Missouri Sports Betting Ballot Measure Approved By Voters > 자유게시판

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

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

Seven of the eight states bordering Missouri enable mobile or retail sportsbooks. That includes Kansas and Illinois, which split the Kansas City and St. Louis city locations 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.

" Missouri has some of the very best sports betting fans on the planet and they showed up big for their favorite groups on Election Day," Bill DeWitt III, president of the St. Louis Cardinals, said in a declaration. "On behalf of all 6 of Missouri's professional sports betting franchises, we want 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 valuable tax revenue to our neighboring states. Most significantly, the passage of Amendment 2 implies a new, dedicated, permanent funding stream for Missouri classrooms."

Missouri sports betting wagering next steps

Voter approval indicates up to 14 mobile sportsbooks could begin accepting bets next year. It is not likely all 14 available licenses are used.

DraftKings and FanDuel funded nearly every dollar of the "yes" project and will certainly apply to take bets in the Show Me State. They will likely each pursue the 2 "untethered" licenses available without needing to partner with a Missouri brick-and-mortar gambling establishment or sports betting team (and pay an accompanying cost).

Six licenses are available to each Missouri gambling establishment operator, respectively. Caesars, despite opposing the ballot procedure, will likely utilize its license to launch the Caesars mobile sportsbook. Penn Entertainment, which handles 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 remains uncertain if they will introduce mobile sportsbooks.

The remaining six licenses are reserved for each of the significant 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 among the most prominent proponents of the ballot measure.

Along with DraftKings, FanDuel and Caesars, Missouri wagerers must anticipate other leading national brand names consisting of BetMGM, bet365, BetRivers and Fanatics to look for market gain access to.

Launch probability tiers IF Missouri voters authorize sports betting:

Guarantees: FanDuel, DraftKings
Locks: BetMGM, Bally Bet
Very most likely: Fanatics, bet365, ESPN BET
Are Already Live In Illinois, So Yeah(?): BetRivers, Acid Rock, Circa
Opposed Referendum But Still Might: Caesars

Missouri's ballot procedure enables every Missouri casino to open retail sportsbooks on their particular residential or commercial properties. Most if not all 13 casinos handled by the six gambling establishment operators are expected to open in-person sports betting alternatives such as wagering kiosks and possibly dedicated, full-service sportsbooks.

The 6 sports betting groups can also 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 enable in-stadium retail sportsbooks.

The language around the tally step needs the very first certified sportsbooks to start 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 profitable time of the sports betting calendar.

Missouri sports betting wagering background

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

Caesars invested millions of dollars to defeat the procedure. In many other states that tie online sports betting with a state's brick-and-mortar casinos, an operator is given a minimum of one license per handled residential or commercial property.

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

FanDuel and DraftKings, which have roughly two-thirds of U.S. nationwide sports betting market share, might possibly have a leg up on their rivals by earning the pair of untethered licenses. It stays to be seen which two books will earn these slots, however the language around the tally measure would appear to favor the 2 national market leaders.

Polling earlier in the year showed the "yes" vote with a small lead. Support efforts were strengthened by 10s of millions invested by DraftKings and FanDuel.

A series of tv and radio advertisements focused on the profits legal sportsbooks would generate for Missouri public education. Opponents, moneyed mainly by Caesars, argued the fans' ads were deceptive and the tens of millions of projected dollars raised would have a negligible effect in a state that already invests billions on education annually.