Missouri Sports Betting Ballot Measure Approved By Voters

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


The sports betting wagering tally step passed by a slim majority early Wednesday morning after more than 2.9 million votes were .
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Seven of the 8 states surrounding Missouri permit 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 authorize sports betting wagering this year.


" Missouri has a few of the finest sports betting fans in the world and they revealed up big 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 professional sports betting franchises, we wish to thank the Missouri voters 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 important tax earnings to our neighboring states. Most importantly, the passage of Amendment 2 indicates a brand-new, devoted, irreversible funding stream for Missouri class."


Missouri sports betting wagering next steps


Voter approval indicates approximately 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" project and will certainly 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 group (and pay an accompanying charge).


Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the ballot step, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles 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 remains unclear if they will introduce mobile sportsbooks.


The remaining six licenses are booked for each of the significant expert sports betting teams 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 amongst the most prominent proponents of the ballot measure.


In addition to DraftKings, FanDuel and Caesars, Missouri wagerers must expect other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.


Launch possibility 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 tally measure allows every Missouri casino to open retail sportsbooks on their particular properties. Most if not all 13 casinos managed by the six casino operators are expected to open in-person wagering choices such as sports betting kiosks and possibly committed, full-service sportsbooks.


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


The language around the tally step needs 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 profitable time of the sports betting calendar.


Missouri sports betting wagering background


The successful Missouri sports betting wagering project comes in spite of millions in funding opposing the procedure from among the state's largest gambling stakeholders.


Caesars invested countless dollars to defeat the procedure. In many other states that tie online sports betting wagering with a state's brick-and-mortar gambling establishments, an operator is granted a minimum of one license per handled residential or commercial property.


Because circumstance in Missouri, Caesars would be managed a minimum of three potential licenses, one for each casino it manages. Instead, Caesars just has one. In states with the license-per-property model, companies can either open extra in-house books or, more typically, farm out the license to a rival that pays an accompanying cost in exchange.


FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting deal with market share, might potentially 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 appear to favor the two national market leaders.
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Polling earlier in the year showed the "yes" vote with a slight lead. Support efforts were bolstered by 10s of millions spent by DraftKings and FanDuel.


A series of tv and radio ads concentrated on the profits legal sportsbooks would create for Missouri public education. Opponents, funded largely by Caesars, argued the fans' advertisements were deceptive and the tens of countless projected dollars raised would have a negligible impact in a state that already spends billions on education annually.
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