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Argentine court orders steps to restrict Polymarket availability

Enforcement & compliance

An Argentine judge ruled that Polymarket operates as a gambling site rather than a neutral prediction platform and ordered authorities to limit its availability. The order includes requiring Apple and Google to remove the app from their app stores, following a case brought by, among others, the Buenos Aires City Lottery and the Argentine Chamber of Casinos.

The ruling directs action against Polymarket’s availability in Argentina and sets out the court’s treatment of the platform under gambling rules.

Earlier fines and penalties by KSA

DateCompanyAmountStoryAppeal status
JACKS.NL, JOI GamingEUR 400,000Council of State upholds €400,000 fine against JACKS.NLNot stated
Bingo Loco, MaassiloNot statedKansspelautoriteit warns Maassilo over Bingo Loco event in RotterdamNot stated
Not namedEUR 24,900,000KSA issues €24.9m penalty against offshore iGaming operatorNot stated
Novatech, FortaprimeEUR 24,800,000KSA fines Novatech €24.8m and Fortaprime €1.8m for Dutch gamblingNot stated
NovatechEUR 24,000,000KSA fines Novatech €24m for unlicensed gambling in the NetherlandsNot stated

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Enforcement & compliance

DGOJ opens sanction files against Polymarket and Kalshi over prediction markets

Spain's DGOJ opened sanction proceedings against Polymarket and Kalshi on 26 May and ordered a precautionary block of their websites for allegedly operating without the required authorisation. The regulator treats risking money on uncertain future events as gambling under Spanish law, and Jdigital backed the block.

Spain's DGOJ opened sanction proceedings against Polymarket and Kalshi on 26 May and ordered a precautionary block of their websites, according to a report. The regulator said the platforms were allegedly operating without the necessary administrative authorisation. The DGOJ considers that when users risk money on uncertain future events, the activity is gambling subject to Spanish law.

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