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Missouri citizens authorized legal mobile and retail sports betting, allowing to take bets next year.

The sports betting tally procedure passed by a slim majority early Wednesday early morning after more than 2.9 million votes were counted.
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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 metro areas with Missouri, respectively.

Missouri is the 39th state to authorize 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 a few of the very best sports betting fans in the world and they showed up huge for their preferred teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all six of Missouri's professional sports betting franchises, we desire to thank the Missouri citizens who made their voices heard by authorizing Amendment 2. This historic vote makes Missouri the 39th state to legalize sports betting and guarantees we no longer lose valuable tax profits to our surrounding states. Most notably, the passage of Amendment 2 indicates a brand-new, dedicated, permanent funding stream for Missouri class."

Missouri sports betting wagering next steps

Voter approval means approximately 14 mobile sportsbooks could begin accepting bets next year. It is unlikely all 14 available licenses are used.

DraftKings and FanDuel financed almost every dollar of the "yes" campaign and will certainly apply 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 fee).

Six licenses are available to each Missouri casino operator, respectively. Caesars, despite opposing the ballot procedure, will likely use its license to launch the Caesars mobile sportsbook. Penn Entertainment, which manages ESPN Bet, and Bally's (Bally Bet) will also likely release their respective books.

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

The staying 6 licenses are booked for each of the major 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 organizations were amongst the most popular advocates of the ballot step.

Together with DraftKings, FanDuel and Caesars, Missouri wagerers need to expect other prominent national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch probability 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, Acid Rock, Circa Opposed Referendum But Still Might: Caesars

Missouri's tally measure allows every Missouri gambling establishment to open retail sportsbooks on their particular properties. Most if not all 13 gambling establishments handled by the 6 gambling establishment operators are expected to open in-person sports betting alternatives such as sports betting kiosks and potentially committed, full-service sportsbooks.

The six sports betting groups can also open in-person sportsbooks within or adjacent to their particular home playing venues. Missouri will join Illinois, Maryland, Arizona, Connecticut, and Washington, D.C. amongst jurisdictions that permit in-stadium retail sportsbooks.

The language around the tally measure requires the very first certified 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.

Missouri sports betting background

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

Caesars invested millions of dollars to defeat the step. 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 property.

Because situation in Missouri, Caesars would be managed at least three possible licenses, one for each gambling establishment it handles. Instead, Caesars only has one. In states with the license-per-property model, business can either open extra in-house books or, more commonly, farm out the license to a competitor that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have roughly two-thirds of U.S. across the country sports betting wagering manage market share, could possibly have a leg up on their rivals by making the set of untethered licenses. It remains to be seen which two books will make these slots, but the language around the ballot measure would appear to prefer the two nationwide market leaders.
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Polling previously in the year showed the "yes" vote with a small lead. Support efforts were boosted by tens of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the revenue legal sportsbooks would create for Missouri public education. Opponents, moneyed mainly by Caesars, argued the fans' advertisements were deceptive and the 10s of millions of predicted dollars raised would have a negligible impact in a state that already spends billions on education each year.
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