Regulation
CIRO bans sports and entertainment event contracts as Polymarket draws $500,000
CIRO now explicitly prohibits event contracts tied to sports or entertainment outcomes, narrowing the permitted product set for dealers.
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CIRO now explicitly prohibits event contracts tied to sports or entertainment outcomes, narrowing the permitted product set for dealers.
The guidance prevents platforms supervised by CSA and CIRO from offering sports and entertainment prediction contracts in Canada.
CIRO considers facilitating or approving dealer-member applications to trade sports and entertainment event contracts inappropriate.