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Missouri citizens authorized legal mobile and retail sports betting, allowing controlled books to take bets next year.
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The sports betting wagering tally measure gone by a slim majority early Wednesday morning after more than 2.9 million votes were counted.

Seven of the 8 states surrounding Missouri enable 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 authorize legal sportsbooks and the 31st to green light statewide mobile sports betting. It is the only state to authorize sports betting this year.

" Missouri has some of the best sports betting fans on the planet and they appeared big for their favorite 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 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 and ensures we no longer lose important tax earnings to our neighboring states. Most significantly, the passage of Amendment 2 suggests a new, dedicated, irreversible funding stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval means up to 14 mobile sportsbooks might begin accepting bets next year. It is not likely all 14 readily available licenses are utilized.

DraftKings and FanDuel funded nearly every dollar of the "yes" project and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses offered without having to partner with a Missouri brick-and-mortar casino or sports betting group (and pay an accompanying fee).

Six licenses are readily available to each Missouri casino operator, respectively. Caesars, regardless of opposing the ballot procedure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles 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 unclear if they will launch mobile sportsbooks.

The remaining six licenses are scheduled for each of the significant 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 popular supporters of the ballot procedure.

Together with DraftKings, FanDuel and Caesars, Missouri bettors must anticipate other leading nationwide brand names including BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch probability tiers IF Missouri voters approve sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 step allows every Missouri gambling establishment to open retail sportsbooks on their particular homes. Most if not all 13 casinos managed by the 6 casino operators are expected to open in-person wagering alternatives such as wagering kiosks and possibly dedicated, full-service sportsbooks.

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

The language around the tally step needs the first certified sportsbooks to begin 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 financially rewarding time of the sports betting calendar.

Missouri sports betting background

The effective Missouri sports betting project comes regardless of millions in financing opposing the procedure from among the state's biggest sports betting stakeholders.

Caesars spent countless dollars to defeat the procedure. In most other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is granted a minimum of one license per handled home.

Because situation in Missouri, Caesars would be managed at least 3 possible licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property design, business can either open additional internal books or, more commonly, farm out the license to a rival that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting wagering manage market share, could possibly have an upper hand on their competitors by earning the set of untethered licenses. It remains to be seen which two books will earn these slots, however the language around the ballot procedure would seem to favor the two nationwide market leaders.
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Polling earlier in the year revealed the "yes" vote with a slight lead. Support efforts were reinforced by 10s of millions invested by DraftKings and FanDuel.

A series of television and radio advertisements focused on the revenue legal sportsbooks would create for Missouri public education. Opponents, funded mostly by Caesars, argued the supporters' advertisements were deceptive and the 10s of millions of predicted dollars raised would have a minimal effect in a state that currently spends billions on education each year.