Missouri voters authorized legal mobile and retail sports betting, permitting controlled books to take bets next year.
bet9ja.com
The sports betting wagering ballot measure gone by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
bit.ly
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 city areas 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 authorize sports betting wagering this year.

" Missouri has a few of the best sports betting fans worldwide and they appeared huge for their favorite 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 professional sports betting franchises, we wish to thank the Missouri voters 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 valuable tax revenue to our surrounding states. Most importantly, the passage of Amendment 2 means a new, devoted, long-term financing stream for Missouri class."

Missouri sports betting next actions

Voter approval means up to 14 mobile sportsbooks could start accepting bets next year. It is unlikely all 14 offered licenses are utilized.

DraftKings and FanDuel funded nearly every dollar of the "yes" campaign and will undoubtedly use 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 group (and pay an accompanying cost).

Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally measure, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles 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 remains uncertain if they will launch mobile sportsbooks.

The staying six licenses are reserved for each of the significant expert 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 companies were amongst the most popular proponents of the tally measure.

In addition to DraftKings, FanDuel and Caesars, Missouri bettors ought to anticipate other prominent nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri citizens approve sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Highly 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 procedure allows every Missouri casino to open retail sportsbooks on their particular properties. Most if not all 13 casinos managed by the six gambling establishment operators are expected to open in-person wagering options such as wagering kiosks and potentially devoted, full-service sportsbooks.

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

The language around the tally procedure needs the very 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, perennially books' most financially rewarding time of the sports betting calendar.

Missouri sports betting background

The effective Missouri sports betting campaign comes regardless of millions in funding opposing the measure from one of the state's biggest gambling stakeholders.

Caesars invested millions of dollars to beat the step. In a lot of other states that tie online sports betting with a state's brick-and-mortar gambling establishments, an operator is approved a minimum of one license per handled home.

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

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting handle market share, could potentially have a leg up on their rivals by earning the set of untethered licenses. It stays to be seen which 2 books will earn these slots, however the language around the tally measure would seem to prefer the 2 nationwide market leaders.
bet9ja.com
Polling previously in the year showed the "yes" vote with a minor lead. Support efforts were boosted by tens of millions spent by DraftKings and FanDuel.

A series of tv and radio ads concentrated on the revenue legal sportsbooks would create for education. Opponents, moneyed mainly by Caesars, argued the fans' advertisements were deceptive and the tens of millions of projected dollars raised would have a minimal effect in a state that currently spends billions on education annually.
bit.ly