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

The sports betting wagering tally procedure gone 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 split the Kansas City and St. Louis metro 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.
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" Missouri has a few of the very best sports betting fans on the planet and they appeared big for their favorite 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 historic vote makes Missouri the 39th state to legislate sports betting wagering and guarantees we no longer lose important tax income to our neighboring states. Most notably, the passage of Amendment 2 suggests a brand-new, dedicated, long-term funding stream for Missouri classrooms."

Missouri sports betting next actions

Voter approval suggests up to 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 readily available licenses are utilized.

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

Six licenses are offered to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the ballot procedure, will likely use its license to introduce the Caesars mobile sportsbook. Penn Entertainment, which handles ESPN Bet, and Bally's (Bally Bet) will likewise likely release their particular books.

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

The remaining 6 licenses are scheduled for each of the significant 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 among the most popular proponents of the ballot procedure.

Along with DraftKings, FanDuel and Caesars, Missouri bettors need to expect other leading nationwide brands including BetMGM, bet365, BetRivers and Fanatics to look for market access.

Launch likelihood tiers IF Missouri citizens approve sports betting:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Highly likely: Fanatics, bet365, ESPN BET Are Already Reside In Illinois, So Yeah(?): BetRivers, Hard Rock, Circa Opposed Referendum But Still Might: Caesars
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Missouri's ballot measure permits every Missouri gambling establishment to open retail sportsbooks on their particular properties. Most if not all 13 gambling establishments managed by the 6 gambling establishment operators are anticipated to open in-person wagering choices such as sports betting kiosks and potentially devoted, full-service sportsbooks.

The 6 sports betting teams can likewise open in-person sportsbooks within or nearby to their particular home playing locations. Missouri will join 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 measure 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 lucrative time of the sports betting calendar.

Missouri sports betting background
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The effective Missouri sports betting wagering project comes despite millions in financing opposing the measure from one of the state's biggest gambling stakeholders.

Caesars spent countless dollars to beat the step. In the majority of other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is approved a minimum of one license per managed home.
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In that scenario in Missouri, Caesars would be managed at least 3 possible licenses, one for each casino it manages. Instead, Caesars only has one. In states with the license-per-property design, companies can either open additional in-house books or, more typically, subcontract the license to a competitor that pays an accompanying cost in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting wagering handle market share, could potentially have an upper hand on their rivals by making the set of untethered licenses. It remains to be seen which two books will earn these slots, however the language around the ballot step would appear to favor the 2 nationwide market leaders.

Polling previously in the year showed the "yes" vote with a slight lead. Support efforts were reinforced by 10s of millions spent by DraftKings and FanDuel.

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