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

The sports betting wagering ballot measure gone by a slim bulk 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 includes Kansas and Illinois, which divided the Kansas City and St. Louis metro areas 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.
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" Missouri has a few of the best sports betting fans in the world and they appeared big for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all 6 of Missouri's expert sports betting franchises, we desire to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting and ensures we no longer lose important tax profits to our neighboring states. Most significantly, the passage of Amendment 2 indicates a brand-new, dedicated, permanent financing stream for Missouri classrooms."

Missouri sports betting next steps
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Voter approval implies up to 14 mobile sportsbooks could start accepting bets next year. It is unlikely all 14 available licenses are used.

DraftKings and FanDuel financed nearly every dollar of the "yes" project and will certainly apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses available without needing to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying charge).

Six licenses are offered to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the ballot procedure, will likely utilize 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.
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The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays uncertain if they will release mobile sportsbooks.

The staying 6 licenses are booked for each of the major expert sports betting teams 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 among the most prominent proponents of the tally procedure.

Together with DraftKings, FanDuel and Caesars, Missouri bettors must expect other prominent national brands including BetMGM, bet365, BetRivers and Fanatics to look for market access.

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

Missouri's ballot measure enables every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 gambling establishments managed by the 6 casino operators are anticipated to open in-person sports betting options such as wagering kiosks and possibly committed, full-service sportsbooks.

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

The language around the ballot step requires the very 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 profitable time of the sports betting calendar.

Missouri sports betting wagering background

The effective Missouri sports betting campaign comes despite millions in financing opposing the step from among the state's largest gambling stakeholders.

Caesars spent countless dollars to beat the step. In many other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is approved a minimum of one license per managed home.

Because scenario in Missouri, Caesars would be managed at least 3 prospective licenses, one for each it handles. Instead, Caesars just has one. In states with the license-per-property model, business can either open additional internal books or, more typically, subcontract the license to a rival that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting manage market share, could 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 step would seem to favor the 2 nationwide market leaders.

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

A series of tv and radio advertisements focused on the profits legal sportsbooks would produce for Missouri public education. Opponents, funded largely by Caesars, argued the fans' ads were deceptive and the tens of millions of projected dollars raised would have a negligible impact in a state that currently invests billions on education every year.