bet9ja.com
Missouri citizens approved legal mobile and retail sports betting, allowing regulated books to take bets next year.

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

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 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 on the planet and they showed up huge for their preferred groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a statement. "On behalf of all six of Missouri's expert sports betting franchises, we want to thank the Missouri voters who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting and guarantees we no longer lose valuable tax revenue to our neighboring states. Most significantly, the passage of Amendment 2 indicates a new, devoted, irreversible financing stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval implies as much as 14 mobile sportsbooks could 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" project 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 team (and pay an accompanying cost).

Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, in spite of opposing the tally step, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely release their respective books.

The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It stays unclear 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 organizations were among the most prominent advocates of the tally procedure.

Along with DraftKings, FanDuel and Caesars, Missouri bettors ought to expect other prominent national brand names including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri citizens authorize sports betting:

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

Missouri's tally step permits every Missouri casino to open retail sportsbooks on their particular homes. Most if not all 13 casinos handled by the 6 casino operators are anticipated to open in-person wagering alternatives such as wagering kiosks and potentially committed, full-service sportsbooks.
bet9ja.com
The six sports betting teams 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. amongst jurisdictions that allow in-stadium retail sportsbooks.

The language around the tally procedure needs the first licensed sportsbooks to start 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 lucrative time of the sports betting calendar.

Missouri sports betting wagering background

The effective Missouri sports betting project comes regardless of millions in funding opposing the measure from among the state's largest sports betting stakeholders.

Caesars invested millions of dollars to defeat the measure. In the majority of other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is granted a minimum of one license per handled residential or commercial property.
bit.ly
In that scenario in Missouri, would be paid for a minimum of 3 prospective licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property model, companies can either open extra in-house books or, more frequently, farm out the license to a competitor that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting manage market share, could possibly have an upper hand on their rivals by making the pair of untethered licenses. It remains to be seen which two books will make these slots, but the language around the tally step would seem to prefer the two national market leaders.

Polling previously in the year revealed the "yes" vote with a slight lead. Support efforts were boosted by tens of millions spent by DraftKings and FanDuel.

A series of television and radio ads concentrated on the revenue legal sportsbooks would produce for Missouri public education. Opponents, moneyed mostly by Caesars, argued the advocates' ads were deceptive and the 10s of millions of predicted dollars raised would have a negligible effect in a state that currently invests billions on education every year.