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1 Missouri Sports Betting Ballot Measure Approved By Voters

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

The sports betting wagering ballot step passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.

Seven of the eight states surrounding Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which divided 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 sports betting. It is the only state to authorize sports betting wagering this year.

" Missouri has some of the very best sports betting fans on the planet and they appeared big for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all six of Missouri's professional sports betting franchises, we desire to thank the Missouri voters who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting wagering and ensures we no longer lose important tax income to our neighboring states. Most importantly, the passage of Amendment 2 indicates a new, devoted, permanent funding stream for Missouri class."

Missouri sports betting wagering next actions

Voter approval suggests as much as 14 mobile sportsbooks could start accepting bets next year. It is not likely all 14 offered licenses are used.

DraftKings and FanDuel funded almost every dollar of the "yes" project 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 fee).

Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally procedure, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely launch their respective books.

The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains uncertain if they will introduce mobile sportsbooks.

The remaining six licenses are booked for each of the major 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 organizations were amongst the most prominent supporters of the tally procedure.

In addition to DraftKings, FanDuel and Caesars, Missouri gamblers must anticipate other leading nationwide brands consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch likelihood tiers IF Missouri voters approve sports betting wagering:

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

Missouri's tally step permits 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 devoted, full-service sportsbooks.

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

The language around the ballot step needs the 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, perennially books' most rewarding time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering campaign comes despite millions in funding opposing the step from one of the state's biggest sports betting stakeholders.

Caesars spent millions of dollars to defeat the step. In many other states that tie online sports betting with a state's brick-and-mortar gambling establishments, an operator is given a minimum of one license per handled home.

Because situation in Missouri, Caesars would be managed 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 extra internal books or, more commonly, 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 wagering handle market share, could possibly have a leg up on their rivals by making the set of untethered licenses. It stays to be seen which 2 books will earn these slots, but the around the ballot measure would seem to favor the 2 nationwide market leaders.
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Polling previously in the year showed the "yes" vote with a slight lead. Support efforts were strengthened by 10s of millions spent by DraftKings and FanDuel.

A series of television and radio ads focused on the income legal sportsbooks would produce for Missouri public education. Opponents, funded largely by Caesars, argued the fans' ads were deceptive and the 10s of countless predicted dollars raised would have a negligible effect in a state that currently invests billions on education each year.
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