Missouri Turns Federal Gambling Law on Novig as Polymarket Sues State AG
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Missouri Attorney General filed a federal motion on Nov. 9 seeking to halt Novig, a sports-focused prediction market, from accepting wagers from state residents under the 2006 Unlawful Internet Gambling Enforcement Act, while Polymarket U.S. simultaneously sued to block the state's crackdown in the same St. Louis federal court. The twin filings escalate a broader conflict over whether event-contract platforms count as gambling or financial derivatives, a question with direct stakes for the sector's U.S. expansion. Missouri's action follows its earlier counterclaims in the dispute, and the court's ruling on whether prediction markets fall under federal gambling law will shape how platforms like Novig and Polymarket operate state by state.
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Named in this story
Novig, Polymarket, Missouri, 2006 federal anti-gambling law