The experts at BetMissouri.com have assembled this guide to explain what we mean when we talk about Missouri sports betting revenue and sportsbook handle that the state reports each month.
There is an active market with many online or mobile operators as well as a growing number of Missouri sports betting options at brick-and-mortar riverboat casinos and various retail sportsbooks in the Show-Me State.
From the time legal sports betting launched in December 2025 through today, legal, regulated sports bets were placed exclusively with online sportsbooks. Since then, physical casinos have begun taking retail wagers on sports, albeit in much smaller numbers.
The maximum number of Missouri sportsbooks is set at 33, between retail and mobile operators. That’s what was set in the language of Amendment 2, which voters passed in 2024 by a final count of 1,478,652 votes in favor to 1,475,691 in opposition.
The eight legal, regulated mobile sports betting operators in the Show-Me State include national goliaths such as DraftKings Sportsbook, FanDuel Sportsbook, Caesars Sportsbook and BetMGM. Rising brands such as bet365, Fanatics Sportsbook, theScore Bet and Circa Sports are also licensed in the state. Sports bettors wager hundreds of millions of dollars monthly, often after using Missouri sports betting promos.
Missouri customers showed up en masse during the opening week of wagering in early December 2025. According to geolocation firm GeoComply, more than 250,000 active users had accounts and there were 2.6 million geolocation checks statewide in that week.
The maximum number of Missouri sports betting apps operators is set at 14, per Amendment 2’s language, though regulators in Missouri have yet to reach that benchmark.
| Total handle | Mobile handle | Revenue |
December | $543.039M | $538.882M | Minus-$20.758M |
The Missouri Gaming Commission released its first mobile and sports betting numbers on Friday. The numbers reveal that the Show Me State was more than ready for its debut.
Missouri accepted $538,881,520 in mobile wagers for December and $4,157,612 at retail outlets, for $543,039,131 in total handle.
The legal, regulated Missouri sportsbooks market launched on Dec. 1 with eight online operators and eight retail locations where people could legally place bets, so long as they were physically within state borders.
The MGC website provides a very detailed breakdown of statistics.
FanDuel was the top online operator for the first month, with $212,699,570 in wagers accepted, followed closely by DraftKings at $195,325,843. Those two are the behemoths in every state and their 75.7% combined market share for Missouri handle follows the pattern set in more than 30 states with legal sports betting markets. The rest of the mobile operators were as follows: Bet365 $57,790,274 in handle, BetMGM $28,055,574, Fanatics $22,818,367, Caesars $14,512,634, Penn Sports $6,253,852 and Circa Sports $1,425,407.
Among retail outlets, Ameristar St. Charles (in St. Louis) had the highest handle at $827,147 for the month. Retail wagering accounted for less than 1% of total wagers, which is also typical among states that have both online and brick-and-mortar options.
The most popular sports for wagering also followed a predictable pattern. For instance, FanDuel accepted nearly $60 million of football bets, about $37.8 million on basketball and more than $93.6 million on parlay plays. For parlays – multi-leg bets where each event must happen correctly for the ticket to cash – there is no breakdown by sport, but it’s safe to say football is the big generator.
Missouri’s total adjusted gross revenue in December was in negative numbers, to the tune of $20,758,443. That was because of free play offers totaling more than $125 million, as Missouri promo codes accounted for a huge surge in interest statewide.
But this negative gross revenue figure is not unprecedented for a state in its first month of offering mobile sportsbooks. For instance, Michigan recorded minus-$10.85 million in gross revenue in February 2021, its first full month. Virginia started with two months of more than $3 million in the minus column in early 2021 and Maryland launched at minus-$33.6 million in November 2022. In every case, the market equalized and states began reporting positive revenue soon after.
So the revenue figure for Missouri in the first month, as well as the $521,201 in sports wagering tax collected, should not cause alarm for operators. As the market matures, those promotional giveaways will taper off and figures for revenue and taxes will rise.
One more thing to watch for: The huge handle number from December will look small when March Madness rolls around. The NCAA Basketball Tournaments (men’s and women’s) provide the biggest cumulative sports betting event of the year for many states – the Super Bowl is the biggest single day betting bonanza, but people bet on March Madness for three weeks straight – and Missouri will be no exception.
Missouri’s sports betting tax rate is 10% on all wagers, both retail and online.
Once a month.
The tax revenue from Missouri sports betting goes toward Missouri Gaming Commission expenses, the state’s Compulsive Gambling Prevention Fund, and to the Classroom Trust Fund and School District Bond Fund to support Missouri public schools on a K-12 level.
The Missouri Gaming Commission regulates sports betting in the state.
Handle means the amount wagered via one of Missouri’s eight sportsbooks on a mobile phone or computer. The bets accepted at Missouri’s retail casinos or physical sports betting properties do not count in the mobile sportsbook statistics but do count toward the overall Missouri sports betting total.
Handle means the raw amount of money wagered in the state. Revenue means the amount left over after Missouri sports betting operators pay out customers’ winnings.
Author
Jim Tomlin is a contributing editor for BetMissouri.com. Jim brings 30-plus years of experience writing and editing stories about sports, gambling and the intersection of those two industries. He has worked at the Tampa Bay Times, FanRag, Saturday Down South and Saturday Tradition and now lends his expertise to BetMissouri.com, among other sites.
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