IBTimes: The Prediction Market That Doesn’t Take Your Money

By David Thompson, Published 05/06/26

In January, Polymarket processed roughly four million euros in wagers on the Portuguese presidential election in the hours before results were announced. Within forty-eight hours, the country’s gambling regulator ordered the platform to wind down its operations in Portugal. Hungary’s regulator blocked the domain entirely the same week. By the end of the month, Polymarket had been progressively banned, restricted, or threatened with enforcement action across more than a dozen European jurisdictions, including Germany, France, Belgium, the Netherlands, and Switzerland.

Read the whole article here.