Skip to main content

Missouri’s Untethered Sports Betting License Application Field All Set

  • The Missouri Gaming Commission can award two untethered online sports betting licenses
  • Only two operators submitted applications for licensure
  • Sports betting will launch in the state on Dec. 1, 2025

FanDuel and DraftKings will have no competition for the two available Missouri untethered online sports betting licenses.

The deadline for the licenses has come and gone, with the two market leading operators submitting the only two applications. A spokesperson for the Missouri Gaming Commission confirmed with Sports Betting Dime that DraftKings and FanDuel submitted the only two direct (untethered) online sports betting license applications.

Missouri gaming regulators have received three sports betting licenses so far. Missouri sports betting apps will launch on Dec. 1, 2025.

Valuable Sports Betting Licenses

The deadline to submit applications for the two available untethered licenses was July 15. Under the approved sports betting regulations, the commission can award two direct (untethered) online sports betting licenses to operators. Regulators will select the two license holders on Aug. 15.

DraftKings and FanDuel will likely be the two license holders.

Each other sports betting license requires an operator to enter the Missouri sports betting market through a partnership with a land-based casino or professional sports franchise. The partnerships typically require a revenue sharing agreement between the two parties.

Untethered license holders do not have to partner with any other entity in the state to do business, therefore do not have to share revenues with their market access partner.

In total, the commission will be allowed to issue up to 19 retail sports betting licenses and up to 14 online sports betting licenses under the approved framework.

Here is the remaining Missouri sports betting schedule:

  • July 16: Public comments on sports betting rules deadline
  • July 17: Public hearing for submitted public comments
  • Aug. 13: Applicants for direct online sports betting licenses may appear before Missouri Gaming Commission
  • Aug. 15: Missouri Gaming Commission announces two selected direct online sports betting license applicants
  • Sept. 12: All other partnered retail and online sports betting license applications must be completed
  • Dec. 1: Deadline for the launch of Missouri sports betting

Underdog is the only company to apply for a retail and online sports betting license, but has yet to announce its market access partner.

Catalist, Gaming Labs International, and GeoComply submitted applications to the commission for sports betting supplier licenses.

Sign Up for the Latest Missouri Updates

Get the latest Missouri sports betting news for the launch + info on potential pre-registration and signup promos by subscribing to the SBD newsletter!

Market Access Agreements Still Being Worked Out

Market access agreements are still rounding into shape as operators are angling to get into the newest sports betting market.

BetMGM confirmed its market access partner for the Show-Me state, announcing a partnership with Century Casinos in late May. If awarded a license, the partnership will allow BetMGM Missouri to operate its online sports betting platform in Missouri, while also operating brick-and-mortar sportsbooks at Century’s discretion.

The agreement will include a percentage of BetMGM’s net gaming revenue payable to Century, which includes a guaranteed minimum.

bet365 Missouri and the St. Louis Cardinals entered into a sports betting partnership in March. The multi-year partnership will provide the sports betting operator with access to the yet-to-be-launched Missouri sports betting market.

The post Missouri’s Untethered Sports Betting License Application Field All Set appeared first on Sports Betting Dime.



from Sports Betting Dime https://ift.tt/db3BrWn
via IFTTT

Comments

Popular posts from this blog

Genesis Scottish Open Picks, Predictions & Odds for 2025

The 2025 Genesis Scottish Open tees off Thursday, July 10th, from North Berwick, Scotland Scottie Scheffler is the +340 favorite over 2023 champ Rory McIlroy See my 2025 Genesis Scottish Open odds, picks, and best value bets, below The world’s best golfers head overseas for the Genesis Scottish Open, a tournament co-sanctioned by the PGA Tour and DP World Tour, and it features plenty of star power. It’s contested at the Renaissance Club in Scotland, and it’s the final tune-up before the last major of 2025 – the Open Championship. Since this has been an official PGA Tour event, Xander Schauffele, Rory McIlroy and Robert MacIntyre have won in dramatic fashion with one-stroke victories. Dating back to when this was just a DP World Tour (formerly European Tour) event, eleven of the past 14 champions have won by a single shot or emerged with the title in a playoff. Genesis Scottish Open Odds 2025 Golfer Odds Scottie Scheffler +340 Rory McIlroy +650 Xander Schauffe...

The Players Championship Odds, Predictions, and Best Picks 2025

The Players Championship tees off Thursday, March 13th, 2025 Scottie Scheffler is the heavy +360 favorite to win this tournament for the third straight year See the 2025 Players Championship odds, picks, and best value bets below After Russell Henley won the Arnold Palmer Invitational at Bay Hill, the PGA Tour’s best head to Ponte Vedra Beach, Florida for the “fifth major” – the Players Championship. It’s the crown jewel on the schedule, and the field is stacked as it tackles the quirky and confounding TPC Sawgrass, with Scottie Scheffler searching for a record third straight title at this tournament. 48 of the top 50 golfers in the world will be teeing it up (not Bryson DeChambeau or Tyrrell Hatton). The Players Championship Odds 2025 Golfers Odds Scottie Scheffler +360 Rory McIlroy +800 Collin Morikawa +1600 Xander Schauffele +1600 Ludvig Aberg +2000 Justin Thomas +2000 Hideki Matsuyama +2800 Tommy Fleetwood +3000 Patrick Cantlay +3...

Reds vs Nationals Odds & Picks (Aug 28)

The Reds and Nationals finish up a three-game set on Sunday afternoon Nick Lodolo starts for the Reds against Patrick Corbin for the Nationals Find the Reds vs Nationals odds, preview, and picks below Two of the worst teams in the Majors conclude a three-game series on Sunday in DC as the Cincinnati Reds (49-75, 23-39 away) visit the Washington Nationals (42-84, 19-45 home). The first pitch is scheduled for 1:35 PM ET. On the mound, Nick Lodolo will get the ball for the Reds. The Nats counter with Patrick Corbin. Reds vs Nationals Odds Team Moneyline Runline Total Cincinnati Reds -120 -1.5 (+140) Ov 8.5 (-110) Washington Nationals +100 +1.5 (-165) Un 8.5 (-110) Odds as of August 27th at Caesars Sportsbook DRAFTKINGS SPORTSBOOK Bet $5 on MLB & Get $100 Instantly ! LOCK IN PROMO MLB SIGNUP PROMO BET $5 GET $100 INSTANTLY GET PROMO The Reds are a -120 moneyline road favorite for the series finale at Nationals Park. They have an i...