00:00For those of you who live in Missouri, you can start betting on sports December the 1st.
00:05But as of right now, you can actually register to bet in advance.
00:0912 days out we are from legal betting on sports.
00:13It'll be a very big story for us the week after Thanksgiving.
00:18All right, Sam, we've got two minutes left.
00:19Let's close it out here with that discussion.
00:21I think I set the table for you here.
00:23You can go ahead and take it from there.
00:25Yeah, I appreciate it, Craig.
00:26We've got already sportsbooks launching their pre-signup offers in Missouri, anything ranging from $200 to $3,000 in bonus bets, depending on the operator.
00:38You have a couple of sportsbooks have held out so far from launching their signup offers.
00:42You've got Circa, Underdog, and Penn, which is going to be switching to the score bet.
00:46It'll be the first state where they aren't ESPN bet.
00:49So it'll be interesting to see kind of what offers they choose to put forward there.
00:53But this is the first state where there's going to be a sports betting launch since March of last year when North Carolina went online.
01:00So it'll kind of be a new experience for the sportsbooks that have not been going launch after launch this year.
01:07It'll be the first time they spend a lot of money.
01:10And already major operators have accounted for that huge increase in promo spending in quarter four.
01:15It'll be really interesting to see what the Missouri market ends up looking like, considering so many states around it have had it legal for a long time.
01:21Our analyst Eric Ramsey at LSR has projected over $4.6 billion in bets with half a billion dollars in revenue for the operators.
01:30Once the market matures and at a 10% tax, that's pretty favorable for operators.
01:35So, yeah, we'll see what happens when Missouri goes online, but they should be pretty excited about the sportsbooks already launching signup offers.
01:43And, of course, we'll continue to monitor for how the market goes and who's leading and, you know, everything else that comes to shake in Missouri.
Be the first to comment