Automatically translated version. May contain inaccuracies compared to the original.
Missouri orders Polymarket, Kalshi and four other companies to stop offering sports betting
🔹 The state attorney general sent demands to Polymarket, Kalshi, Crypto.com, Novig, Underdog and Robinhood. The companies were ordered to immediately stop offering sports contracts to Missouri residents until they obtain a local gaming license.
🔹 The attorney general's office says that the name “event contracts” does not change the nature of the product and does not exempt companies from state law requirements. To operate they need a license, to pay taxes, and to verify users’ ages, which must be at least 21 years old.
🔹 Five of the companies on the list, excluding Novig, also faced allegations regarding age verification. According to the attorney general’s office, they either allow users under 21 years old to access sports contracts or fail to provide sufficient protection against such cases.
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