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title: "Missouri gambling licensing, cost and supervision | advennt.io"
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source_html: /jurisdictions/us-mo/index.html
description: "Missouri gambling regulation by game: 7 open · 1 restricted · 9 closed · 1 uncertain · 2 not yet assessed."
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# Missouri gambling licensing, cost and supervision | advennt.io

[Jurisdictions](/jurisdictions/) › [United States](/jurisdictions/united-states/) › Missouri

# Missouri

Sub-national unit

Entry requires either a casino/team tethering relationship or one of two (now allocated) untethered slots, plus a $250,000 licence fee and MGC key-person/financial-stability vetting; the rulemaking process has shown susceptibility to Secretary-of-State delay.

[7 open · 1 restricted · 9 closed · 1 uncertain · 2 not yet assessed → 20 classes](#products) Collected 25 Oct 2026 · Published 25 Oct 2026 · Changed 25 Oct 2026 [PDF](report.pdf) [Sign in for PDF](https://advennt.io/auth/) [Compare](/compare/?j=missouri)

Jurisdiction scope: [United States (Federal)](/jurisdictions/united-states/) Missouri

## Can we offer our product?

Every product class, in fixed taxonomy order. The band is what you can do; where the recorded legal status says something the band does not, it is shown beside the product.

### Player products

- CasinoProhibited · Models agreeXClosed
- PokerProhibited · Models agreeXClosed
- BingoProhibited · Models agreeXClosed
- LotteryState monopoly · ContestedXClosed
- Sports bettingOOpen
- Other event betting–Not yet assessed
- Horse and greyhound racing bettingProhibited · Models agreeXClosed
- Esports bettingModels agreeRRestricted
- Exchange bettingProhibited · ContestedXClosed
- Pool bettingProhibited · ContestedXClosed
- Virtual event bettingProhibited · Models agreeXClosed
- Fantasy sportsModels agreeOOpen
- Skill gamesProhibited · Models agreeXClosedVaries by form · 1Pure skill: outside_perimeter

- Prediction markets–Not yet assessed
- SweepstakesOutside the regulatory perimeter · Models agreeOOpenVaries by form · 2Charitable religious sweepstakes: restricted
- Dual currency: grey_zone

- Free playOutside the regulatory perimeter · Models agreeOOpen

### Supply roles

- Software / B2BModels agreeOOpen
- Affiliate marketingModels agreeOOpenVaries by form · 1Revenue share or outcome based affiliate: prohibited

- Payments for gamblingModels agreeOOpen

### Settlement rail

- Crypto gamblingNot yet regulated?Uncertain

Class-level certainty is graded for 16 of 20 classes.

## Board briefing

Missouri&#x27;s regulated sports-wagering market launched Dec 1, 2025 under a constitutionally-anchored 10% AGR tax regime; online casino remains unauthorised and prediction markets are an unresolved federal/state boundary issue.

#### What has changed

- Missouri went from zero legal sports wagering to a live, MGC-licensed multi-operator market (8 live sportsbooks) following the November 2024 passage of Amendment 2, with permanent rules effective August 30, 2025 and launch on December 1, 2025.

#### What to do now

- Reconcile the conflicting 14-vs-21 mobile licence cap against the primary MGC register before committing capital to a tethered or untethered application; monitor MGC&#x27;s evolving position on prediction-market products.

#### What to watch

- MGC disciplinary activity around sponsorship/marketing contract governance (DC-26-004); any legislative movement on iGaming; MGC&#x27;s formal determination on prediction-market interaction with the sports-wagering framework.

## 11 answers, each dated and graded

The weather grades favourability for an operator, not legality: legality is the product table above. The left rule is our confidence: solid confirmed, dashed probable, dotted uncertain.

01 · What kind of market is this?

### Overview

Favourable

Missouri&#x27;s gambling-sector posture this period is defined by a single live dispute rather than by a stable baseline: the Attorney General&#x27;s office has escalated a cease-and-desist campaign against six prediction-market operators, treating their sports event contracts as unlicensed sports wagering un…

Full analysis · 140 words Missouri&#x27;s gambling-sector posture this period is defined by a single live dispute rather than by a stable baseline: the Attorney General&#x27;s office has escalated a cease-and-desist campaign against six prediction-market operators, treating their sports event contracts as unlicensed sports wagering under the state&#x27;s Amendment 2 framework. Two of the six, NADEX (operating as Crypto.com) and Ludlow Exchange LLC (operating as Novig), responded by suing the Attorney General and Missouri Gaming Commission officials in federal court on 16 October 2026, arguing federal preemption. Kalshi is reported to be negotiating with the Attorney General&#x27;s office rather than litigating, while Polymarket, Robinhood and Underdog have taken no public position. The dispute is a contest over the reach of an existing licensing monopoly into a new product category, not a change to the underlying statute itself, and it is unresolved as of this review.

- No iGaming/online casino pathway
- Licence-cap ambiguity across sources
- Secretary of State rulemaking veto risk demonstrated in 2025

Probable AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/overview/)

02 · Can we get a licence?

### Licensing and regulation

Favourable

The Missouri Gaming Commission is the issuing authority for the Mobile/Online Sports Wagering Platform Licence, a category capped at fourteen online platforms. The cap itself is durable, resting on constitutional authorization, while the administrative detail implementing it sits in Commission resol…

Full analysis · 140 words The Missouri Gaming Commission is the issuing authority for the Mobile/Online Sports Wagering Platform Licence, a category capped at fourteen online platforms. The cap itself is durable, resting on constitutional authorization, while the administrative detail implementing it sits in Commission resolutions that are comparatively fragile as instruments. DraftKings&#x27; licence, granted via Resolution 26-023, illustrates the mechanics: a fixed term running to October 31, 2030, issued as part of the initial cohort of online licensees. The Commission continues to administer its pre-existing charitable licence classes alongside the new sports-wagering category: this cycle it processed a bingo licence non-renewal settlement against Bolivar Memorial DAV Chapter 66 for violations of Sections 313.040, 313.045, and 313.052 RSMo, and a sports-wagering settlement agreement with Penn Sports Interactive, LLC. No adverse development touched the sports-wagering licence cohort itself this cycle; the licensing framework populated as planned.

Probable AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/licensing/)

03 · How hard is entry, really?

### Market entry in practice

Mixed

Entry requires either a casino/team tethering relationship or one of two (now allocated) untethered slots, plus a $250,000 licence fee and MGC key-person/financial-stability vetting; the rulemaking process has shown susceptibility to Secretary-of-State delay.

Probable AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/market-entry/)

04 · What do the licences cost?

### Licence fees

Favourable

The sports-wagering licence fee is set at $250,000 for a five-year renewable term, applicable across all three licence-class tracks (casino-tethered, team-tethered, untethered).

Probable AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/fees/)

05 · What is the tax take?

### Tax

Favourable

A flat 10% tax on adjusted gross sports-wagering revenue applies, with promotional-credit deductions capped at 25% of total wagers and loss carry-forward for negative AGR months. Revenue funds MGC regulatory costs first, then the Compulsive Gambling Prevention Fund (at least $5M or 10%), with the re…

Full analysis · 49 words A flat 10% tax on adjusted gross sports-wagering revenue applies, with promotional-credit deductions capped at 25% of total wagers and loss carry-forward for negative AGR months. Revenue funds MGC regulatory costs first, then the Compulsive Gambling Prevention Fund (at least $5M or 10%), with the remainder to K-12/higher education.

Confirmed AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/taxes/)

06 · Can we move player money?

### Payments and banking

Favourable

No state-specific payments/banking restrictions beyond standard MGC-licensed deposit/withdrawal handling were identified; national card-network and PSP relationships with the eight live operators appear unconstrained by Missouri-specific rules.

Uncertain AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/payments/)

07 · Can we advertise?

### Marketing

Mixed

Missouri&#x27;s 11 CSR 45-20.570 governs sportsbook advertising with requirements for clarity, adult-only targeting, and five-year record retention; promotional/bonus practices are permitted but heavily documented.

Probable AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/marketing/)

08 · What must the platform meet?

### Technical compliance

Favourable

MGC requires geolocation verification (evidenced by supplier licensure of GeoComply Solutions Inc.) and standard age/identity verification; no state-specific data-localisation regime was identified.

Not recorded AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/technical/)

09 · Can we ship through apps and platforms?

### Distribution and platforms

Favourable

A distribution-channel gray zone has emerged alongside Missouri&#x27;s licensed sports-wagering market: the prediction-market platform Kalshi is reportedly accessible to Missouri residents as a CFTC-regulated federal platform, operating outside Missouri Gaming Commission sports-wagering licensure. This s…

Full analysis · 147 words A distribution-channel gray zone has emerged alongside Missouri&#x27;s licensed sports-wagering market: the prediction-market platform Kalshi is reportedly accessible to Missouri residents as a CFTC-regulated federal platform, operating outside Missouri Gaming Commission sports-wagering licensure. This status is sourced to a single Tier 3 report this cycle, and the jurisdictional treatment of federally-regulated prediction markets against state gambling law remains unresolved, with no primary regulatory statement from either the CFTC or the Commission retrieved to confirm or contest the arrangement. The practical effect, if the reported access holds, is that a platform outside the state&#x27;s licensing perimeter competes for the same wagering-style consumer demand as Missouri&#x27;s sixteen licensed sportsbook operators without being subject to the licence cap, tax rate, or Commission oversight that governs them. This is a watch item rather than a settled finding: the evidence is thin, uncorroborated at primary-source level, and confidence is accordingly rated uncertain.

Probable AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/distribution/)

10 · How hard does the regulator enforce?

### Enforcement

Mixed

Missouri&#x27;s Attorney General is exercising cease-and-desist authority under the Amendment 2 sports-wagering framework against six prediction-market operators, with the underlying age-verification finding dated 18 September 2026. That campaign has now produced litigated resistance from two targets: No…

Full analysis · 183 words Missouri&#x27;s Attorney General is exercising cease-and-desist authority under the Amendment 2 sports-wagering framework against six prediction-market operators, with the underlying age-verification finding dated 18 September 2026. That campaign has now produced litigated resistance from two targets: North American Derivatives Exchange, Inc. v. Hanaway et al. (Western District of Missouri) and Ludlow Exchange, LLC v. Hanaway et al. (Eastern District of Missouri), both filed 16 October 2026 against the Attorney General and Missouri Gaming Commission officials, arguing that federal commodities law preempts state licensing of CFTC-registered sports event contracts. Crypto.com has additionally argued the cease-and-desist letter named the wrong corporate entity and that Missouri&#x27;s mobile sports-wagering licences may already be fully allocated. None of these positions has been tested by a court ruling as of this review; the litigation record here rests on consistent secondary reporting rather than direct docket review. Exposure for an operator in Missouri&#x27;s position is twofold: direct cease-and-desist and follow-on enforcement risk for operators that neither litigate nor reach an accommodation, and a separate, jurisdiction-independent exposure tied to the age-verification allegation, which would persist even if the preemption argument succeeds.

Probable AI-generated 9 enforcement events [Read full analysis & tables &rarr;](/jurisdictions/missouri/enforcement/)

11 · What is coming?

### Outlook

Mixed

The market is in its first full year post-launch (live since Dec 1, 2025); no iGaming legislation is currently advancing, and prediction-market/CFTC-authorised products present an unresolved boundary question the MGC is actively evaluating.

Probable AI-generated [Read full analysis & tables &rarr;](/jurisdictions/missouri/outlook/)

Evidential record & source register 0 enforcement · 4 red flags · 0 sources · Expand full record

## What gets operators fined

4 red flags (1 high, 3 medium) and 0 controls that address them.

- highConflicting public reporting on total mobile licence cap (14 vs 21)Market-entry capital planning is directly affected by whether the ceiling is 14 or 21 mobile skins; primary-source reconciliation required before board sign-off.Unregistered sourceUnregistered source
- mediumOnline casino gaming remains categorically unauthorised despite live sports-wagering marketOperators expecting an iGaming-adjacent expansion pathway will face a multi-year legislative barrier, not a licensing one.Unregistered sourceUnregistered source
- mediumSecretary of State exercised veto-like rejection of MGC emergency rules in Feb 2025Demonstrates a live inter-branch check on MGC rulemaking that can delay implementation of future rule changes.Unregistered source
- mediumMGC Disciplinary Case DC-26-004 — internal contract-approval/backdating conduct tied to a university sponsorship agreementSignals active MGC scrutiny of licensee internal-controls and contract-approval processes around sponsorship/marketing deals.Unregistered source

## What we looked for and could not find

Confirmed absence is a finding of its own. These are the questions we searched and could not answer from a citable source, with the searches we ran. Never behind the paywall.

Conflicting reporting on total mobile/online sports-wagering licence cap (14 vs 21) — could not be resolved to a single T1 figure within this pass.

- searched: Missouri Gaming Commission sports wagering licensing 2026
- searched: Missouri online sports betting license cap total
- searched: Missouri Amendment 2 mobile licence number statute
- checked: mgc.dps.mo.gov

No Missouri-specific AML/CFT reporting threshold, designated-reporting-entity status, or FATF/FinCEN typology citation located for sports wagering operators.

- searched: Missouri sports wagering AML reporting requirements
- searched: Missouri Gaming Commission FinCEN suspicious activity report
- searched: Missouri sportsbook Bank Secrecy Act compliance
- checked: mgc.dps.mo.gov

No published unlicensed-market-share estimate for Missouri sports wagering found.

- searched: Missouri illegal sports betting market share estimate
- searched: Missouri offshore sportsbook enforcement statistics
- searched: Missouri unlicensed gambling AGA estimate
- checked: mgc.dps.mo.gov

## Source register

Every source on a four-step tier scale. A claim is never shown at a stronger tier than the source it cites.

No source register is served for this jurisdiction.

## Parent jurisdiction

This unit licenses in its own right; the parent page covers the federal layer.

- parent[United States](/jurisdictions/united-states/) · 1 restricted · 15 uncertain · 4 not yet assessed
