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Missouri voters authorized legal mobile and retail sports betting, permitting managed books to take bets next year.
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The sports betting wagering ballot step passed by a slim majority early Wednesday morning after more than 2.9 million votes were counted.
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Seven of the 8 states bordering Missouri permit mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided 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 finest sports betting fans in the world and they showed up huge for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a declaration. "On behalf of all 6 of Missouri's professional sports betting franchises, we wish 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 wagering and ensures we no longer lose important tax profits to our surrounding states. Most importantly, the passage of Amendment 2 implies a new, dedicated, long-term funding stream for Missouri class."
Missouri sports betting wagering next actions
Voter approval suggests up to 14 mobile sportsbooks could begin accepting bets next year. It is not likely all 14 readily available licenses are utilized.
DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will unquestionably apply to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses available without having to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying charge).
Six licenses are offered to each Missouri casino operator, respectively. Caesars, regardless of opposing the ballot step, will likely use 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 stays unclear if they will launch mobile sportsbooks.
The staying 6 licenses are scheduled for each of the major 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 organizations were amongst the most prominent advocates of the ballot measure.
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In addition to DraftKings, FanDuel and Caesars, Missouri gamblers must expect other prominent national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.
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Launch possibility tiers IF Missouri citizens authorize sports betting:
Guarantees: FanDuel, DraftKings
Locks: BetMGM, Bally Bet
Very most 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 enables every Missouri casino to open retail sportsbooks on their respective residential or commercial properties. Most if not all 13 gambling establishments managed by the six casino operators are expected to open in-person sports betting choices such as wagering kiosks and possibly devoted, full-service sportsbooks.
The six sports betting teams can also open in-person sportsbooks within or surrounding to their respective home playing locations. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that allow in-stadium retail sportsbooks.
The language around the tally step needs 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 financially rewarding time of the sports betting calendar.
Missouri sports betting wagering background
The successful Missouri sports betting wagering project comes despite millions in funding opposing the procedure from among the state's biggest sports betting stakeholders.
Caesars spent countless dollars to beat the measure. In many other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is given at least one license per handled property.
In that scenario in Missouri, Caesars would be afforded at least 3 potential licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property design, business can either open extra in-house books or, more frequently, farm out the license to a competitor that pays an accompanying fee in exchange.
FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting wagering manage market share, could possibly have a leg up on their rivals by earning the set of licenses. It stays to be seen which two books will make these slots, however the language around the ballot measure would seem to prefer the 2 national market leaders.
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Polling previously in the year showed the "yes" vote with a slight lead. Support efforts were reinforced by 10s of millions spent by DraftKings and FanDuel.
A series of television and radio ads concentrated on the earnings legal sportsbooks would produce for Missouri public education. Opponents, funded mainly by Caesars, argued the advocates' ads were misleading and the 10s of countless forecasted dollars raised would have a minimal effect in a state that currently spends billions on education annually.
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This will delete the page "Missouri Sports Betting Ballot Measure Approved By Voters"
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