11 SepRegulation
ESMA examines prediction markets in September financial risk monitor
ESMA warns European operators face a different regulatory environment from the United States for prediction markets.
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Report published ESMA examines prediction markets in September financial risk monitor
ESMA examines prediction markets in its September risk monitor. Sports contracts accounted for 73% of Kalshi trading activity in the data reviewed, while ESMA warned that European operators and consumers face a different regulatory environment from the United States.
Also in this report: Kalshi · Polymarket · PredictIt · Robinhood
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September 2026
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