Missouri saw its biggest month-over-month reduction in sports betting to date in February.
- Missouri's sports wagering handle went from $380.4 million in January to $277 million in February.
- The state carried in over $1 million in month-to-month taxes for the very first time.
- Basketball and parlays controlled the wagering landscape in February.
Show-Me State wagerers placed 16.8% less bets during the month including the Super Bowl than in January, and the Missouri Gaming Commission reported a $277-million online and retail combined deal with, down 27.2% month over month from $380.4 million. Online sportsbooks represented $273 million of the overall quantity bet.
The deal with was likewise half of what Missourians invested in December 2025, the first month of sports wagering in the state. The least expensive amount bet yet resulted in $31.3 million in gross profits for the 8 mobile and eight in-person operators, down 42% from January. February's 11.3% hold was the first under 14% also.
Still, the state's operators surpassed $1 billion in bets positioned throughout the very first 3 months of sports wagering and over $180 million in Missouri profits.
Tax implications
Missouri experienced its greatest tax haul to date, producing $1.2 million in February. December and January produced less than $600,000 due to the fact that operators' overall taxable income completed in the red both months.
The figure leapt to $10.3 million in February as DraftKings, FanDuel, and Fanatics, 3 major online sportsbooks, paid taxes for the very first time as free-play promotional costs dropped significantly from January to February.
All operators invested a combined $11.4 million on totally free plays, below December's $125 million and January's $33 million. FanDuel led all sportsbooks with $4.6 million in advertising wagers offered, down from $14.6 million in January, while DraftKings invested $3.6 million in complimentary plays, $6 million less than the previous month. Fanatics contributed over $815,000, cutting January's costs by majority, and bet365 was the only other operator to surpass $1 million in February complimentary plays.
DraftKings on top
DraftKings created a state-best $104.9 million in handle throughout February, with gross profits of $12.6 million prior to deductions, likewise leading Missouri online sports betting operators. However, FanDuel's 12.9% hold on a $92.5-million manage was nearly a point higher than DraftKings' February win rate.
bet365 was the only other operator to create a deal with of $20 million, winning 10.8%. BetMGM produced a hold of simply 6.8% on its $19.2-million handle, while Fanatics stayed listed below 8.5% on nearly $18 million in wagers.
Caesars practically produced a $12-million deal with, but a 6% hold restricted February profits. PENN Entertainment's theScore Bet took pleasure in a 10.8% hold on a manage of over $5 million, while Circa Sports made back less than $70,000 on a $1.4-million handle.
Football betting drops off
The lone football game of February, Super Bowl LX in between the Seattle Seahawks and New England Patriots, produced $11.7 million in wagers. January produced $72 million in football deal with, minus parlays, throughout the NFL playoffs and College Football Playoff.
Basketball was the most-bet sport in Missouri for the second consecutive month, producing a handle of nearly $110 million in February. Missourians spent more than $91 million on parlays.