FanDuel and DraftKings have been the main players among the sports bet running newly regulated market in Missouri.
Over the first two months since legal sports betting officially launched, the two of them accounted for nearly 75% of the total bets placed in the state. This has been one of the factors that has pushed their lead to even greater heights while the smaller competitors who are still trying to find their place in the market continue to struggle.
The most recent data showed that these two operators were responsible for roughly 73% of the total bets of nearly US$928 million in the first two months combined. They also made a combined profit of approximately US$120 million in that same period.
Mizzou Independent’s report indicates that sportsbooks have tripled their spending since the 2024 campaign that resulted in the legalization of sports betting, with both operators allegedly investing US$20 million each into the campaign.
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