Missouri's February Sports Betting Handle Drops 27% From January
Missouri saw its biggest month-over-month reduction in sports wagering to date in February.
- Missouri's sports wagering handle went from $380.4 million in January to $277 million in February.
- The state took over $1 million in regular monthly taxes for the very first time.
- Basketball and parlays dominated the wagering landscape in February.
Show-Me State bettors positioned 16.8% less bets throughout 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 countless the overall amount wagered.
The deal with was also half of what Missourians invested in December 2025, the very first month of sports wagering in the state. The most affordable quantity bet yet led to $31.3 million in gross revenue for the eight mobile and eight in-person operators, down 42% from January. February's 11.3% hold was the very first under 14% too.
Still, the state's operators $1 billion in bets placed throughout the first 3 months of sports wagering and over $180 million in Missouri profits.
Tax ramifications
Missouri experienced its most significant tax haul to date, creating $1.2 million in February. December and January produced less than $600,000 due to the fact that operators' overall taxable income finished in the red both months.
The figure jumped to $10.3 million in February as DraftKings, FanDuel, and Fanatics, three major online sportsbooks, paid taxes for the first time as free-play promotional costs dropped significantly from January to February.
All operators invested a combined $11.4 million on complimentary plays, down from December's $125 million and January's $33 million. FanDuel led all sportsbooks with $4.6 million in promotional 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 spending by over half, and bet365 was the only other operator to exceed $1 million in February complimentary plays.
DraftKings on the top
DraftKings created a state-best $104.9 million in manage throughout February, with gross revenue of $12.6 million previous to reductions, likewise leading Missouri online sports wagering operators. However, FanDuel's 12.9% hang on a $92.5-million handle was nearly a point greater 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 just 6.8% on its $19.2-million manage, while Fanatics stayed listed below 8.5% on nearly $18 million in wagers.
Caesars nearly produced a $12-million handle, but a 6% hold limited February revenues. PENN Entertainment's theScore Bet delighted in a 10.8% hold on a deal with of over $5 million, while Circa Sports made back less than $70,000 on a $1.4-million deal with.
Football wagering drops off
The lone football game of February, Super Bowl LX in between the Seattle Seahawks and New England Patriots, generated $11.7 million in wagers. January produced $72 million in football deal with, minus parlays, during the NFL playoffs and College Football Playoff.
Basketball was the most-bet sport in Missouri for the 2nd consecutive month, producing a manage of nearly $110 million in February. Missourians spent more than $91 million on parlays.