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Missouri Gaming Commission Awards Untethered Online Sports Betting Licenses to DraftKings and Circa Sports
ByAinvest
Sunday, Aug 17, 2025 6:43 pm ET1min read
Circa Sports and DraftKings have been selected as the winners of Missouri's two untethered online sports betting licenses. As early leaders in the state's sports betting race, they will offer untethered online sports betting, giving them the freedom to operate independently of brick-and-mortar casinos. The licenses were awarded by the Missouri Gaming Commission, marking a significant step forward for the state's sports betting industry.
The Missouri Gaming Commission has awarded the state's two untethered online sports betting licenses to DraftKings and Circa Sports. This significant development marks a pivotal step forward for Missouri's burgeoning sports betting industry, allowing these operators to operate independently of brick-and-mortar casinos [1].The Missouri Gaming Commission, which considered seven factors including expertise in business, integrity, and past relevant experience, selected DraftKings and Circa Sports for their untethered licenses. FanDuel, another prominent applicant, was not successful in its bid [2]. The untethered licenses, which come with a $500,000 fee, allow the operators to operate without needing a land-based casino or professional sports team affiliate [3].
Circa Sports, known for its retail sportsbooks in Las Vegas, is a notable addition to the Missouri market. The company's ability to attract large wagers and professional gamblers has positioned it as a high-roller-friendly alternative [3]. DraftKings, a leading online sports betting brand in the US, will bring its established brand and extensive market experience to Missouri [1].
Missouri's sports betting launch is scheduled for December 1, 2025, providing ample time for these operators to establish their presence in the market. The state has set a 10% tax rate on adjusted gross receipts, with proceeds allocated to cover regulatory costs, a compulsive gambling prevention fund, and education [3].
The Missouri Gaming Commission's decision to award untethered licenses to DraftKings and Circa Sports signals a strategic move to foster competition and innovation in the state's sports betting landscape. The low barrier to entry, with a $500,000 fee, has encouraged more applicants than available licenses, indicating a robust market demand [3].
References:
[1] https://www.saturdaydownsouth.com/news/betting/circa-sports-draftkings-missouri-sports-betting-licenses/
[2] https://www.ky3.com/2025/08/15/missouri-gaming-commission-selects-2-licenses-sports-gambling/
[3] https://casinobeats.com/2025/08/14/missouri-sports-betting-untethered-license-bids-2025/
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