Missouri Gaming Commission reveals over $500M wagered throughout first month of authorized sports activities betting

JEFFERSON CITY, Mo. (KCTV) – The Missouri Gaming Commission has shared particulars on what the primary month of authorized sports activities wagering seemed like within the Show-Me State.

According to knowledge revealed earlier this month, greater than half a billion {dollars} have been wagered by Missouri sports activities bettors.

In whole, the Missouri Gaming Commission says $543,039,131.41 was wager.

Despite $543 million being wagered, sportsbook operators nonetheless collectively misplaced $20.7 million in December. A closely promotional stage of Missouri betting for the primary month led to simply over $125 million in free play being given to sports activities bettors.

As a outcome, the whole adjusted gross income was greater than $20 million within the crimson.

Early on, bettors have spoken about the place they’re planning to place their bets in from. As varied sportsbooks have invested in retail amenities, cellular wagering is the early chief when it comes to deal with.

Of the 25.6 million wagers made by bettors, solely 48,637 of them have been made in-person. That means cellular wagering represents 99.8% of the sports activities betting completed in Missouri in December.

So far, FanDuel ($212 million) and DraftKings ($195 million) have taken within the majority of Missouri’s motion. Bet365 represented the third-largest share of the market with over $57 million wagered on its cellular app in December.

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