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The two online sportsbooks got the state's two untethered licenses, meaning they don't need a land-based partner.
Many of the top sportsbooks have been applying for untethered licenses in the state of Missouri ahead of legal sports betting launching later this year, and we now know who those two operators will be.
DraftKings Inc. (Nasdaq: DKNG) announced today that the Missouri Gaming Commission has granted the company a direct mobile sports betting license. This direct mobile sports betting license will enable DraftKings to operate independently across the state of Missouri,
The Missouri Gaming Commission has announced its selection of the companies that will receive for the state's direct mobile sports betting licenses.
The Missouri Gaming Commission awarded sports wagering licenses to DraftKings and Circa Hospitality on Friday as the state moves toward launching legalized sports betting in December.
Circa Sports runs sports betting in Iowa, Illinois, Kentucky, Colorado and Nevada, through its app and locations in casinos. The company is known for its high-dollar NFL gambling competitions. They cost $1,000 to enter for the whole season and have guaranteed payouts up to $15 million.
Missouri sportsbooks will spend tens of millions of dollars on launch promos as FanDuel, DraftKings and rivals chase long-term market share.
Missouri regulators have awarded the state’s two untethered mobile sports betting licenses to DraftKings and Circa Sports, positioning the operators to launch in one of the last major U.S. markets still closed to online wagering.
DraftKings and Circa Sports win Missouri’s untethered mobile sports betting licenses, set to launch December 1, 2025.
DraftKings and Circa Sports will have the ability to operate independently without needing affiliation with an in-state casino or sports team in Missouri
DraftKings, the nation's No. 2 sportsbook by handle, earned the other license at Friday’s Missouri Gaming Commission (MGC) meeting. Both Circa and DraftKings are set to accept wagers on the state’s Dec. 1 legal sports betting launch.