Missouri sports gamblers can place 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 evaluating 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 must 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 release in Missouri, which offers a low tax rate and cost structure.

Missouri regulators are working to authorize what is expected to be roughly a lots 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 qualified for among 3 license types, which will be revealed at differing dates ahead of the go-live date.

Sportsbooks pursuing one of 2 "untethered" licenses are due July 15. These licenses don't need sportsbooks to partner with a land-based casino or professional sports team, producing a potentially streamlined procedure for market access.

FanDuel and DraftKings, the two nationwide sports betting leaders by market share, are anticipated to look for the two untethered licenses. The Missouri Gaming Commission (MGC), which will identify the two license holders, has actually said openly 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 2 untethered openings have up until Sept. 12 to request a license in collaboration with one of the state's brick-and-mortar casinos or professional sports teams. The licensees will be revealed some time ahead of the Dec. 1 launch.

Prospective Missouri sportsbooks

A number of the prominent nationwide brands have actually currently revealed intentions to go reside in Missouri.

FanDuel and DraftKings revealed they would do so on their particular business profits calls previously this year. The business spent a combined $30 million on a 2024 tally measure to back modifying the state constitution to support legal Missouri sports wagering.

BetMGM, the No. 3 online gaming operator by market share, likewise revealed its Missouri launch strategies during a current revenues call. Bet365 is likewise a safe bet following a market access handle MLB's St. Louis Cardinals.

ESPN BET manager PENN Entertainment and Bally Bet parent Bally's have direct market access through their operations of Missouri casinos. Caesars, which initially opposed the tally step over issues of restricted market access offers for its brick-and-mortar homes, likewise has a direct course to launching its mobile sportsbook.

Other most likely entrants are BetRivers, Fanatics, and Underdog. brand names such as Hard Rock, which runs in neighboring Illinois, could likewise have an interest in the state.

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

Missouri sports wagering launch delay explained

After sports betting legalization efforts stopped working in the legislature for several years, DraftKings, FanDuel and the state's professional sports teams led a campaign to get a sports wagering ballot step before citizens in November 2024. The procedure directly passed after enduring legal obstacles and the Caesars-led opposition project.

The MGC had actually wished to approve all required follow-up regulations in time for a June 30 launch. Instead, the Secretary of State's workplace declined a strategy to expedite the licensing process, which pressed the timeline back almost five months.