1 Missouri Sports Betting Ballot Measure Approved By Voters
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Missouri citizens authorized legal mobile and retail sports betting, allowing managed books to take bets next year.
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The sports betting wagering tally procedure gone by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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Seven of the eight states surrounding Missouri enable mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided 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 approve sports betting wagering this year.

" Missouri has a few of the finest sports betting fans worldwide and they showed up big for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all 6 of Missouri's professional sports betting franchises, we want to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting wagering and guarantees we no longer lose important tax earnings to our neighboring states. Most importantly, the passage of Amendment 2 indicates a new, devoted, irreversible financing stream for Missouri class."

Missouri sports betting wagering next steps

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

DraftKings and FanDuel funded almost every dollar of the "yes" project and will certainly use 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 gambling establishment or sports betting group (and pay an accompanying charge).

Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the ballot measure, will likely utilize its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely introduce their particular books.
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The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains unclear if they will launch mobile sportsbooks.
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The remaining six licenses are scheduled for each of the significant professional sports betting groups that play home 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 advocates of the tally procedure.

Along with DraftKings, FanDuel and Caesars, Missouri wagerers ought to expect other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market access.

Launch possibility tiers IF Missouri citizens authorize sports betting wagering:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Most likely: Fanatics, bet365, ESPN BET Are Already Reside In Illinois, So Yeah(?): BetRivers, Hard Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's ballot step allows every Missouri gambling establishment to open retail sportsbooks on their respective properties. Most if not all 13 casinos managed by the six casino operators are anticipated to open in-person sports betting options such as sports betting kiosks and potentially devoted, full-service sportsbooks.
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The 6 sports betting groups can also open in-person sportsbooks within or adjacent to their particular home playing venues. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that enable in-stadium retail sportsbooks.

The language around the tally measure requires the first certified 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, continually books' most financially rewarding time of the sports betting calendar.
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Missouri sports betting background

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

Caesars spent millions of dollars to defeat the measure. In a lot 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 property.

In that situation in Missouri, Caesars would be managed at least three possible licenses, one for each casino it manages. Instead, Caesars just has one. In states with the license-per-property model, business can either open extra in-house books or, more frequently, subcontract the license to a rival that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting wagering deal with market share, could possibly have an upper hand on their competitors by making the pair of untethered licenses. It stays to be seen which two books will make these slots, but the language around the ballot procedure would seem to prefer the 2 national market leaders.

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

A series of television and radio advertisements on the income legal sportsbooks would generate for Missouri public education. Opponents, moneyed largely by Caesars, argued the supporters' ads were misleading and the tens of millions of projected dollars raised would have a negligible effect in a state that already invests billions on education each year.