Missouri sports wagerers can position legal wagers with sportsbooks in-state starting Dec. 1. Several additional milestones pre-date the launch.

Missouri Sports Betting Launches Dec. 1: Regulators are reviewing 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 plan to introduce in Missouri, which offers a low tax rate and cost structure.

Missouri regulators are working to approve what is expected to be approximately a lots sportsbooks interested in introducing in the Show Me State. Applications for all prospective licensees opened May 15. Any book, in-person or online, awarded a license can accept bets beginning Dec. 1.

Sportsbooks are qualified for among three license types, which will be revealed at differing dates ahead of the go-live date.

Sportsbooks pursuing one of two "untethered" licenses are due July 15. These licenses don't need sportsbooks to partner with a land-based gambling establishment or professional sports group, creating a possibly streamlined process for market access.

FanDuel and DraftKings, the 2 nationwide sports betting leaders by market share, are expected to look for the two untethered licenses. The Missouri Gaming Commission (MGC), which will figure out the two license holders, has actually said publicly that the award decision is open to any qualified licensee.

Applicants can appear before the MGC Aug. 13. A decision announcement is set for Aug. 15.

Online sportsbooks that didn't win among the two untethered openings have till Sept. 12 to obtain a license in partnership with one of the state's brick-and-mortar gambling establishments or professional sports teams. The licensees will be revealed a long time ahead of the Dec. 1 launch.

Prospective Missouri sportsbooks

Many of the prominent nationwide brands have already announced intents to go reside in Missouri.

FanDuel and DraftKings revealed they would do so on their particular corporate profits calls previously this year. The companies invested a combined $30 million on a 2024 ballot procedure to back amending the state constitution to support legal Missouri sports wagering.

BetMGM, the No. 3 online video gaming operator by market share, also announced its Missouri launch plans throughout a current revenues call. Bet365 is likewise a sure thing following a market gain access to handle MLB's St. Louis Cardinals.

ESPN BET manager PENN Entertainment and Bally Bet parent Bally's have direct market gain access to via their operations of Missouri casinos. Caesars, which initially opposed the ballot step over concerns of limited market gain access to deals for its brick-and-mortar residential or commercial properties, also has a direct course to launching its mobile sportsbook.

Other most likely entrants are BetRivers, Fanatics, and Underdog. Additional national brand names such as Acid rock, which operates in neighboring Illinois, might also have an interest in the state.

Missouri's 10% tax rate on gross gaming profits and $500,000 license fee are below the national average amongst the 39 states that have actually approved legal sportsbooks.

Missouri sports betting launch hold-up explained

After sports wagering legalization efforts failed in the legislature for several years, DraftKings, FanDuel and the state's pro sports groups led a project to get a sports wagering ballot procedure before citizens in November 2024. The step narrowly passed after making it through legal obstacles and the Caesars-led opposition campaign.

The MGC had hoped to approve all needed follow-up regulations in time for a June 30 launch. Instead, the Secretary of State's workplace turned down a plan to expedite the licensing process, which pressed the timeline back almost 5 months.