooks would produce for Missouri public education. Opponents, funded largely by Caesars, argued the supporters' advertisements were deceptive and the tens of millions of predicted dollars raised would have a negligible impact in a state that already invests billions on education annually.
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