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

The sports betting ballot step gone by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.

Seven of the eight states bordering Missouri enable mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis metro locations with Missouri, respectively.
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Missouri is the 39th state to approve legal sportsbooks and the 31st to green light statewide mobile sports betting. It is the only state to approve sports betting wagering this year.

" Missouri has a few of the best sports betting fans worldwide and they showed up big for their favorite teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a statement. "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 authorizing Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose valuable tax earnings to our surrounding states. Most notably, the passage of Amendment 2 suggests a new, devoted, irreversible financing stream for Missouri classrooms."

Missouri sports betting next actions

Voter approval implies as much as 14 mobile sportsbooks could begin accepting bets next year. It is not likely all 14 available licenses are used.

DraftKings and FanDuel funded nearly every dollar of the "yes" campaign and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses readily available without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying charge).

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

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

The remaining 6 licenses are scheduled for each of the significant expert 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 amongst the most popular supporters of the tally step.

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

Launch likelihood tiers IF Missouri voters approve sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Most 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 measure enables every Missouri casino to open retail sportsbooks on their particular properties. Most if not all 13 gambling establishments managed by the six casino operators are anticipated to open in-person wagering choices such as sports betting kiosks and possibly devoted, full-service sportsbooks.
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The six sports betting teams can also open in-person sportsbooks within or nearby to their respective home playing venues. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that allow in-stadium retail sportsbooks.
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The language around the ballot step needs the 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, continually books' most financially rewarding time of the sports betting calendar.
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Missouri sports betting background

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

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

In that circumstance 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, business can either open extra in-house books or, more typically, farm out the license to a rival that pays an accompanying cost in exchange.
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FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting deal with market share, could possibly have a leg up on their competitors by making the pair of untethered licenses. It stays to be seen which 2 books will make these slots, however the language around the ballot step would appear to favor the 2 nationwide market leaders.

Polling previously in the year revealed the "yes" vote with a minor lead. Support efforts were bolstered by tens of by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the profits legal sportsbooks would create for Missouri public education. Opponents, funded largely by Caesars, argued the supporters' ads were misleading and the 10s of countless forecasted dollars raised would have a negligible effect in a state that currently spends billions on education yearly.
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