Missouri citizens authorized legal mobile and retail sports betting, permitting managed books to take bets next year.
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The sports betting wagering ballot procedure passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.

Seven of the 8 states surrounding Missouri allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which split 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 some of the best sports betting fans in the world and they revealed 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 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 guarantees we no longer lose valuable tax profits to our surrounding states. Most importantly, the passage of Amendment 2 implies a new, dedicated, irreversible funding stream for Missouri class."

Missouri sports betting next actions

Voter approval indicates up to 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 available without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).

Six licenses are offered to each Missouri casino operator, respectively. Caesars, in spite of opposing the tally procedure, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely introduce their particular books.

The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays uncertain if they will introduce mobile sportsbooks.
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The remaining 6 licenses are scheduled for each of the significant professional sports betting groups 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 popular advocates of the ballot measure.
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Together with DraftKings, FanDuel and Caesars, Missouri gamblers must anticipate other prominent national brands including BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch likelihood tiers IF Missouri voters authorize sports betting wagering:

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

Missouri's tally step enables every Missouri gambling establishment to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 casinos managed by the six gambling establishment operators are anticipated to open in-person sports betting alternatives such as wagering kiosks and potentially dedicated, full-service sportsbooks.
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The six sports betting teams can also open in-person sportsbooks within or surrounding to their respective home playing venues. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that permit in-stadium retail sportsbooks.
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The language around the tally measure requires the very first certified 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, continually books' most profitable time of the sports betting calendar.

Missouri sports betting background
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The effective Missouri sports betting wagering campaign comes despite millions in funding opposing the step from one of the state's largest gambling stakeholders.
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Caesars spent countless dollars to defeat the measure. In the majority of other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is given at least one license per managed property.

Because circumstance in Missouri, Caesars would be paid for at least 3 potential licenses, one for each casino it handles. Instead, Caesars only has one. In states with the license-per-property model, companies can either open extra internal books or, more typically, farm out the license to a rival that pays an in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting handle market share, could possibly have a leg up on their competitors by making the set of untethered licenses. It stays to be seen which two books will earn these slots, but the language around the tally measure would seem to prefer the two national market leaders.

Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were reinforced by tens of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the earnings legal sportsbooks would produce for Missouri public education. Opponents, funded mostly by Caesars, argued the supporters' ads were deceptive and the 10s of countless projected dollars raised would have a negligible impact in a state that already spends billions on education yearly.