Missouri citizens approved legal mobile and retail sports betting wagering, permitting managed books to take bets next year.

The sports betting wagering tally measure passed 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 includes Kansas and Illinois, which divided the Kansas City and St. Louis metro areas 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 authorize sports betting wagering this year.

" Missouri has some of the very best sports betting fans in the world and they appeared huge for their preferred 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 historical vote makes Missouri the 39th state to legalize sports betting wagering and ensures we no longer lose important tax revenue to our surrounding states. Most notably, the passage of Amendment 2 indicates a brand-new, dedicated, long-term funding stream for Missouri class."

Missouri sports betting wagering next actions

Voter approval implies up to 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 offered licenses are used.
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DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will certainly use to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses 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, despite opposing the ballot step, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will also likely launch their particular books.
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The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains uncertain if they will launch mobile sportsbooks.

The staying six licenses are booked 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 companies were amongst the most prominent supporters of the tally measure.

In addition to DraftKings, FanDuel and Caesars, Missouri wagerers ought to anticipate other prominent national brand names including BetMGM, bet365, BetRivers and Fanatics to look for market access.
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Launch likelihood tiers IF Missouri voters approve sports betting wagering:

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

Missouri's ballot measure allows 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 6 casino operators are expected to open in-person wagering choices such as wagering kiosks and potentially dedicated, full-service sportsbooks.

The six sports betting teams can also open in-person sportsbooks within or nearby to their respective home playing venues. 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 ballot measure needs the first licensed sportsbooks to start accepting wagers by Dec. 1, 2025. Operators will likely deal with regulators to go live before of the fall 2025 football season, continually books' most rewarding time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering project comes regardless of millions in financing opposing the step from among the state's biggest gambling 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 gambling establishments, an operator is granted at least one license per handled residential or commercial property.

Because circumstance in Missouri, Caesars would be afforded at least three potential licenses, one for each casino it handles. Instead, Caesars only has one. In states with the license-per-property model, business can either open extra internal books or, more frequently, subcontract the license to a competitor that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting deal with market share, might potentially have a leg up on their competitors by earning the set of untethered licenses. It remains to be seen which 2 books will make these slots, however the language around the ballot procedure would appear to prefer the two national market leaders.

Polling previously in the year revealed the "yes" vote with a slight 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 largely by Caesars, argued the fans' advertisements were deceptive and the tens of millions of projected dollars raised would have a negligible effect in a state that already spends billions on education annually.