Sports News
| Published On May 20, 2025 10:21 am CEST | By Daniel Li

Missouri Opens Applications for Sports Betting Licenses

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Missouri is moving ahead with legal sports betting, as the state’s gaming commission has begun accepting applications for sportsbook licenses. The application process follows a tight vote on Amendment 2, passed in November 2024, which amended the state constitution to allow sports wagering for those aged 21 and older.


Good to know

  • Legal sports betting in Missouri will begin on December 1, 2025.
  • Two online-only sportsbook licenses are open for bidding until July 15.
  • Caesars, which opposed the law, is now expected to apply for a license.

The Missouri Gaming Commission (MGC) officially opened the application process for sports betting licenses, marking a major step toward launching a regulated market. Bids are now being accepted for two online-only sportsbook licenses. Interested parties must submit their applications by July 15, 2025. The MGC plans to hold hearings on August 13 and announce the selected operators two days later.

Additional licenses for both mobile and physical sportsbooks are open until September 12. Successful applicants from this broader pool will receive their permits starting December 1, which is also the scheduled launch date for legal betting in the state.

Retail and online betting framework explained

Under Missouri’s new law, all 13 state-licensed casinos can apply for both retail and mobile sportsbook permits. A retail sportsbook license costs $250,000, while the fee for a mobile license is $500,000. The state will collect a 10% tax on sportsbook revenue, with the first $5 million annually allocated to the Missouri Compulsive Gambling Prevention Fund. Remaining tax proceeds will support K–12 public education.

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Caesars changes course after opposing Amendment 2

Caesars Entertainment, which operates three casinos in Missouri, spent nearly $14 million opposing Amendment 2. The company objected to a part of the law that allows two online-only sportsbooks to operate in Missouri without a brick-and-mortar presence.

Despite its opposition, Caesars is now widely expected to enter the bidding for one of the online-only licenses through its Caesars Sportsbook brand. The move is likely aimed at maintaining its market share and limiting new competition in the state’s mobile betting space.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.