1 Missouri Sports Betting Ballot Measure Approved By Voters
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Missouri voters approved legal mobile and retail sports betting, allowing managed books to take bets next year.
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The sports betting wagering ballot procedure passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the 8 states surrounding Missouri permit 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 approve legal sportsbooks and the 31st to green light statewide mobile wagering. It is the only state to approve sports betting this year.

" Missouri has a few of the very best sports betting fans worldwide and they appeared big for their favorite 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 wish to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose important tax revenue to our surrounding states. Most significantly, the passage of Amendment 2 means a new, dedicated, long-term financing stream for Missouri class."

Missouri sports betting wagering next steps
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Voter approval implies up to 14 mobile sportsbooks could begin accepting bets next year. It is not likely all 14 offered licenses are utilized.

DraftKings and FanDuel funded nearly every dollar of the "yes" project and will undoubtedly apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses available without needing to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying cost).

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

The remaining six licenses are booked 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 supporters of the tally step.

In addition to DraftKings, FanDuel and Caesars, Missouri wagerers must anticipate other leading national brands consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri voters approve sports betting:

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

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

The 6 sports betting teams can likewise open in-person sportsbooks within or surrounding to their respective home playing locations. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that enable in-stadium retail sportsbooks.
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The language around the ballot procedure requires the very first certified sportsbooks to start accepting wagers by Dec. 1, 2025. Operators will likely work 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 campaign comes regardless of millions in funding opposing the step from one of the state's largest gambling stakeholders.

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

Because circumstance in Missouri, Caesars would be afforded a minimum of 3 potential licenses, one for each casino it handles. Instead, Caesars only has one. In states with the license-per-property design, companies can either open additional internal books or, more typically, farm out 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 handle market share, might potentially have an upper hand on their competitors by earning the pair of untethered licenses. It remains to be seen which two books will make these slots, however the language around the ballot procedure would appear to prefer the 2 nationwide market leaders.
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Polling earlier in the year showed the "yes" vote with a minor lead. Support efforts were bolstered by 10s of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements concentrated on the earnings legal sportsbooks would create for Missouri public education. Opponents, funded largely by Caesars, argued the advocates' ads were misleading and the tens of countless predicted dollars raised would have a negligible impact in a state that already invests billions on education annually.
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