Polymarket, a prediction markets platform, intends to challenge France’s decision to block its website in the country. The French National Gambling Authority had blocked access to the website last week, citing concerns it could expose users to significant gambling losses and that some wagers offered on the platform could be manipulated.
Regulators are increasingly seeking tighter oversight of prediction markets, which allow users to place bets on real-world events. In May, the Spanish government temporarily banned Polymarket and its peer Kalshi from operating in the country, while in June, the top U.S. derivatives regulator released new draft regulations for the prediction markets industry.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
