Discover why DraftKings Sportsbook is a top choice for Massachusetts bettors with its extensive sports markets, secure payment methods and unique features like Same Game Parlay+. Read our in-depth review for 2025.

What Happened? Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 3.1% in the morning session after the company secured a direct mobile sports betting license to operate in Missouri.

Circa Sports runs sports betting in Iowa, Illinois, Kentucky, Colorado and Nevada, through its app and locations in casinos. The company is known for its high-dollar NFL gambling competitions. They cost $1,000 to enter for the whole season and have guaranteed payouts up to $15 million.

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.

DraftKings & Circa Sports lead Missouri's sports betting race with untethered licenses! Learn how Circa Sports' unique approach stood out.

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 awarded sports wagering licenses to DraftKings and Circa Hospitality on Friday as the state moves toward launching legalized sports betting in December.

Most investors weren't swayed by its second-quarter report. After more than a year's worth of unrewarded growth, they should have been.