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Missouri attorney general targets Polymarket, Kalshi and Robinhood over sports event contracts, HokaNews reports

  • Missouri attorney general targets Polymarket, Kalshi and Robinhood over sports event contracts, HokaNews reports — Missouri Attorney General Catherine Hanaway has issued cease-and-desist letters to six platforms including Polymarket, Kalshi, Crypto.com, Novig, Underdog and Robinhood, giving them 30 days to stop offering sports event contracts to residents or face enforcement. The state argues the products are unlicensed sports wagering under state law, while the platforms treat them as financial contracts under federal oversight. (HokaNews)

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