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

The sports betting wagering tally procedure passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.

Seven of the 8 states surrounding Missouri enable mobile or retail sportsbooks. That consists of Kansas and Illinois, which split the Kansas City and St. Louis metro areas with Missouri, respectively.

Missouri is the 39th state to approve legal sportsbooks and the 31st to green light statewide mobile wagering. It is the only state to approve sports betting this year.

" Missouri has a few of the finest sports betting fans worldwide and they revealed up huge for their preferred teams 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 wish to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historical vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose important tax profits to our surrounding states. Most notably, the passage of Amendment 2 means a brand-new, dedicated, permanent funding stream for Missouri class."

Missouri sports betting next actions

Voter approval implies approximately 14 mobile sportsbooks might start accepting bets next year. It is unlikely all 14 available licenses are used.
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DraftKings and FanDuel financed nearly every dollar of the "yes" project and will undoubtedly use 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 gambling establishment or sports betting group (and pay an accompanying fee).

Six licenses are readily available to each Missouri casino operator, respectively. Caesars, despite opposing the ballot step, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely launch their particular books.

The other 3 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 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 among the most prominent proponents of the ballot measure.
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In addition to DraftKings, FanDuel and Caesars, Missouri wagerers should anticipate other prominent nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.
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Launch probability tiers IF Missouri voters approve sports betting:

Guarantees: FanDuel, DraftKings Locks: BetMGM, Likely: Fanatics, bet365, ESPN BET Are Already Reside In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's tally procedure enables every Missouri gambling establishment to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 gambling establishments handled by the 6 gambling establishment operators are expected to open in-person sports betting choices such as wagering kiosks and possibly committed, full-service sportsbooks.

The six sports betting teams can likewise open in-person sportsbooks within or adjacent to their respective home playing venues. 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 procedure needs the 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, continually books' most rewarding time of the sports betting calendar.

Missouri sports betting background

The successful Missouri sports betting wagering project comes regardless of millions in financing opposing the procedure from among the state's largest gambling stakeholders.

Caesars spent millions of dollars to beat the procedure. In the majority of other states that tie online sports betting with a state's brick-and-mortar gambling establishments, an operator is approved at least one license per handled home.

Because scenario in Missouri, Caesars would be managed a minimum of three potential licenses, one for each gambling establishment it handles. Instead, Caesars only has one. In states with the license-per-property design, companies can either open extra in-house books or, more typically, farm out the license to a competitor that pays an accompanying cost in exchange.
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FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting wagering handle market share, might potentially have an upper hand on their competitors by making the set of untethered licenses. It remains to be seen which two books will earn these slots, but the language around the tally step would appear to favor the 2 national market leaders.

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

A series of television and radio advertisements concentrated on the income legal sportsbooks would produce for Missouri public education. Opponents, funded largely by Caesars, argued the supporters' advertisements were deceptive and the 10s of millions of forecasted dollars raised would have a minimal impact in a state that currently spends billions on education every year.