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Brazilian authorities seek information on Polymarket election markets

Enforcement & compliance

Brazil’s Attorney General’s Office asked the Finance Ministry for information to assess possible measures concerning Polymarket’s markets on the 2026 presidential election. The ministry said the platform remains blocked in Brazil, while the SPA is monitoring attempts to evade restrictions; the source reports that the platform was blocked in April.

Authorities are assessing enforcement measures against election-related prediction markets while the platform remains blocked in Brazil.

Earlier fines and penalties by SPA and Anatel

DateCompanyAmountStoryAppeal status
Not namedBRL 18,019,000SPA blocks 66,482 illegal betting domains and issues R$18.019m in finesNot stated
Nuoro Pay, Select CreditBRL 5,000,000Bahia prosecutor sues three firms over payments for illegal betting platformsNot stated
PixbetNot statedParaíba justice orders Anatel to block PixBet sites across BrazilNot stated
Brilliant GamingNot statedSPA fines Brilliant Gaming nearly R$1m over registered address issueNot stated
Not namedNot statedBrazil blocks more than 56,000 illegal betting websitesNot 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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