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WagerWire receives approval in principle for Gibraltar prediction markets

Wire Industries Inc, WagerWire's parent company, has received approval in principle from Gibraltar's regulator for its prediction markets subsidiary Wire Markets Ltd. The company said the approval positions it to support future expansion into other jurisdictions, with initial activation targeted for later this year. Gibraltar's Minister for Justice, Trade and Industry Nigel Feetham set out plans in April to license the prediction markets vertical.

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