Missouri Sports Betting Ballot Measure Approved By Voters
Missouri citizens authorized legal mobile and retail sports betting wagering, permitting controlled books to take bets next year.
The sports betting wagering tally measure passed by a slim majority early Wednesday morning after more than 2.9 million votes were counted.
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 locations with Missouri, respectively.
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 this year.
" Missouri has a few of the best sports betting fans worldwide and they revealed up big for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "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 approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose important tax income to our neighboring states. Most notably, the passage of Amendment 2 indicates a new, devoted, long-term financing stream for Missouri class."
Missouri sports betting wagering next actions
Voter approval suggests up to 14 mobile sportsbooks might begin accepting bets next year. It is unlikely all 14 available licenses are used.
DraftKings and FanDuel financed nearly every dollar of the "yes" campaign and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses offered without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).
Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, regardless of opposing the ballot procedure, will likely utilize its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which manages 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 unclear if they will release mobile sportsbooks.
The remaining 6 licenses are booked for each of the major expert 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 companies were among the most popular supporters of the ballot step.
Along with DraftKings, FanDuel and Caesars, Missouri bettors must expect other prominent nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for access to.
Launch likelihood tiers IF Missouri voters authorize 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
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Missouri's tally measure enables every Missouri gambling establishment to open retail sportsbooks on their particular properties. Most if not all 13 gambling establishments handled by the six casino operators are anticipated to open in-person wagering options such as wagering kiosks and possibly devoted, full-service sportsbooks.
The six sports betting groups can also open in-person sportsbooks within or adjacent to their respective home playing locations. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that enable in-stadium retail sportsbooks.
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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, continually books' most rewarding time of the sports betting calendar.
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Missouri sports betting wagering background
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The successful Missouri sports betting wagering project comes regardless of millions in financing opposing the measure from among the state's biggest sports betting stakeholders.
Caesars spent countless dollars to defeat the procedure. In the majority of other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is given at least one license per managed home.
Because scenario in Missouri, Caesars would be managed a minimum of three prospective licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property design, business can either open extra internal books or, more typically, subcontract the license to a rival that pays an accompanying fee in exchange.
FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting wagering deal with market share, could possibly have a leg up on their rivals by earning the pair of untethered licenses. It stays to be seen which two books will earn these slots, however the language around the tally measure would appear to prefer the two nationwide market leaders.
Polling previously in the year showed the "yes" vote with a slight lead. Support efforts were boosted by tens of millions spent by DraftKings and FanDuel.
A series of tv and radio advertisements concentrated on the profits legal sportsbooks would create for Missouri public education. Opponents, funded largely by Caesars, argued the fans' advertisements were misleading and the 10s of countless predicted dollars raised would have a negligible impact in a state that currently spends billions on education yearly.
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