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

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

Seven of the 8 states surrounding Missouri allow 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 authorize sports betting this year.

" Missouri has some of the very best sports betting fans on the planet 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 expert sports betting franchises, we desire to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose valuable tax earnings to our neighboring states. Most importantly, the passage of Amendment 2 indicates a brand-new, dedicated, permanent funding stream for Missouri class."

Missouri sports betting wagering next actions
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Voter approval implies up to 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 offered licenses are used.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will undoubtedly apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses readily available without needing to partner with a Missouri brick-and-mortar casino or sports betting group (and pay an accompanying fee).

Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, regardless of opposing the ballot 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 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 significant expert sports betting teams 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 companies were amongst the most prominent advocates of the ballot step.
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In addition to DraftKings, FanDuel and Caesars, Missouri wagerers must expect other prominent national brands including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.
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Launch likelihood tiers IF Missouri citizens authorize sports betting wagering:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 enables every Missouri casino to open retail sportsbooks on their particular properties. Most if not all 13 gambling establishments managed by the six casino operators are expected to open in-person wagering options such as wagering kiosks and potentially committed, full-service sportsbooks.
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The 6 sports betting groups can likewise open in-person sportsbooks within or adjacent to their respective 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 requires the first licensed sportsbooks to start accepting wagers by Dec. 1, 2025. Operators will likely deal 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 campaign comes in spite of millions in funding opposing the step from one of the state's biggest sports betting stakeholders.

Caesars invested countless dollars to defeat the step. In many other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is approved at least one license per managed property.

In that situation in Missouri, Caesars would be afforded at least three potential licenses, one for each gambling establishment it manages. Instead, Caesars only has one. In states with the license-per-property design, business can either open extra internal books or, more frequently, farm out the license to a rival that pays an accompanying fee in exchange.
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FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting wagering handle market share, could possibly have a leg up on their competitors by making the set of untethered licenses. It stays to be seen which 2 books will earn these slots, however the language around the tally procedure would seem to favor the two national market leaders.

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

A series of tv and radio ads concentrated on the earnings legal sportsbooks would generate for Missouri public education. Opponents, funded mostly by Caesars, argued the fans' advertisements were deceptive and the 10s of countless predicted dollars raised would have a negligible impact in a state that already invests billions on education annually.