Among the several provisions on the ballot in the recent election, Missouri citizens voted for Amendment 2, which will legalize online and retails sports betting. The amendment won by a small margin of less than 7,500 votes.
The amendment allows Missouri casinos and professional sports teams to obtain both one retail and one online sports wagering licenses. Additionally, the state is permitted to offer two online sports betting licenses to entities without a connection to a Missouri casino or professional sports team.
The Missouri Gaming Commission will have the authority to regulate and provide licenses for the sports betting. This authority includes determining licensing requirements for industry vendors like payment processors. The commission has until December 1, 2025, to establish a start date for sports betting.
Why It Matters
Missouri is the 39th state to legalize sports betting. As this industry continues to emerge, so do regulatory trends aimed at addressing it. Without a national framework, companies are required to navigate a patchwork of state gaming regulations.