Missouri sports bettors can place legal wagers with sportsbooks in-state starting Dec. 1. Several additional turning points pre-date the launch.
Missouri Sports Betting Launches Dec. 1: Regulators are examining license applications for a planned launch of online and retail sportsbooks on Dec. 1.
License Types and Key Dates Set: Two untethered licenses will be granted Aug. 15; others should partner with gambling establishments or groups and use by Sept. 12.
Top Brands Expected to Enter Market: FanDuel, DraftKings, BetMGM, bet365, and others prepare to release in Missouri, which uses a low tax rate and charge structure.
Missouri regulators are working to authorize what is expected to be roughly a dozen sportsbooks thinking about introducing in the Show Me State. Applications for all prospective licensees opened May 15. Any book, in-person or online, granted a license can accept bets beginning Dec. 1.
Sportsbooks are eligible for among three license types, which will be announced at differing dates ahead of the go-live date.
Sportsbooks pursuing one of 2 "untethered" licenses are due July 15. These licenses don't require sportsbooks to partner with a land-based casino or professional sports team, creating a potentially structured process for market access.
FanDuel and DraftKings, the 2 nationwide sports wagering leaders by market share, are anticipated to use for the 2 untethered licenses. The Missouri Gaming Commission (MGC), which will identify the two license holders, has stated publicly that the award choice is open to any qualified licensee.
Applicants can appear before the MGC Aug. 13. A choice statement is set for Aug. 15.
Online sportsbooks that didn't win one of the 2 untethered openings have until Sept. 12 to make an application for a license in partnership with one of the state's brick-and-mortar gambling establishments or professional sports groups. The licensees will be revealed some time ahead of the Dec. 1 launch.
Prospective Missouri sportsbooks
A number of the prominent nationwide brand names have actually already announced intentions to go live in Missouri.
FanDuel and DraftKings revealed they would do so on their particular corporate incomes calls previously this year. The business spent a combined $30 million on a 2024 tally step to back amending the state constitution to support legal Missouri sports betting.
BetMGM, the No. 3 online video gaming operator by market share, likewise announced its Missouri launch plans during a recent revenues call. Bet365 is also a sure thing following a market gain access to deal with MLB's St. Louis Cardinals.
ESPN BET supervisor PENN Entertainment and Bally Bet moms and dad Bally's have direct market access by means of their operations of Missouri gambling establishments. Caesars, which originally opposed the ballot measure over issues of limited market gain access to deals for its brick-and-mortar properties, likewise has a direct course to introducing its mobile sportsbook.
Other most likely entrants are BetRivers, Fanatics, and Underdog. Additional national brand names such as Acid rock, which runs in neighboring Illinois, might likewise have an interest in the state.
Missouri's 10% tax rate on gross video gaming profits and $500,000 license charge are below the nationwide average amongst the 39 states that have approved legal sportsbooks.
Missouri sports betting launch delay discussed
After sports wagering legalization efforts stopped working in the legislature for a number of years, DraftKings, FanDuel and the state's professional sports groups led a campaign to get a sports wagering tally procedure before citizens in November 2024. The measure directly passed after surviving legal challenges and the Caesars-led opposition campaign.
The MGC had wanted to approve all necessary follow-up regulations in time for a June 30 launch. Instead, the Secretary of State's office rejected a strategy to expedite the licensing procedure, which pushed the timeline back nearly five months.
