Missouri citizens approved legal mobile and retail sports betting, permitting managed books to take bets next year.

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

Seven of the eight states surrounding Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis metro locations with Missouri, respectively.
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Missouri is the 39th state to authorize legal sportsbooks and the 31st to green light statewide mobile wagering. It is the only state to authorize sports betting wagering this year.

" Missouri has some of the very best sports betting fans worldwide and they revealed up big for their preferred 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 expert sports betting franchises, we desire to thank the Missouri voters who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose valuable tax profits to our neighboring states. Most importantly, the passage of Amendment 2 suggests a new, devoted, irreversible financing stream for Missouri classrooms."

Missouri sports betting next steps

Voter approval indicates approximately 14 mobile sportsbooks could start accepting bets next year. It is not likely all 14 readily available licenses are used.

DraftKings and FanDuel funded 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 two "untethered" licenses offered without having to partner with a Missouri brick-and-mortar casino or sports betting team (and pay an accompanying fee).

Six licenses are offered to each Missouri casino operator, respectively. Caesars, in spite of opposing the ballot procedure, will likely utilize its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will also likely release their particular books.

The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains uncertain if they will introduce mobile sportsbooks.

The staying six licenses are booked for each of the major 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 organizations were amongst the most popular supporters of the tally measure.

In addition to DraftKings, FanDuel and Caesars, Missouri wagerers must expect other prominent national brands consisting of BetMGM, bet365, BetRivers and Fanatics to look for market access.
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Launch likelihood tiers IF Missouri citizens approve sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Very 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 ballot procedure enables every Missouri gambling establishment to open retail sportsbooks on their respective properties. Most if not all 13 gambling establishments handled by the 6 gambling establishment operators are expected to open in-person wagering choices such as wagering kiosks and possibly devoted, full-service sportsbooks.

The 6 sports betting groups can likewise open in-person sportsbooks within or surrounding to their respective home playing places. 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 ballot measure needs the very first licensed sportsbooks to begin accepting wagers by Dec. 1, 2025. Operators will likely deal with regulators to go live before kick-off of the fall 2025 football season, perennially books' most profitable time of the sports betting calendar.
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Missouri sports betting background

The effective Missouri sports betting wagering campaign comes in spite of millions in financing opposing the measure from one of the state's biggest gambling stakeholders.
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Caesars invested millions of dollars to beat the procedure. In a lot of other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an is given a minimum of one license per handled property.

In that circumstance in Missouri, Caesars would be afforded a minimum of three prospective licenses, one for each casino it handles. Instead, Caesars just has one. In states with the license-per-property model, business can either open additional internal books or, more commonly, subcontract the license to a rival that pays an accompanying fee in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. across the country sports betting manage market share, might potentially have an upper hand on their rivals by earning the pair of untethered licenses. It stays to be seen which 2 books will make these slots, however the language around the tally procedure would appear to favor the 2 nationwide market leaders.

Polling previously in the year revealed the "yes" vote with a minor lead. Support efforts were bolstered by 10s of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the profits legal sportsbooks would produce for Missouri public education. Opponents, moneyed largely by Caesars, argued the advocates' ads were deceptive and the tens of countless forecasted dollars raised would have a minimal effect in a state that currently spends billions on education annually.
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