Missouri News & Prediction Market Coverage

Track the latest Missouri news across prediction markets. Prediction News is following 12 active Missouri stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.

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Frequently Asked Questions

Are prediction markets legal in Missouri?

CFTC-registered platforms face active enforcement on sports event contracts; the state AG has ordered six operators to halt offerings unless licensed by the Missouri Gaming Commission.

What did Missouri AG do to prediction markets in 2026?

On September 18, 2026, AG Catherine Hanaway issued cease-and-desist letters to Polymarket, Kalshi, Crypto.com, Novig, Underdog, and Robinhood over unlicensed sports event contracts.

Does Missouri require a sports wagering license for event contracts?

Yes, the AG maintains that platforms must obtain a license from the Missouri Gaming Commission, pay taxes and fees, and enforce a 21+ age limit to offer sports-linked contracts.

What is Missouri's position on CFTC regulation of prediction markets?

Missouri argues federal law does not preempt state gambling rules and that sports event contracts do not qualify as CEA swaps, citing recent federal court rulings.

When did Missouri legalize sports betting?

Voters approved Amendment 2 in 2024; regulated sports betting launched December 1, 2025, under the Missouri Gaming Commission with a 10% tax on adjusted gross revenue.