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

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

Seven of the 8 states surrounding Missouri permit mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis city areas with Missouri, respectively.

Missouri is the 39th state to authorize 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 some of the finest sports betting fans in the world and they showed up big for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all 6 of Missouri's expert sports betting franchises, we wish 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 wagering and ensures we no longer lose important tax earnings to our surrounding states. Most importantly, the passage of Amendment 2 suggests a brand-new, devoted, long-term funding stream for Missouri class."

Missouri sports betting next steps
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Voter approval suggests approximately 14 mobile sportsbooks could begin accepting bets next year. It is not likely all 14 offered licenses are utilized.

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 offered 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 offered to each establishment operator, respectively. Caesars, regardless of opposing the tally measure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely introduce their respective books.

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

The staying 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 companies were among the most prominent supporters of the ballot procedure.

In addition to DraftKings, FanDuel and Caesars, Missouri gamblers need to expect other leading national brand names including BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch probability tiers IF Missouri citizens authorize sports betting:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 step permits every Missouri casino to open retail sportsbooks on their respective properties. Most if not all 13 casinos handled by the 6 gambling establishment operators are anticipated to open in-person wagering options such as sports betting kiosks and possibly committed, full-service sportsbooks.

The six sports betting groups can likewise open in-person sportsbooks within or surrounding to their respective home playing locations. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that enable in-stadium retail sportsbooks.

The language around the tally measure needs the very 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, perennially books' most financially rewarding time of the sports betting calendar.
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Missouri sports betting background

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

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

Because circumstance in Missouri, Caesars would be afforded a minimum of three possible licenses, one for each casino it handles. Instead, Caesars just has one. In states with the license-per-property design, business can either open extra in-house books or, more commonly, 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 wagering handle market share, could possibly have an upper hand on their competitors by making the pair of untethered licenses. It stays to be seen which 2 books will make these slots, however the language around the ballot measure would appear to favor the 2 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, moneyed mostly by Caesars, argued the supporters' ads were deceptive and the tens of countless forecasted dollars raised would have a minimal impact in a state that already invests billions on education yearly.