This will delete the page "Missouri Sports Betting Ballot Measure Approved By Voters"
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Missouri citizens approved legal mobile and retail sports betting wagering, permitting managed books to take bets next year.
The sports betting tally measure 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 bordering 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.
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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 wagering this year.
" Missouri has a few of the best sports betting fans on the planet and they showed up huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all six of Missouri's expert sports betting franchises, we desire to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose valuable tax earnings to our surrounding states. Most importantly, the passage of Amendment 2 means a new, dedicated, permanent financing stream for Missouri classrooms."
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Missouri sports betting wagering next actions
Voter approval indicates up to 14 mobile sportsbooks might start accepting bets next year. It is not likely all 14 offered licenses are utilized.
DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will unquestionably use to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses offered without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).
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 also likely launch their respective books.
The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays unclear if they will launch mobile sportsbooks.
The remaining six licenses are reserved for each of the significant expert sports betting teams that play home video games in Missouri: MLB's Kansas City Royals and Cardinals, the 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 prominent supporters of the ballot step.
In addition to DraftKings, FanDuel and Caesars, Missouri wagerers need to anticipate other prominent national brands consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.
Launch probability tiers IF Missouri citizens approve sports betting:
Guarantees: FanDuel, DraftKings
Locks: BetMGM, Bally Bet
Highly likely: Fanatics, bet365, ESPN BET
Are Already Live In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa
Opposed Referendum But Still Might: Caesars
Missouri's ballot step permits every Missouri gambling establishment to open retail sportsbooks on their respective homes. Most if not all 13 casinos handled by the six gambling establishment operators are expected to open in-person wagering choices such as sports betting kiosks and possibly committed, full-service sportsbooks.
The six 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. amongst jurisdictions that allow in-stadium retail sportsbooks.
The language around the tally step requires the first certified sportsbooks to begin 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 financially rewarding time of the sports betting calendar.
Missouri sports betting wagering background
The effective Missouri sports betting wagering campaign comes despite millions in financing opposing the step from among the state's biggest sports betting stakeholders.
Caesars invested countless dollars to defeat the step. In the majority of other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is given a minimum of one license per handled property.
Because circumstance in Missouri, Caesars would be afforded a minimum of three potential licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property design, companies can either open additional internal books or, more frequently, subcontract the license to a competitor that pays an accompanying charge in exchange.
FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting wagering manage market share, might potentially have an upper hand on their rivals by making the pair of untethered licenses. It stays to be seen which 2 books will earn these slots, however the language around the tally measure would seem to favor the two national market leaders.
Polling earlier in the year revealed the "yes" vote with a small lead. Support efforts were strengthened by tens of millions spent by DraftKings and FanDuel.
A series of tv and radio ads focused on the revenue legal sportsbooks would produce for Missouri public education. Opponents, funded largely by Caesars, argued the fans' ads were misleading and the tens of countless predicted dollars raised would have a minimal effect in a state that already invests billions on education every year.
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This will delete the page "Missouri Sports Betting Ballot Measure Approved By Voters"
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