Missouri Sports Betting Ballot Measure Approved By Voters
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Missouri voters approved legal mobile and retail sports betting wagering, allowing managed books to take bets next year.
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The sports betting wagering tally step passed by a slim majority early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the 8 states bordering Missouri allow mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis metro areas with Missouri, respectively.

Missouri is the 39th state to authorize legal sportsbooks and the 31st to green light statewide mobile sports betting. It is the only state to authorize sports betting this year.

" Missouri has some of the very best sports betting fans in the world and they appeared big for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all six of Missouri's professional sports betting franchises, we want to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting wagering and guarantees we no longer lose important tax income to our surrounding states. Most notably, the passage of Amendment 2 implies a brand-new, dedicated, irreversible funding stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval suggests as much as 14 mobile sportsbooks could begin accepting bets next year. It is not likely all 14 available licenses are used.
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DraftKings and FanDuel funded nearly every dollar of the "yes" project and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting group (and pay an accompanying charge).

Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally step, will likely use its license to introduce 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 launch mobile sportsbooks.

The remaining 6 licenses are reserved for each of the significant professional 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 among the most popular advocates of the tally measure.

Along with DraftKings, FanDuel and Caesars, Missouri gamblers ought to expect other prominent national brand names including BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch probability tiers IF Missouri voters approve sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Likely: Fanatics, bet365, ESPN BET Are Already Live In Illinois, So Yeah(?): BetRivers, Hard Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's tally measure enables every Missouri gambling establishment to open retail sportsbooks on their particular properties. Most if not all 13 casinos handled by the six casino operators are expected to open in-person wagering options such as wagering kiosks and potentially committed, full-service sportsbooks.

The 6 sports betting teams can also open in-person sportsbooks within or surrounding to their particular home playing places. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that permit in-stadium retail sportsbooks.

The language around the tally measure requires the very first licensed sportsbooks to start 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 profitable time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering campaign comes in spite of millions in financing opposing the step from among the state's biggest gambling stakeholders.

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

Because situation in Missouri, Caesars would be afforded a minimum of 3 potential licenses, one for each casino it handles. Instead, Caesars just has one. In states with the license-per-property design, business can either open additional in-house books or, more typically, subcontract the license to a competitor that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting handle market share, might possibly have a leg up on their rivals by making the pair of untethered licenses. It remains to be seen which two books will make these slots, however the language around the tally procedure would seem to favor the 2 national market leaders.
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Polling previously in the year showed the "yes" vote with a small lead. Support efforts were reinforced by 10s of millions spent by DraftKings and FanDuel.

A series of tv and radio advertisements concentrated on the profits legal sportsbooks would create for Missouri public education. Opponents, funded mainly by Caesars, argued the fans' ads were misleading and the 10s of millions of predicted dollars raised would have a minimal effect in a state that currently invests billions on education every year.
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