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Missouri sports gamblers can position legal wagers with sportsbooks in-state starting Dec. 1. Several extra 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 must partner with gambling establishments or groups and apply by Sept. 12. Top Brands Expected to Enter Market: FanDuel, DraftKings, BetMGM, bet365, and others prepare to introduce in Missouri, which provides 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, awarded a license can accept bets beginning Dec. 1.

Sportsbooks are eligible for one of 3 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 gambling establishment or professional sports team, producing a potentially streamlined procedure for market access.

FanDuel and DraftKings, the two nationwide sports wagering leaders by market share, are expected to look for the two untethered licenses. The Missouri Gaming Commission (MGC), which will the 2 license holders, has actually stated publicly 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 up until Sept. 12 to apply for a license in collaboration with among the state's brick-and-mortar gambling establishments or professional sports teams. The licensees will be exposed a long time ahead of the Dec. 1 launch.

Prospective Missouri sportsbooks

Much of the prominent nationwide brands have actually already revealed objectives to go live in Missouri.

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

BetMGM, the No. 3 online gaming operator by market share, also announced its Missouri launch plans throughout a current profits call. Bet365 is also a safe bet following a market access deal with MLB's St. Louis Cardinals.

ESPN BET supervisor PENN Entertainment and Bally Bet parent Bally's have direct market access through their operations of Missouri gambling establishments. Caesars, which initially opposed the ballot procedure over issues of restricted market access offers for its brick-and-mortar residential or commercial properties, likewise has a direct path to introducing its mobile sportsbook.

Other likely entrants are BetRivers, Fanatics, and Underdog. Additional national brands such as Hard Rock, which operates in surrounding Illinois, could likewise have an interest in the state.

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

Missouri sports betting launch hold-up described

After sports wagering legalization efforts stopped working in the legislature for several years, DraftKings, FanDuel and the state's professional sports groups led a project to get a sports wagering ballot step before voters in November 2024. The step directly passed after making it through legal challenges and the Caesars-led opposition project.

The MGC had actually intended to authorize all essential follow-up guidelines in time for a June 30 launch. Instead, the Secretary of State's office rejected a strategy to expedite the licensing process, which pressed the timeline back almost 5 months.