bet9ja.com
Missouri voters approved legal mobile and retail sports betting wagering, allowing regulated books to take bets next year.
bet9ja.com
The sports betting wagering ballot measure passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.

Seven of the 8 states bordering Missouri enable mobile or retail sportsbooks. That consists of Kansas and Illinois, which divided the Kansas City and St. Louis city areas 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 this year.

" Missouri has some of the very best sports betting fans in the world and they appeared 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 desire to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose important tax revenue to our surrounding states. Most importantly, the passage of Amendment 2 suggests a new, dedicated, irreversible funding stream for Missouri class."

Missouri sports betting wagering next steps

Voter approval suggests approximately 14 mobile sportsbooks might start accepting bets next year. It is unlikely all 14 offered licenses are utilized.

DraftKings and FanDuel financed almost every dollar of the "yes" project and will undoubtedly 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 casino or sports betting group (and pay an accompanying fee).

Six licenses are readily available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the tally measure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will likewise likely introduce their particular books.

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

The staying 6 licenses are booked for each of the major professional sports betting groups that play home video games in Missouri: MLB's Kansas City Royals and Cardinals, the City Chiefs, NHL's St. Louis Blues, MLS' St. Louis City SC and the NWSL's Kansas City Current. The sports betting companies were among the most prominent supporters of the tally step.

In addition to DraftKings, FanDuel and Caesars, Missouri gamblers need to anticipate other leading nationwide brands including BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri voters authorize sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet 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 measure allows every Missouri casino to open retail sportsbooks on their respective properties. Most if not all 13 casinos handled by the 6 casino operators are anticipated to open in-person sports betting alternatives such as sports betting kiosks and potentially devoted, full-service sportsbooks.

The 6 sports betting teams can also open in-person sportsbooks within or nearby to their respective home playing locations. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. among jurisdictions that enable in-stadium retail sportsbooks.

The language around the tally procedure requires 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 lucrative 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 measure from among the state's biggest 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 casinos, an operator is granted at least one license per managed residential or commercial property.

Because circumstance in Missouri, Caesars would be paid for a minimum of three possible licenses, one for each gambling establishment it handles. Instead, Caesars only has one. In states with the license-per-property design, 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. nationwide sports betting wagering manage market share, might potentially have an upper hand on their rivals by earning 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.

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

A series of television and radio ads concentrated on the income legal sportsbooks would create for Missouri public education. Opponents, moneyed mostly by Caesars, argued the fans' ads were misleading and the 10s of millions of predicted dollars raised would have a negligible impact in a state that currently spends billions on education yearly.
bit.ly