With the deadline passed for untethered Missouri sports betting license applications, regulators confirmed three applicants.
FanDuel, DraftKings and Circa Sports applied for the two available untethered MO sports betting licenses, according to a spokesperson from the Missouri Gaming Commission. The deadline to apply for the untethered licenses was Tuesday.
Missouri sportsbooks will launch Dec. 1.
Untethered Missouri sports betting licenses
DraftKings and FanDuel applied for the untethered licenses prior to this week. The pair of operators contributed more than $40 million to the ballot initiative that legalized the industry in the Show-Me State.
Missouri will tax sports betting revenue at 10%. Untethered operators will not need to share revenue with market access partners in the state.
An MGC spokesperson confirmed Wednesday that Circa Sports submitted a postdated application for the deadline of July 15.
The MGC will announce the two untethered licensees Aug. 15 following a hearing Aug. 13.
Other licenses available
Along with the two untethered licenses, the state’s riverboat casinos and professional sports teams can partner with sportsbook operators. Underdog is the only confirmed company to apply for a license. It has not yet announced its market access partner.
Century Casinos partnered with BetMGM, while the St. Louis Cardinals announced a partnership with bet365.
Other casino companies, such as Caesars and Penn Entertainment, will likely apply with their brands Caesars Sportsbook and ESPN Bet.
Those applications are due Sept. 12.
Rules process coming to an end
Wednesday was the deadline for written public comments on the sports betting rules. The MGC will hold a public hearing for the rules on Thursday.
The rules go into effect Aug. 30.
Missouri voters approved sports betting at the ballot box in November 2024, but Secretary of State Denny Hoskins rejected emergency rules for the industry in February. Emergency rules might have allowed the industry to launch this summer, rather than the legal deadline of Dec. 1.
