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

The sports betting ballot procedure passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.

Seven of the 8 states bordering Missouri permit mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis city locations with Missouri, respectively.
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Missouri is the 39th state to 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 a few of the very best sports betting fans on the planet and they revealed up huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all 6 of Missouri's professional 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 legislate sports betting wagering and ensures we no longer lose important tax revenue to our surrounding states. Most significantly, the passage of Amendment 2 indicates a new, dedicated, long-term financing stream for Missouri class."
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Missouri sports betting wagering next steps
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Voter approval means approximately 14 mobile sportsbooks might start accepting bets next year. It is unlikely all 14 readily available licenses are used.

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 needing to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying cost).

Six licenses are offered to each Missouri casino operator, respectively. Caesars, despite opposing the ballot procedure, 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.

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

The remaining 6 licenses are booked for each of the significant professional 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 amongst the most popular proponents of the ballot procedure.

Together with DraftKings, FanDuel and Caesars, Missouri gamblers must expect other leading nationwide brands including BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch likelihood tiers IF Missouri citizens approve sports betting wagering:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Likely: Fanatics, bet365, ESPN BET Are Already Reside In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa Opposed Referendum But Still Might: Caesars

Missouri's tally measure enables every Missouri gambling establishment to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 gambling establishments managed by the 6 gambling establishment operators are anticipated to open in-person sports betting alternatives such as sports betting kiosks and potentially dedicated, full-service sportsbooks.
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The six sports betting teams can also open in-person sportsbooks within or adjacent to their respective home playing locations. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that permit in-stadium retail sportsbooks.

The language around the ballot measure requires the first licensed 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, continually books' most rewarding time of the sports betting calendar.

Missouri sports betting wagering background

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

Caesars invested countless dollars to defeat the measure. In a lot of other states that connect online sports betting with a state's brick-and-mortar gambling establishments, an operator is approved a minimum of one license per managed property.

Because situation in Missouri, Caesars would be managed at least 3 prospective licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property model, business can either open additional in-house books or, more typically, subcontract the license to a competitor that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting wagering deal with market share, might potentially have a leg up 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 tally measure would seem to prefer the 2 national market leaders.

Polling earlier in the year revealed the "yes" vote with a slight lead. Support efforts were bolstered by tens of millions spent by DraftKings and FanDuel.

A series of tv and radio ads concentrated on the earnings legal sportsbooks would produce for Missouri public education. Opponents, moneyed mostly by Caesars, argued the supporters' ads were misleading and the 10s of millions of projected dollars raised would have a minimal effect in a state that currently invests billions on education every year.