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Missouri voters approved legal mobile and retail sports betting wagering, allowing regulated books to take bets next year.

The sports betting wagering tally measure gone by a slim bulk 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 approve 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 worldwide and they revealed up huge for their favorite teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, stated in a statement. "On behalf of all 6 of Missouri's expert sports betting franchises, we want to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and ensures we no longer lose important tax revenue to our neighboring states. Most notably, the passage of Amendment 2 indicates a new, dedicated, permanent financing stream for Missouri classrooms."

Missouri sports betting wagering next actions

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

DraftKings and FanDuel financed almost every dollar of the "yes" project and will certainly 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 gambling establishment or sports betting group (and pay an accompanying charge).

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

The other three operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains unclear if they will release mobile sportsbooks.

The staying 6 licenses are reserved for each of the significant professional 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 were among the most popular supporters of the tally procedure.

Along with DraftKings, FanDuel and Caesars, Missouri wagerers need to anticipate other leading national brand names including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch possibility tiers IF Missouri citizens authorize sports betting wagering:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Very most likely: Fanatics, bet365, ESPN BET Are Already Live In Illinois, So Yeah(?): BetRivers, Hard Rock, Circa Opposed Referendum But Still Might: Caesars

Missouri's ballot step allows every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 gambling establishments managed by the six gambling establishment operators are anticipated to open in-person wagering options such as wagering kiosks and potentially committed, full-service sportsbooks.

The 6 sports betting groups can likewise open in-person sportsbooks within or adjacent to their particular home playing places. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that allow in-stadium retail sportsbooks.
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The language around the tally step requires the very 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, perennially books' most rewarding time of the sports betting calendar.
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Missouri sports betting wagering background
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The effective Missouri sports betting project comes regardless of millions in financing opposing the step from among the state's largest gambling stakeholders.

Caesars invested countless dollars to beat the step. In many other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is granted at least one license per managed property.
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Because situation in Missouri, Caesars would be paid for a minimum of 3 possible licenses, one for each gambling establishment it handles. Instead, Caesars only has one. In states with the license-per-property model, companies can either open additional in-house books or, more commonly, 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. across the country sports betting manage market share, might potentially have an upper hand on their competitors by earning the pair of untethered licenses. It stays to be seen which 2 books will make these slots, but the language around the ballot step would appear to prefer the 2 nationwide market leaders.

Polling earlier in the year revealed the "yes" vote with a minor lead. Support efforts were bolstered by tens of millions invested 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 mostly by Caesars, argued the fans' ads were deceptive and the 10s of countless forecasted dollars raised would have a minimal impact in a state that currently invests billions on education yearly.