Missouri Sports Betting Ballot Measure Approved By Voters
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Missouri citizens authorized legal mobile and retail sports betting wagering, allowing controlled books to take bets next year.
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The sports betting ballot procedure passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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Seven of the eight states surrounding Missouri enable 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 sports betting. It is the only state to authorize sports betting this year.

" Missouri has some of the very best sports betting fans in the world and they appeared huge 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 voters who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and ensures we no longer lose valuable tax profits to our surrounding states. Most importantly, the passage of Amendment 2 means a brand-new, devoted, long-term funding stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval indicates up to 14 mobile sportsbooks could start accepting bets next year. It is not likely all 14 offered licenses are utilized.

DraftKings and FanDuel financed nearly every dollar of the "yes" campaign and will undoubtedly 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 available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally procedure, will likely utilize its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely launch their particular books.

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

The remaining 6 licenses are scheduled for each of the major professional 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 organizations were among the most prominent supporters of the ballot measure.

Along with DraftKings, FanDuel and Caesars, Missouri gamblers must anticipate other prominent national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch likelihood tiers IF Missouri citizens authorize sports betting wagering:

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

Missouri's tally procedure allows every Missouri gambling establishment to open retail sportsbooks on their particular homes. Most if not all 13 gambling establishments handled by the 6 casino operators are expected to open in-person sports betting choices such as sports betting kiosks and possibly committed, full-service sportsbooks.

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

The language around the tally procedure needs the very first licensed sportsbooks to start accepting wagers by Dec. 1, 2025. Operators will likely deal with 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 background

The effective Missouri sports betting wagering project 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 defeat the measure. In the majority of other states that tie online sports betting wagering with a state's brick-and-mortar casinos, an operator is approved a minimum of one license per managed property.

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

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting deal with market share, could potentially have an upper hand on their rivals by making the pair of untethered licenses. It stays to be seen which two books will earn these slots, but the language around the tally step would appear to prefer the two nationwide market leaders.
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Polling previously in the year revealed the "yes" vote with a small lead. Support efforts were bolstered by tens of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements concentrated on the income 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 forecasted dollars raised would have a minimal effect in a state that currently invests billions on education annually.