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More than a year after Missouri voters narrowly approved the legalization of sports betting, the books are now open across the state. Missourians wagered more than $543 million in December, although the state made little tax revenue from that. Now a bill could legalize video lottery terminals.
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This is Missouri's first Super Bowl with legal sports gambling — even though the Chiefs aren't in itMissouri's top gambling official expects "an uptick in bets" for the first Super Bowl since the state legalized sports betting. But the state won't likely make much in revenue from the bets.
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After providing more than $100 million in free plays to lure customers, FanDuel and DraftKings, the sports books dominating the state market, paid no taxes.
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The commission unanimously denied a request from the National Collegiate Athletic Association to ban bets on college athletes and first-half wager point spreads for men's and women's basketball games. However, the issue could be revisited in the future.
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Missouri Speaker of the House Jon Patterson, R-Lee’s Summit, who was in St. Louis at an event for DraftKings, said much of the tax revenue from legal sports betting in the state is expected to go to public schools. But it's unclear how much money they'll actually get.
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Missourians narrowly passed Amendment 2 in 2024, which legalized sports betting in the state. As of December 1, people can now bet in person at casinos as well as through a variety of mobile apps like DraftKings or FanDuel.
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Sports betting became legal in Missouri this week. It marks the end of a years-long effort that came down to a statewide vote, and will likely transform the sports industry throughout the state. Plus: Lesser prairie chickens used to roam across Kansas and the Great Plains by the millions, but now there’s only a few thousand.
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Sports betting launches in Missouri on Dec. 1. Customers will be able to start signing up with different sportsbooks beginning Nov. 17.
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Sports betting is expected to start in Missouri on Dec. 1. But some are concerned about the consequences of making gambling so easy to access. Plus: Beef is as expensive as it’s ever been, thanks to the high cost of cattle. When will prices come down?
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Legal sports gambling is set to begin in Missouri on Dec. 1, more than a year after voters approved legalization. Many bettors are eager for it to begin, but addiction health advocates are concerned about easily accessible mobile gambling.
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The move from the Missouri Gaming Commission to pass up FanDuel for a sports betting license was seen as a major surprise. DraftKings and Circa Sports were selected instead.
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Two untethered licenses are available. They will allow gambling companies to take sports bets without having a physical location in the state. FanDuel, DraftKings and Circa Sports submitted applications.