Missouri voters authorized legal mobile and retail sports betting, permitting regulated books to take bets next year.

The sports betting wagering tally procedure passed by a slim bulk early Wednesday early morning after more than 2.9 million votes were counted.

Seven of the 8 states bordering Missouri permit mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided the Kansas City and St. Louis metro locations with Missouri, respectively.

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

" Missouri has a few of the very best sports betting fans worldwide and they appeared huge for their preferred 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 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 legalize sports betting wagering and guarantees we no longer lose important tax revenue to our neighboring states. Most importantly, the passage of Amendment 2 means a new, devoted, irreversible financing stream for Missouri classrooms."

Missouri sports betting next actions
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Voter approval implies up to 14 mobile sportsbooks could start accepting bets next year. It is not likely all 14 offered licenses are used.

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 gambling establishment operator, respectively. Caesars, regardless of opposing the tally measure, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely release their particular books.

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 staying 6 licenses are reserved for each of the major professional 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 among the most popular advocates of the tally step.
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Together with DraftKings, FanDuel and Caesars, Missouri bettors must expect other leading national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch possibility tiers IF Missouri voters approve sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 step enables every Missouri gambling establishment to open retail sportsbooks on their particular properties. Most if not all 13 casinos managed by the 6 gambling establishment operators are anticipated to open in-person wagering alternatives such as wagering kiosks and potentially devoted, full-service sportsbooks.

The six sports betting teams can likewise open in-person sportsbooks within or adjacent to their particular home playing venues. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that allow in-stadium retail sportsbooks.

The language around the ballot procedure 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, most lucrative time of the sports betting calendar.

Missouri sports betting wagering background

The successful Missouri sports betting wagering campaign comes regardless of millions in funding opposing the procedure from among the state's biggest sports betting stakeholders.

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

Because circumstance in Missouri, Caesars would be paid for a minimum of three potential licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property model, business can either open extra internal books or, more commonly, farm out the license to a rival that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting deal with market share, might possibly have an upper hand on their competitors by making the set of untethered licenses. It stays to be seen which 2 books will earn these slots, however the language around the tally procedure would appear to favor the two nationwide market leaders.

Polling earlier in the year showed the "yes" vote with a slight lead. Support efforts were boosted by tens of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements concentrated on the earnings legal sportsbooks would generate for Missouri public education. Opponents, moneyed largely by Caesars, argued the fans' advertisements were deceptive and the 10s of countless projected dollars raised would have a minimal impact in a state that already spends billions on education each year.