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Missouri Sports Betting Ballot Measure Approved By Voters

Missouri voters approved legal mobile and retail sports betting, allowing to take bets next year.

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

Seven of the eight states surrounding Missouri allow mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis city locations 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 some of the best sports betting fans worldwide and they appeared big for their favorite 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 professional sports betting franchises, we wish to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting and ensures we no longer lose valuable tax revenue to our surrounding states. Most notably, the passage of Amendment 2 indicates a new, devoted, permanent funding stream for Missouri class.”

Missouri sports betting wagering next actions

Voter approval implies up to 14 mobile sportsbooks might begin accepting bets next year. It is not likely all 14 available licenses are utilized.

DraftKings and FanDuel financed almost every dollar of the “yes” campaign and will undoubtedly use to take bets in the Show Me State. They will likely each pursue the two “untethered” licenses offered without needing to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying cost).

Six licenses are available to each Missouri casino operator, respectively. Caesars, in spite of opposing the tally step, 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 release their respective books.

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

The staying 6 licenses are reserved for each of the significant expert 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 prominent supporters of the tally procedure.

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

Launch probability tiers IF Missouri citizens 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 allows every Missouri casino to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 gambling establishments managed by the 6 casino operators are anticipated to open in-person sports betting alternatives such as sports betting kiosks and potentially committed, full-service sportsbooks.

The 6 sports betting groups can likewise open in-person sportsbooks within or surrounding to their particular home playing venues. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that allow in-stadium retail sportsbooks.

The language around the ballot step requires the first licensed 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, continually books’ most financially rewarding time of the sports betting calendar.

Missouri sports betting background

The effective Missouri sports betting wagering project comes regardless of millions in funding opposing the procedure from one of the state’s biggest gambling stakeholders.

Caesars spent countless dollars to defeat the procedure. In many other states that connect online sports betting with a state’s brick-and-mortar gambling establishments, an operator is granted a minimum of one license per handled property.

Because scenario in Missouri, Caesars would be paid for at least 3 prospective 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 in-house books or, more typically, subcontract the license to a competitor that pays an accompanying charge in exchange.

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

Polling earlier in the year showed the “yes” vote with a minor lead. Support efforts were boosted by tens of millions spent by DraftKings and FanDuel.

A series of television and radio ads concentrated on the income legal sportsbooks would create for Missouri public education. Opponents, funded mainly by Caesars, argued the advocates’ advertisements were deceptive and the tens of millions of forecasted dollars raised would have a minimal effect in a state that currently invests billions on education yearly.