- December 1 marks the beginning of the regulated online sports betting era in Missouri.
- This ends a seven-year mission to allow online sports betting in Missouri.
- Missouri bettors should be aware of the tax difference between betting sites and prediction markets.
Missouri has finally approved online sports betting in the state. Starting December 1, 2025, players in the Show-Me State will be able to bet on sports online.
Missouri has been trying to push this through since 2018, but bettors will have to start thinking about tax implications.
Missouri Finally Gets Sports Betting After Seven Years
Bettors in Missouri could start online gambling on Monday morning.
Missouri has been set to launch regulated sports betting in the state since September, and is now the 39th state to do so. The state approved licenses for six operators, including FanDuel and DraftKings.
The Show-Me State has been trying to get online sports betting approved since 2018, when PAPSA (the Professional and Amateur Sports Protection Act of 1992) was overturned. There have been several attempts over the years to push bills through, and some even came close. However, there was usually some sort of issue, for example, tax rates.
What About Gambling Taxes in Missouri?
If you’re a Missouri online sports betting player, you should familiarize yourself with the tax implications now that it is regulated. For example, Nathan Goldman, a tax professor at North Carolina State, used an example of the Thanksgiving NFL game between Kansas City and Dallas. If you bet $110 on Dallas to cover, and you were to win $100, you would pay $10-37 in federal taxes. Missouri also has a 4.8% tax rate, so you would pay $4.80 on your winning bet.
Goldman also points out that there is a difference between betting at sports betting sites, and prediction markets. There is a lower limit to getting tax forms from prediction markets, rather than online sites. However, you should speak to a tax professional to make sure you’re following the rules.
It’s also important to mention that the rules could change in 2025, when President Trump’s One Big Beautiful Bill comes into play.
This is all new to sports bettors in Missouri, so if you’re a citizen in the Show-Me State, make sure you have your bases covered before you start making wagers!
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