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

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

Seven of the eight states bordering 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 authorize legal sportsbooks and the 31st to green light statewide mobile wagering. It is the only state to approve sports betting this year.
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" Missouri has some of the very best sports betting fans on the planet and they appeared huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all six of Missouri's expert sports betting franchises, we wish 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 earnings to our neighboring states. Most significantly, the passage of Amendment 2 implies a brand-new, devoted, permanent funding stream for Missouri classrooms."
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Missouri sports betting wagering next actions

Voter approval suggests as much as 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 offered licenses are utilized.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will undoubtedly apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses available without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying charge).
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Six licenses are offered to each Missouri casino operator, respectively. Caesars, regardless of opposing the tally procedure, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely release their respective books.

The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays uncertain if they will launch mobile sportsbooks.
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The remaining six licenses are booked for each of the major professional 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 among the most popular proponents of the tally measure.

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

Launch probability tiers IF Missouri citizens authorize sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 ballot step permits every Missouri gambling establishment to open retail sportsbooks on their particular homes. Most if not all 13 gambling establishments managed by the six gambling establishment operators are expected to open in-person wagering alternatives such as wagering kiosks and potentially devoted, full-service sportsbooks.

The 6 sports betting groups can likewise open in-person sportsbooks within or surrounding to their respective home playing venues. will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that permit in-stadium retail sportsbooks.

The language around the ballot measure needs the 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 lucrative time of the sports betting calendar.

Missouri sports betting background

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

Caesars invested millions of dollars to defeat the measure. In many other states that tie online sports betting wagering with a state's brick-and-mortar gambling establishments, an operator is granted at least one license per handled home.

In that situation in Missouri, Caesars would be paid for at least 3 potential licenses, one for each casino it manages. Instead, Caesars just has one. In states with the license-per-property design, companies can either open extra in-house books or, more frequently, farm out the license to a competitor 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 possibly have an upper hand on their rivals by earning the pair of untethered licenses. It remains to be seen which two books will make these slots, but the language around the tally procedure would appear to favor the 2 national market leaders.

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

A series of television and radio advertisements focused on the income legal sportsbooks would produce for Missouri public education. Opponents, funded largely by Caesars, argued the fans' ads were misleading and the tens of countless predicted dollars raised would have a negligible effect in a state that already invests billions on education every year.