Unveiling the Timeline: When Does Online Gambling Start in Missouri?

Online gambling has become a popular form of entertainment for many, offering convenience and the thrill of winning big from the comfort of one's home. Missouri, a state in the United States, has been gradually opening up to the world of online gambling. This article aims to provide you with a comprehensive overview of when online gambling is expected to commence in Missouri.

Missouri's Legal Landscape

Missouri has a rich history of gambling, with riverboat casinos and land-based gambling establishments being present for many years. However, the state has been cautious when it comes to online gambling. In 2019, Missouri residents received a glimmer of hope when a new law was passed, legalizing online sports betting.

The bill, SB 631, was signed into law on June 10, 2019, by Governor Mike Parson. This marked a significant step towards the introduction of online gambling in Missouri. The law authorized sports betting and provided the framework for its regulation and implementation.

Timeline for Online Gambling in Missouri

After the passage of the law, many anticipated that online gambling would begin in Missouri shortly after. However, the timeline has been somewhat delayed due to various factors, including regulatory hurdles and technical preparations.

Here's a breakdown of the key milestones in the timeline for online gambling in Missouri:

- 2019: The law legalizing online sports betting was passed.

- 2020: The Missouri Gaming Commission was tasked with drafting regulations and overseeing the licensing of sports betting operators.

- 2021: The first sportsbooks began to accept bets in Missouri, marking the official launch of online sports betting.

- 2022: The focus shifted to online casino and poker gambling. The Missouri Gaming Commission continued to work on drafting regulations for these forms of gambling.

- 2023: It is anticipated that online casino and poker gambling will commence in Missouri.

Factors Influencing the Timeline

Several factors have influenced the timeline for the introduction of online gambling in Missouri. Some of these factors include:

- Regulatory Hurdles: Drafting regulations and ensuring compliance with state and federal laws can be a complex and time-consuming process.

- Technical Preparations: Operators must invest in the necessary infrastructure and technology to offer online gambling services.

- Market Demand: The level of interest and demand from Missouri residents for online gambling has played a role in the timeline.

Benefits of Online Gambling in Missouri

The introduction of online gambling in Missouri is expected to bring several benefits to the state. Some of these benefits include:

- Economic Growth: Online gambling can generate significant revenue for the state, contributing to economic growth and job creation.

- Increased Tax Revenue: The state can collect taxes on online gambling revenue, which can be used for public services and infrastructure improvements.

- Convenience: Missouri residents will have greater access to gambling options, allowing them to enjoy their favorite games from the comfort of their homes.

Online Gambling Operators in Missouri

Several companies have expressed interest in operating online gambling services in Missouri. These operators include:

- BetRivers: A well-known sports betting brand, BetRivers has already launched in several states and is poised to enter the Missouri market.

- FanDuel: Another popular sports betting and online gambling platform, FanDuel has a strong presence in multiple states and is expected to expand to Missouri.

- Barstool Sportsbook: A sports betting and online gambling platform known for its engaging content, Barstool is anticipated to enter the Missouri market.

Frequently Asked Questions (FAQs)

1. What types of online gambling will be available in Missouri?

Online sports betting, online casino, and online poker are expected to be available in Missouri.

2. Will Missouri residents need to be present in the state to gamble online?

No, Missouri residents will be able to place bets and play games online from anywhere in the state.

3. How old do you have to be to gamble online in Missouri?

You must be at least 21 years old to gamble online in Missouri.

4. Will online gambling be regulated by the Missouri Gaming Commission?

Yes, the Missouri Gaming Commission will be responsible for regulating online gambling in the state.

5. Will online gambling be taxed in Missouri?

Yes, online gambling revenue will be subject to taxation, with the proceeds being used for public services and infrastructure improvements.

In conclusion, Missouri is on the cusp of welcoming online gambling to the state. With the passage of the sports betting law in 2019 and the anticipated launch of online casino and poker gambling in 2023, Missouri residents can look forward to a new era of entertainment and economic benefits. As the state continues to navigate the regulatory landscape and work towards the official launch of online gambling, it's essential to stay informed about the latest developments and FAQs related to this exciting new industry.