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

The sports betting ballot procedure gone by a slim majority early Wednesday morning after more than 2.9 million votes were counted.

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

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

" Missouri has a few of the very best sports betting fans on the planet and they appeared huge for their favorite teams on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a statement. "On behalf of all 6 of Missouri's expert sports betting franchises, we desire to thank the Missouri citizens who made their voices heard by approving Amendment 2. This historic vote makes Missouri the 39th state to legislate sports betting and ensures we no longer lose important tax earnings to our surrounding states. Most significantly, the passage of Amendment 2 indicates a brand-new, devoted, permanent financing stream for Missouri class."
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Missouri sports betting wagering next steps

Voter approval suggests approximately 14 mobile sportsbooks could begin accepting bets next year. It is not likely all 14 readily available licenses are utilized.

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

Six licenses are readily available to each Missouri casino operator, respectively. Caesars, in spite of opposing the tally measure, will likely utilize its license to release the Caesars mobile sportsbook. Penn Entertainment, which handles 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 remains uncertain if they will release mobile sportsbooks.

The remaining 6 licenses are booked for each of the major expert 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 prominent proponents of the ballot procedure.

In addition to DraftKings, FanDuel and Caesars, Missouri wagerers should expect other prominent national brands including BetMGM, bet365, BetRivers and Fanatics to seek market gain access to.

Launch likelihood tiers IF Missouri voters approve sports betting wagering:
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Guarantees: FanDuel, DraftKings Locks: BetMGM, Bally Bet Most likely: Fanatics, bet365, ESPN BET Are Already Reside 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 respective residential or commercial properties. Most if not all 13 gambling establishments managed by the six casino operators are expected to open in-person sports betting choices such as wagering kiosks and possibly dedicated, full-service sportsbooks.
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The six sports betting teams can likewise open in-person sportsbooks within or adjacent 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.

The language around the ballot measure needs the very first licensed sportsbooks to start accepting wagers by Dec. 1, 2025. Operators will likely work 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 effective Missouri sports betting wagering project comes despite millions in funding opposing the step from among the state's largest sports betting stakeholders.

Caesars invested countless dollars to beat the measure. In most other states that connect online sports betting wagering with a state's brick-and-mortar casinos, an operator is approved at least one license per handled residential or commercial property.

Because circumstance in Missouri, Caesars would be afforded at least 3 potential licenses, one for each gambling establishment it manages. Instead, Caesars just 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 competitor that pays an accompanying charge in exchange.

FanDuel and DraftKings, which have approximately two-thirds of U.S. nationwide sports betting wagering manage market share, could potentially have an upper hand on their competitors by making the set of untethered licenses. It remains to be seen which two books will make these slots, but the language around the tally procedure would appear to prefer the two nationwide market leaders.
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Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were boosted by 10s of millions spent by DraftKings and FanDuel.

A series of television and radio ads concentrated on the income legal sportsbooks would generate for Missouri public education. Opponents, funded mainly by Caesars, argued the fans' ads were deceptive and the 10s of countless projected dollars raised would have a minimal effect in a state that currently spends billions on education yearly.
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