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

The sports betting wagering ballot step gone by a slim majority early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the eight states bordering Missouri allow mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis metro 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 approve sports betting this year.
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” Missouri has a few of the very best sports betting fans in the world and they showed up 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 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 important tax earnings to our neighboring states. Most significantly, the passage of Amendment 2 means a new, dedicated, permanent funding stream for Missouri class.”

Missouri sports betting next actions

Voter approval suggests as much as 14 mobile sportsbooks might start accepting bets next year. It is unlikely all 14 readily available licenses are used.

DraftKings and FanDuel funded nearly every dollar of the “yes” campaign and will unquestionably 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 group (and pay an accompanying cost).

Six licenses are readily available to each Missouri casino operator, respectively. Caesars, in spite of opposing the tally procedure, will likely utilize its license to release the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally’s (Bally Bet) will likewise likely launch their particular books.

The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays unclear if they will release mobile sportsbooks.

The staying six licenses are reserved for each of the significant professional 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 prominent proponents of the ballot measure.

Along with DraftKings, FanDuel and Caesars, Missouri wagerers need to anticipate other prominent nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market access.

Launch possibility tiers IF Missouri voters authorize sports betting:

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

Missouri’s tally step permits every Missouri casino to open retail sportsbooks on their particular properties. Most if not all 13 gambling establishments managed by the 6 casino operators are anticipated to open in-person sports betting options such as sports betting kiosks and possibly committed, full-service sportsbooks.

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

The language around the tally procedure requires the very first certified sportsbooks to start accepting wagers by Dec. 1, 2025. 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 campaign comes in spite of millions in financing opposing the step from among the state’s largest sports betting stakeholders.

Caesars invested millions of dollars to defeat the step. In a lot of other states that tie online sports betting wagering with a state’s brick-and-mortar gambling establishments, an operator is approved a minimum of one license per handled property.

Because scenario in Missouri, Caesars would be managed a minimum of three potential licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property model, business 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 approximately two-thirds of U.S. across the country sports betting wagering manage market share, might possibly have an upper hand on their rivals by making the pair of untethered licenses. It remains to be seen which 2 books will earn these slots, but the language around the ballot measure would appear to prefer the two nationwide market leaders.
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Polling previously in the year revealed the “yes” vote with a minor 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 create for Missouri public education. Opponents, funded mainly by Caesars, argued the supporters’ advertisements were misleading and the tens of millions of projected dollars raised would have a negligible effect in a state that already invests billions on education yearly.
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