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in speculators missouri According to estimates made by the Independent, it could generate $3.88 billion in the first year of operation Condition Comparison site BetMissouri.
legal, regulated Sports betting It is set to go live in Missouri on December 1st, with the Missouri Gaming Commission granting licenses to several well-known players. online sportsbooksThat includes DraftKings, FanDuel, and BetMGM.
Now independent estimate Estimated to gross $3.88 billion in first year, approximately $65.7 million is expected to be wagered in the first week alone.
BetMissouri analyst Christopher Boan’s projections were based on the state’s 2025 census population projections and the average amount wagered in the five sports betting states that are closest to Missouri in population. These are Maryland, Indiana, Massachusetts, Colorado and Tennessee.
Those states handled just over $1.1 billion in the first four months after their marketplaces launched, for an average of $279,571,285 per month.
These figures give Missouri an estimated revenue of over $1 billion in the first four months of sports betting operations, with an estimated $262,609,095 per month.
While Boan acknowledges that this projection “is not a perfect science” — some states have seen the market shut down almost entirely during the Covid-19 pandemic and others have not offered retail options for sports betting — the launch comes as Missouri’s main sports teams enter significant stretches of their respective seasons, which could boost betting.
The state’s NHL team, the St. Louis Blues, host the Anaheim Ducks the day Missouri goes live, and they face three more games within the first week of launch as they travel to play the Boston Bruins (December 4), Ottawa Senators (December 6) and Montreal Canadiens (December 7).
Meanwhile, Kansas City Chiefs fans will have to wait a little longer to place bets as the Chiefs take on the Houston Texans at Arrowhead Stadium on Sunday Night Football on December 7.
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