Football wagering reportedly reached $21 million, roughly 900% above May, as World Cup matches drew more action. But greater volume did not guarantee stronger returns for sportsbooks. The report says $244.5 million was deducted for winnings, promotional wagers and federal taxes before taxable revenue was calculated.
Tournament results appear to have helped bettors. The report says heavy favourites including Argentina, England, France and Spain reached the semi-finals, while early United States wins also favoured customers amid strong support for the team. The NBA Finals reportedly added pressure, with the New York Knicks attracting significant betting interest.
That contrast matters: a major event can lift wagering without lifting the amount operators keep. The report puts DraftKings’ June wagering volume at $103.4 million and its taxable revenue at $5.7 million in Missouri.
The state has also begun directing betting revenue toward education. Reported transfers to the Sports Wagering Education Fund totalled $3.213 million during the fiscal year. Missouri’s sports-betting tax is set at 10%, though allowable deductions and other contributions affect the taxable base.
The report relays a forecast for softer wagering in July and August, with the state’s two MLB teams potentially cushioning the summer dip. It also cites an expectation that September through December could become Missouri’s strongest betting stretch yet, as the football calendar gathers pace.
The next test is whether that autumn volume produces steadier taxable revenue-or whether June’s gap between wagers and returns repeats when the biggest football months arrive.