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The Missouri Gaming Commission awarded sports wagering licenses to DraftKings and Circa Hospitality on Friday as the state moves toward launching legalized sports betting in December.
The Missouri Gaming Commission selected DraftKings and Circa Sports as the winners of the state's two coveted untethered online sports betting licenses.
The move from the Missouri Gaming Commission to pass up FanDuel for a sports betting license was seen as a major surprise. DraftKings and Circa Sports were selected instead.
The Missouri Gaming Commission heard presentations Wednesday from DraftKings, FanDuel and Circa Sports, three companies competing for two mobile sports betting licenses available in the state.
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Missouri Gaming Commission grants DraftKings, Circa Sports direct mobile sports betting licenses
The license allows DraftKings and Circa Sports to operate without needing to affiliate with a land-based casino or professional sports team.
Most investors weren't swayed by its second-quarter report. After more than a year's worth of unrewarded growth, they should have been.
The company will pay a $90,000 settlement to the state for accepting bets on the two events, according to documents filed with the Colorado Limited Gaming Control Commission.