COLLUMBIA — Missourians wagered greater than $543 million on sports throughout December, the first month of legal sports betting, with greater than 99% of bets positioned on-line, based on numbers launched by the Missouri Gaming Commission.
Despite the excessive quantity of betting, Missouri collected simply over $521,000 in sports wagering income throughout December, based on the fee. This income fund is what has been allotted for aiding drawback gamblers and public training.
State information reveals FanDuel and DraftKings dominated the market, combining for greater than $400 million in complete wagers in the course of the launch month. Overall, cell sportsbooks accounted for greater than $538 million of the state’s complete deal with, in comparison with simply over $4 million wagered at retail places.
The Missouri Gaming Commission additionally reported gathering almost $7.5 million in upfront licensing charges from sportsbook operators. Most of these licenses are legitimate for 5 years, making the charges largely a one-time supply of income.
Sports betting was narrowly approved by Missouri voters in November 2024 and formally launched statewide in December.