Missouri's February Sports Betting Handle Drops 27% From January

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Missouri saw its biggest month-over-month decline in sports wagering to date in February.

Missouri saw its largest month-over-month reduction in sports wagering to date in February.


- Missouri's sports betting deal with went from $380.4 million in January to $277 million in February.


- The state took over $1 million in regular monthly taxes for the first time.


- Basketball and parlays dominated the betting landscape in February.


Show-Me State bettors put 16.8% less bets during the month featuring the Super Bowl than in January, and the Missouri Gaming Commission reported a $277-million online and retail combined deal with, down 27.2% month over month from $380.4 million. Online sportsbooks accounted for $273 countless the total quantity wagered.


The handle was also half of what Missourians invested in December 2025, the very first month of sports wagering in the state. The least expensive quantity bet yet resulted in $31.3 million in gross earnings for the 8 mobile and 8 in-person operators, down 42% from January. February's 11.3% hold was the very first under 14% too.


Still, the state's operators went beyond $1 billion in bets placed throughout the first three months of sports betting and over $180 million in Missouri revenue.


Tax implications


Missouri experienced its most significant tax haul to date, producing $1.2 million in February. December and January produced less than $600,000 since operators' overall taxable profits completed in the red both months.


The figure jumped to $10.3 million in February as DraftKings, FanDuel, and Fanatics, three major online sportsbooks, paid taxes for the first time as free-play advertising costs dropped significantly from January to February.


All operators invested a combined $11.4 million on complimentary plays, down from December's $125 million and January's $33 million. FanDuel led all sportsbooks with $4.6 million in marketing wagers given, down from $14.6 million in January, while DraftKings spent $3.6 million in free plays, $6 million less than the previous month. Fanatics contributed over $815,000, cutting January's spending by majority, and bet365 was the only other operator to go beyond $1 million in February free plays.


DraftKings on leading


DraftKings generated a state-best $104.9 million in deal with during February, with gross earnings of $12.6 million previous to reductions, likewise leading Missouri online sports wagering operators. However, FanDuel's 12.9% hang on a $92.5-million manage was nearly a point greater than DraftKings' February win rate.


bet365 was the only other operator to generate a deal with of $20 million, winning 10.8%. BetMGM produced a hold of just 6.8% on its $19.2-million deal with, while Fanatics stayed below 8.5% on nearly $18 million in wagers.


Caesars practically produced a $12-million manage, however a 6% hold restricted February earnings. PENN Entertainment's theScore Bet delighted in a 10.8% hang on a manage of over $5 million, while Circa Sports made back less than $70,000 on a $1.4-million deal with.


Football betting drops off


The lone football game of February, Super Bowl LX in between the Seattle Seahawks and New England Patriots, generated $11.7 million in wagers. January produced $72 million in football manage, minus parlays, throughout the NFL playoffs and College Football Playoff.


Basketball was the most-bet sport in Missouri for the 2nd consecutive month, producing a deal with of almost $110 million in February. Missourians spent more than $91 million on parlays.

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