Missouri Sports Betting Ballot Measure Approved By Voters
Missouri voters approved legal mobile and retail sports betting wagering, permitting controlled books to take bets next year.
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The sports betting tally step passed by a slim bulk early Wednesday morning after more than 2.9 million votes were counted.
Seven of the eight states bordering Missouri permit 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 wagering. It is the only state to approve sports betting wagering this year.
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" Missouri has some of the very best sports betting fans in the world and they revealed up huge 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 professional sports betting franchises, we wish to thank the Missouri voters who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting wagering and ensures we no longer lose important tax earnings to our surrounding states. Most importantly, the passage of Amendment 2 means a new, devoted, long-term funding stream for Missouri class."
Missouri sports betting wagering next actions
Voter approval suggests as much as 14 mobile sportsbooks might start accepting bets next year. It is not likely all 14 offered licenses are used.
DraftKings and FanDuel funded nearly every dollar of the "yes" campaign and will certainly use to take bets in the Show Me State. They will likely each pursue the two "untethered" licenses readily available without having to partner with a Missouri brick-and-mortar casino or sports betting group (and pay an accompanying cost).
Six licenses are offered to each Missouri casino operator, respectively. Caesars, in spite of opposing the tally step, 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 introduce their respective books.
The other 3 operators are Boyd Gaming, Century Casino, and Affinity Interactive. It remains unclear if they will release mobile sportsbooks.
The staying six licenses are booked for each of the major professional 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 organizations were amongst the most popular proponents of the tally step.
In addition to DraftKings, FanDuel and Caesars, Missouri gamblers should expect other leading nationwide brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.
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Launch likelihood tiers IF Missouri voters authorize sports betting wagering:
Guarantees: FanDuel, DraftKings
Locks: BetMGM, Bally Bet
Very 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 permits every Missouri casino to open retail sportsbooks on their respective homes. Most if not all 13 casinos handled by the six casino operators are expected to open in-person wagering alternatives such as wagering kiosks and potentially dedicated, full-service sportsbooks.
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The 6 sports betting teams can also open in-person sportsbooks within or surrounding to their particular home playing places. Missouri will sign up with Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that permit in-stadium retail sportsbooks.
The language around the tally procedure requires the very first certified 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 financially rewarding time of the sports betting calendar.
Missouri sports betting background
The successful Missouri sports betting campaign comes in spite of millions in funding opposing the step from one of the state's largest gambling stakeholders.
Caesars spent countless dollars to defeat the procedure. In many other states that connect online sports betting with a state's brick-and-mortar gambling establishments, an operator is given a minimum of one license per handled residential or commercial property.
In that situation in Missouri, Caesars would be afforded a minimum of three possible licenses, one for each gambling establishment it handles. Instead, Caesars just has one. In states with the license-per-property model, companies can either open books or, more typically, subcontract the license to a competitor that pays an accompanying charge in exchange.
FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting manage market share, might potentially have a leg up 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 ballot procedure would appear to favor the 2 national market leaders.
Polling earlier in the year revealed the "yes" vote with a minor lead. Support efforts were boosted by 10s of millions spent by DraftKings and FanDuel.
A series of television and radio advertisements concentrated on the revenue legal sportsbooks would generate for Missouri public education. Opponents, moneyed mostly by Caesars, argued the fans' ads were deceptive and the tens of countless forecasted dollars raised would have a negligible effect in a state that already invests billions on education yearly.
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