Missouri orders six prediction markets to stop offering sports contracts
Missouri Attorney General Catherine Hanaway issued cease-and-desist orders to six online prediction-market operators, alleging their sports event contracts are unlicensed gambling. The orders challenge how these products are regulated in the state.
What this could mean for you
Sports event-contract features could become unavailable or change for Missouri users.
The cease-and-desist orders challenge the operators’ authority to offer those products to state residents.
Reported basis: [1][2] · The possible effect is interpretation.
Depends on: The orders are enforced or the platforms voluntarily restrict Missouri activity.
Possible time frame: days, if those conditions hold.
Consumers may face fewer legal online sports-wagering options in Missouri.
Operators could withdraw products while their regulatory status is disputed.
Reported basis: [1][2] · The possible effect is interpretation.
Depends on: The targeted companies suspend or alter their Missouri offerings.
Possible time frame: weeks, if those conditions hold.
Possible consequences, not a forecast. Their relevance depends on your location and the conditions above.
For your country
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What changes the outlook
Risk increases if…
Missouri authorities take enforcement action against operators that continue offering the disputed contracts.
A court or regulator expands the interpretation to additional prediction-market products.
Pressure eases if…
The operators obtain or clarify an applicable Missouri sports-wagering authorization.
State authorities and platforms reach a resolution distinguishing permitted financial contracts from regulated sports betting.
The details behind the risk
Open a detail to see which references were used. The source list includes available excerpts and links to the original articles.
The orders target Polymarket, Kalshi, Crypto.com, Novig, Underdog and Robinhood. [1][2]
References for this detail (2)
- Missouri AG issues cease-and-desist orders to six prediction marketsabc17news.com · Sep 18, 2026, 11:46 PM UTC
- Gambling addiction expert says prediction markets put young Missourians at risk; Missouri attorney general takes actionkfvs12.com · Sep 19, 2026, 4:01 AM UTC
The attorney general’s office alleges that offering sports-related contracts to Missouri residents constitutes unlicensed sports gambling. [1][2]
References for this detail (2)
- Missouri AG issues cease-and-desist orders to six prediction marketsabc17news.com · Sep 18, 2026, 11:46 PM UTC
- Gambling addiction expert says prediction markets put young Missourians at risk; Missouri attorney general takes actionkfvs12.com · Sep 19, 2026, 4:01 AM UTC
Missouri’s sports-wagering framework places oversight with the Missouri Gaming Commission and sets a legal gambling age of 21, according to the reports. [1][3]
References for this detail (2)
- Missouri AG issues cease-and-desist orders to six prediction marketsabc17news.com · Sep 18, 2026, 11:46 PM UTC
- Gambling addiction expert says prediction markets put young Missourians at risk; Missouri attorney general takes actionkctv5.com · Sep 19, 2026, 2:17 AM UTC
Context from the sources
Missouri voters approved Amendment 2 in 2024, and the state’s regulated sports-wagering market launched on December 1, 2025, according to local reports. [2][3]
Explore the reporting
3 source links · 3 domains
These counts describe the references, not independent confirmations. Different outlets can repeat the same original report.
1 of these links repeat a headline already present, allowing for punctuation and publisher branding. Repeated wording is not additional confirmation.
Publication timeline
Oldest to newest among the references used here. These are publication times, not a chronology of the incident. A later article may repeat earlier information.
- [1] Missouri AG issues cease-and-desist orders to six prediction marketsabc17news.comReferenced for: detail 1, detail 2, detail 3
- [3] Gambling addiction expert says prediction markets put young Missourians at risk; Missouri attorney general takes actionkctv5.comReferenced for: detail 3
- [2] Gambling addiction expert says prediction markets put young Missourians at risk; Missouri attorney general takes actionkfvs12.comReferenced for: detail 1, detail 2
Still unclear
The sources do not establish whether the platforms have immediately restricted Missouri users’ access.
The sources do not establish how the companies will respond or whether the orders will be contested in court.
Market implications
Market impact
Sources (3)
References for the reported details. Separate links do not necessarily mean independent confirmation.
Available excerpt
Missouri Attorney General Catherine Hanaway issued cease-and-desist orders to six online prediction market operators, demanding they stop offering sports "event contracts" to state residents without…A short excerpt from our source record; open the original for the full article.
Available excerpt
JEFFERSON CITY, Mo. (Heartland News) - Missouri’s top cop is going after prediction markets. Missouri Attorney General Catherine Hanaway has sent cease-and-desist letters to six…A short excerpt from our source record; open the original for the full article.
Available excerpt
KANSAS CITY, Mo. (KCTV) - Missouri’s top cop is going after prediction markets. Missouri Attorney General Catherine Hanaway has sent cease-and-desist letters to six prediction…A short excerpt from our source record; open the original for the full article.
AI-assisted analysis · Sep 19, 2026, 4:11 AM UTC. Based on linked headlines and available excerpts. Methodology · Report an error.