Is Kalshi Legal in Missouri? Prediction Markets Status (2026)

Prediction markets are still available to Missouri residents, but the state says their sports contracts are illegal. On September 18, 2026, Attorney General Catherine Hanaway announced cease-and-desist letters telling Polymarket, Kalshi, Crypto.com, Novig, Underdog and Robinhood to stop offering sports event contracts to Missourians unless they are licensed by the Missouri Gaming Commission. Novig and Crypto.com sued her on October 16, 2026, and Kalshi on October 27, and we found no ruling as of November 2.

This page covers which prediction markets Missouri residents can use, whether Kalshi and Polymarket are legal in the state, the age rules, and where the current legal debate stands. It is general information, not legal advice, and the picture is evolving. For the platform detail, see our full Kalshi review.

Prediction markets available in Missouri at a glance

PlatformAvailable in Missouri?Regulation
KalshiYes, 18+, but the state says its sports contracts need a Missouri licenseCFTC Designated Contract Market
PolymarketYes, via QCX (18+), but the state says its sports contracts need a Missouri licenseCFTC-regulated (QCX licence)
RobinhoodYes, but it received the attorney general’s cease-and-desist letterCFTC-regulated event contracts
ProphetXYesCFTC-regulated (DCM/DCO)
Sweepstakes casinosOperate with no Missouri license, and no Missouri court has ruled on them (see our Missouri online casinos guide)No Missouri statute licenses them
Squawka Signal

Model vs Market

Where our model disagrees with the live prediction market on the competitions we cover — the edge is the gap between our probability and the market’s.

TolucaLiga MXSquawka model31%Market19%STRONG VALUE · +12pp

Signal rates them higher than the market: 31.1% vs 19.0% (kalshi+polymarket).

Manchester CityEPL titleSquawka model40%Market30%STRONG VALUE · +10pp

Signal rates them higher than the market: 40.2% vs 30.2% (kalshi+polymarket).

Nashville SCMLS CupSquawka model24%Market16%VALUE · +9pp

Signal rates them higher than the market: 24.3% vs 15.6% (kalshi+polymarket).

MonterreyLiga MXSquawka model2%Market8%SLIGHT LAY · -7pp

Signal rates them shorter than the market: 1.6% vs 8.4% (kalshi+polymarket).

Cruz AzulLiga MXSquawka model9%Market15%SLIGHT LAY · -6pp

Signal rates them shorter than the market: 9.1% vs 15.2% (kalshi+polymarket).

For analysis and entertainment — not financial advice. 21+ where applicable; eligibility varies by US state. See our Kalshi and Polymarket reviews.

Is Kalshi legal in Missouri?

Kalshi operates in Missouri as a CFTC Designated Contract Market for users 18+, but Missouri’s attorney general says its sports event contracts are unlicensed sports wagering that needs a Missouri Gaming Commission license, and Missouri’s sports betting age is 21. Kalshi sued the attorney general, the Gaming Commission and its commissioners in federal court in the Eastern District of Missouri on October 27, 2026, and we found no ruling as of November 2. For the full regulatory background, see our guide to whether Kalshi is legit and legal.

Is Polymarket legal in Missouri?

Polymarket operates in Missouri via its QCX CFTC licence, funding in USDC, but it was among the six platforms that received the attorney general’s cease-and-desist letters announced on September 18, 2026. See how the two compare in our Kalshi vs Polymarket guide.

What you can trade in Missouri

Both major platforms still accept Missouri residents while the court cases run, but the attorney general says their sports contracts are illegal, so access could change. Kalshi is the simpler starting point, with bank-direct funding; Polymarket offers the deepest liquidity if you are comfortable funding in crypto.

Open a prediction-market account in Missouri
New-user offers, subject to eligibility:
21+ where required. Prediction markets involve risk of loss. If gambling is becoming a problem, call 1-800-MY-RESET or 1-800-GAMBLER.

Or weigh the whole field in our best prediction markets guide.

Missouri prediction markets FAQs

Is Kalshi legal in Missouri?

It is disputed. Kalshi is a CFTC-regulated exchange, but Missouri’s attorney general says its sports event contracts are unlicensed sports wagering, and Kalshi is challenging her in federal court. It still operates in Missouri while the case continues.

Can I use Polymarket in Missouri?

Polymarket operates in Missouri via its QCX CFTC licence, funding in USDC, but it was among the six platforms that received the attorney general’s cease-and-desist letters announced on September 18, 2026.

How old do you have to be?

CFTC-regulated exchanges such as Kalshi and Polymarket require users to be 18 or over, with identity verification before real-money trading.

General information, not legal advice. Prediction-market regulation is evolving and varies by state; always confirm eligibility with the platform. 18+/21+ depending on platform and market. Prediction markets involve risk of financial loss. If gambling is becoming a problem, call 1-800-MY-RESET or 1-800-GAMBLER.