Author: Anthony Vlahovic
Last Updated: 06 November, 2024
Few states remain without any semblance of a sports betting bill, but after the election on November 5th, Missouri will no longer be one of those states. By narrowly passing Amendment 2, the state's professional sports teams and casinos can offer legal sports betting sometime before December 1, 2025.
Is online sports betting legal in Missouri? | No |
Is in-person sports betting legal? | No |
Is daily fantasy sports legal? | Yes |
Is betting on college sports legal? | No |
Is horse racing betting legal? | No |
Is greyhound betting legal? | No |
Is political betting legal? | No |
Is eSports betting legal? | No |
By receiving just 51.2% of the votes, Amendment 2 was narrowly passed by Missouri voters on November 5, 2024. For years, the state has been trying to legalize sports betting off the ground, with pro sports teams and gambling companies raising over $40 million for the cause. Amendment 2 will take effect days after November 5th, requiring legal sports betting to be launched sometime before December 1, 2025. Until then, Missouri bettors do have an alternative option, and that is daily fantasy sports apps. In 2016, the state passed the Missouri Fantasy Consumer Protection Act, which allowed DFS products to obtain operating licenses.
Since then, the state has welcomed eight DFS operators, including Underdog, OwnersBox, DraftKings, FanDuel, and more. Social sportsbooks are also authorized to operate, which means residents of the Show Me State also have access to the Fliff Sportsbook. This remains the extent of gambling in MO since betting on horse races is illegal.
The motivation and support for a sports betting bill to be passed in Missouri have been sky-high for years, and that perseverance finally broke through in 2024 when Missouri bettors voted to pass Amendment 2. Bills regarding sports betting have made their presence known in legislative sessions since 2018, but it took until 2024 to finally get one over the finish line.
On paper, the state is fully prepared to launch online and retail sports betting immediately. With 13 casinos spread across MO that have fully supported the legalization and the professional sports teams in the state that were also in support, Missouri could welcome plenty of big-name online operators looking to partner with one of those casinos or teams.
Up until 2024, the volume of bills coming in or a lack of support wasn't the problem; the issue remained the literature inside the bills.
The earning potential has always been there for all sides involved with legalized sports betting, but the 2023 legislative sessions in the state were an excellent example of why a deal had to be made. Senator Denny Hoskins blocked any sports betting bill that made progress during the session, even though he supports legalized sports betting.
Hoskins believes that video lottery terminals are a form of gambling, so they should be taxed and included in any sports betting bill. Lawmakers handled that issue by not including VLTs on Amendment 2, as the constitutional amendment is strictly for sports betting.
Residents can still enjoy daily fantasy sports apps and social sportsbooks while they wait for the state to officially launch sports betting. Outside of those options, though, the gambling scene in Missouri is dryer than the desert, as online casinos, online poker, and even the lottery are outlawed.
As mentioned previously, Amendment 2 did not mention any other gambling-related topics, as lawmakers were strict about the amendment being only about sports betting.
Under this newly passed amendment, all professional sports teams and state casinos will be eligible for a sports betting license and can partner with two online betting platforms. Sports betting under Amendment 2 will be taxed at 10%, with revenue first allocated to the state gaming commission to pay for expenses. Another $5 million will go to a fund created to help prevent compulsive gambling. The rest of the money the state makes through sports betting taxes will go to state education, which was one of the most significant driving forces in advertising for this amendment before the election.
Are online casinos legal in Missouri? | No |
Are retail casinos legal? | Yes |
Are social sportsbooks legal? | Yes |
Are sweepstakes/social casinos legal? | Yes |
Is online poker legal? | No |
Is the lottery legal? | Yes |
The launch date of sports betting in Missouri? | TBD |
How many legal sports betting apps are there in MO? | 0 |
How many legal retail betting sites are there in MO? | 0 |
Is remote registration allowed? | No |
Legal age for sports betting in Missouri? | DFS & lottery: 18+ / gambling: 21+ |
Missouri's tax rate for betting/gambling winnings | - |
Who regulates sports betting in Missouri? | - |
November 6, 2024: Missouri voters have voted in favor of Amendment 2, which means Missouri will soon have legalized sports betting.
October 31, 2024: Looking to remain undefeated, the Kansas City Chiefs will host the Tampa Bay Buccaneers on Monday Night Football as (-8.5) point favorites.
October 24, 2024: The KC Chiefs have acquired Deandre Hopkins from the Titans. The Chiefs are (+400) to win the Super Bowl.
October 22, 2024: Following their comeback win over Auburn, the Missouri Tigers will head on the road to Alabama to play the Crimson Tide as (+13.5) point underdogs.
October 18, 2024: In a highly anticipated matchup, the Kansas City Chiefs will head to San Francisco to play the 49ers this weekend as (+1.5) point underdogs.
October 11, 2024: With two straight losses at home, the Kansas City Royals have been eliminated from the 2024 postseason.
October 7, 2024: After a blowout loss to Texas A&M, the Missouri Tigers are now (+500) to make the College Football Playoff.
October 3, 2024: With a sweep over the Orioles in the Wild Card round, the Kansas City Royals will take on the Yankees in the ALDS. Kansas City is (+180) to win the series.
September 10, 2024: A Missouri judge has rejected the impending lawsuit that would have kept the sports betting initiative off the ballot. This means Missouri natives can vote on if they want legal sports betting in November.
Casinos are present throughout Missouri, with 13 currently operating across the state. Many of these casinos have played a significant role in the creation of sports betting bills for MO since the legalization of sports betting would only improve their business. Now that Amendment 2 is passed, these casinos will all get sports betting licenses and the ability to partner with two online operators.
While Missouri legalized horse racing in the 1980s, it is only legal if it is conducted at a race track, so the fact that MO does not have any racetrack defeats the purpose of its legalization.
Missouri shares borders with eight states, to be exact, and only one of them doesn’t offer legalized sports betting. Oklahoma is the lone state without a sports betting bill, so at the very least, residents of legal gambling age in MO can venture into seven neighboring states and find some form of sports betting.
To get the complete picture of what each state has to offer, you can click on the name below to learn more.
State | Online sports betting | Retail sports betting | DFS | Horse Race betting |
---|---|---|---|---|
Illinois | Legal | Legal | Legal | Legal |
Kansas | Legal | Legal | Legal | Legal |
Iowa | Legal | Legal | Legal | Legal |
Nebraska | Illegal | Legal | Legal | Legal |
Oklahoma | Illegal | Legal (restricted) | Legal | Legal |
Tennessee | Legal | Illegal | Legal | Legal |
Kentucky | Legal | Illegal | Legal | Legal |
Arkansas | Legal | Legal | Legal | Legal |
There has been continuous momentum toward legalizing sports betting in MO since 2019. That momentum continued into 2024 when Amendment 2 was passed, therefore signaling the legalization of sports betting. The support of online operators, casinos, and in-state professional sports teams has existed for a while, as the major campaign for this amendment, titled "Winning for Missouri," was funded by these aforementioned parties and raised over $40 million in support of the bill.
Now that the amendment has been passed, the state will start working towards an official launch day. In the meantime, online operators can start negotiating with state casinos and sports teams to form a partnership that would bring their app to the state.
Now that an amendment has been passed and we know both online and retail sports betting will be available to bettors, it is easier to start predicting the economic impact legal sports betting will have. According to a fiscal note from the amendment, the state estimates legal sports betting will bring anywhere between zero and $28.9 million in revenue to the state. However, the amendment's supporters have argued that those metrics are low and that those figures will be higher once sports betting gets off the ground.
All states are different, so there is no way to draw a direct comparison with another surrounding state. Still, for reference, in their most recent monthly revenue report, Tennessee made $49.5 million, Kentucky made $54.5 million, and Kansas made $30.9 million.
When comparing states, Missouri is similar in terms of population, it is no surprise many different parties remain motivated to get the job done. Indiana and Maryland have the closest population to MO, and both states saw over $500 million in handle and $37 million in revenue in their most recent revenue reports.
On November 5, 2024, Missouri voters passed Amendment 2, which will bring legal sports betting to the state. Daily fantasy apps are the closest thing residents of the state have to sports gambling until it launches.
Missouri has eight bordering states, but Tennesee has gained the most profit from sports betting. The Volunteer State is one of a handful that has made over $1 billion in revenue.
Most recently, the most significant achievement from a pro sports team in Missouri would have to be the Kansas City Chiefs winning their third Super Bowl title since 2020.
The St. Louis Cardinals have had 21 players win the MVP award in the history of the franchise.