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

The sports betting tally step gone by a slim majority early Wednesday after more than 2.9 million votes were counted.

Seven of the 8 states bordering Missouri allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided the Kansas City and St. Louis city 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.
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" Missouri has some of the finest sports betting fans in the world and they revealed up huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all six of Missouri's expert sports betting franchises, we want 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 guarantees we no longer lose valuable tax earnings to our neighboring states. Most importantly, the passage of Amendment 2 means a brand-new, dedicated, irreversible funding stream for Missouri classrooms."
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Missouri sports betting next steps

Voter approval indicates as much as 14 mobile sportsbooks might start accepting bets next year. It is not likely all 14 available licenses are utilized.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses readily 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 casino operator, respectively. Caesars, regardless of opposing the tally procedure, will likely use its license to release the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely introduce their respective books.

The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays uncertain if they will release mobile sportsbooks.
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The staying six licenses are booked 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 organizations were among the most popular supporters of the ballot measure.

Together with DraftKings, FanDuel and Caesars, Missouri wagerers need to expect other prominent national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch likelihood tiers IF Missouri voters approve sports betting:
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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, Acid Rock, Circa Opposed Referendum But Still Might: Caesars

Missouri's ballot procedure enables every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 gambling establishments handled by the six gambling establishment operators are expected to open in-person wagering alternatives such as wagering kiosks and possibly committed, full-service sportsbooks.

The six sports betting teams can likewise open in-person sportsbooks within or adjacent to their respective home playing venues. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that allow in-stadium retail sportsbooks.
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The language around the tally procedure requires the very first licensed 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 successful Missouri sports betting project comes regardless of millions in financing opposing the procedure from among the state's biggest sports betting stakeholders.

Caesars invested countless dollars to defeat the procedure. 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 handled home.

In that scenario in Missouri, Caesars would be managed at least 3 potential licenses, one for each casino it manages. Instead, Caesars just has one. In states with the license-per-property design, business can either open extra internal books or, more commonly, farm out the license to a competitor that pays an accompanying fee in exchange.
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FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting handle market share, might potentially have a leg up on their rivals by earning the pair of untethered licenses. It remains to be seen which 2 books will make these slots, but the language around the tally step would appear to favor the 2 national market leaders.

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

A series of tv and radio advertisements focused on the income legal sportsbooks would produce for Missouri public education. Opponents, funded mainly by Caesars, argued the fans' ads were deceptive and the tens of countless forecasted dollars raised would have a minimal impact in a state that currently invests billions on education each year.