FanDuel Announces Market Access Agreement with St. Louis CITY SC Ahead of Upcoming Missouri Launch

FanDuel (NYSE:FLUT) has secured a market access agreement with St.

Rhea-AI Summary

FanDuel (NYSE:FLUT) has secured a market access agreement with St. Louis CITY SC ahead of its mobile sports betting launch in Missouri. This strategic partnership will make Missouri the 25th state or territory where FanDuel operates its mobile sports betting platform.

The expansion demonstrates FanDuel's continued growth in the U.S. sports betting market, with the company already operating in major markets including New York, Pennsylvania, and Illinois. The partnership aims to tap into Missouri's passionate sports fan base while supporting the local soccer team.

Positive

• Expansion into Missouri marks entry into 25th state/territory for mobile sports betting
• Strategic partnership with major sports team (St. Louis CITY SC) secures market access
• Further strengthens FanDuel's position as America's #1 Sportsbook

Negative

• None.

Argus Aug 18 session

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On Aug 18, the first trading day after this news, FLUT closed 0.24% above the previous close.

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NEW YORK, Aug. 15, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced a new market access agreement with St. Louis CITY SC. The partnership comes ahead of the launch of mobile sports betting in Missouri.

"Missouri is home to some of the most passionate sports fans in the country, and we are thrilled to partner with St. Louis CITY SC to introduce our industry leading product to the Show Me State," said Mike Raffensperger, President, Sports at FanDuel. "We look forward to supporting the team and engaging with the community as we bring America's #1 Sportsbook to fans across Missouri."

Upon launch, Missouri will become the 25^th state or territory where FanDuel offers mobile sports betting, joining Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Puerto Rico, Tennessee, Vermont, Virginia, Washington, D.C., West Virginia and Wyoming. 

About FanDuel Group 
FanDuel Group is the premier mobile gaming company in the United States. FanDuel Group consists of a portfolio of leading brands across mobile wagering including, America's #1 Sportsbook FanDuel Sportsbook, its leading iGaming platform FanDuel Casino, the industry's unquestioned leader in horse racing and advance-deposit wagering, FanDuel Racing and its daily fantasy sports product. In addition, FanDuel Group operates FanDuel TV, its broadly distributed linear cable television network and FanDuel TV+, its leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states with approximately 17 million customers and 25 retail locations. The company is based in New York with offices in Los Angeles, Atlanta and Jersey City, as well as in Canada, Scotland, Ireland, Portugal, Romania and Australia. 

FanDuel Group is a subsidiary of Flutter Entertainment, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and traded on the New York Stock Exchange (NYSE: FLUT).

Media Contact: press@fanduel.com

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SOURCE FanDuel Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will FanDuel launch mobile sports betting in Missouri?

While the exact launch date wasn't specified in the announcement, FanDuel has secured market access through its partnership with St. Louis CITY SC ahead of the upcoming Missouri launch.

How many states does FanDuel operate in after the Missouri expansion?

With the addition of Missouri, FanDuel will operate its mobile sports betting platform in 25 states and territories, including major markets like New York, Pennsylvania, and Illinois.

What is FanDuel's market access agreement with St. Louis CITY SC?

FanDuel has partnered with St. Louis CITY SC to gain market access for mobile sports betting operations in Missouri, allowing them to offer their sportsbook services to Missouri residents.

Which states currently offer FanDuel mobile sports betting?

FanDuel operates in 24 states and territories including Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, and others.