Missouri sports wagerers can put legal wagers with sportsbooks in-state beginning Dec. 1. Several additional turning points pre-date the launch.

Missouri Sports Betting Launches Dec. 1: Regulators are examining license applications for a prepared launch of online and retail sportsbooks on Dec. 1. License Types and Key Dates Set: Two untethered licenses will be granted Aug. 15; others need to partner with casinos or teams and apply by Sept. 12. Top Brands Expected to Enter Market: FanDuel, DraftKings, BetMGM, bet365, and others prepare to introduce in Missouri, which uses a low tax rate and cost structure.

Missouri regulators are working to approve what is expected to be approximately a lots sportsbooks thinking about releasing 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 starting Dec. 1.

Sportsbooks are eligible for one of 3 license types, which will be revealed at varying dates ahead of the go-live date.

Sportsbooks pursuing one of two "untethered" licenses are due July 15. These licenses do not require sportsbooks to partner with a land-based casino or expert sports group, creating a potentially streamlined process for market gain access to.

FanDuel and DraftKings, the two nationwide sports wagering leaders by market share, are expected to obtain the two untethered licenses. The Missouri Gaming Commission (MGC), which will determine the two license holders, has stated openly that the award choice 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 until Sept. 12 to request a license in partnership with among the state's brick-and-mortar gambling establishments or expert sports groups. The licensees will be some time ahead of the Dec. 1 launch.

Prospective Missouri sportsbooks

A lot of the prominent national brand names have actually currently announced objectives to go live in Missouri.

FanDuel and DraftKings revealed they would do so on their particular business revenues calls previously this year. The business invested a combined $30 million on a 2024 ballot measure to back modifying 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 during a recent profits call. Bet365 is also a sure thing following a market access handle MLB's St. Louis Cardinals.

ESPN BET supervisor PENN Entertainment and Bally Bet moms and dad Bally's have direct market gain access to by means of their operations of Missouri gambling establishments. Caesars, which originally opposed the ballot procedure over issues of restricted market gain access to offers for its brick-and-mortar homes, also has a direct course to introducing its mobile sportsbook.

Other likely entrants are BetRivers, Fanatics, and Underdog. Additional nationwide brand names such as Hard Rock, which runs in surrounding Illinois, might likewise have an interest in the state.

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

Missouri sports wagering launch delay described

After sports wagering legalization efforts stopped working in the legislature for numerous years, DraftKings, FanDuel and the state's professional sports teams led a project to get a sports wagering tally procedure before voters in November 2024. The step narrowly passed after making it through legal difficulties and the Caesars-led opposition campaign.

The MGC had actually intended to approve all needed follow-up guidelines in time for a June 30 launch. Instead, the Secretary of State's office rejected a strategy to speed up the licensing process, which pushed the timeline back nearly five months.