By SectorWire desk ·
ESMA examines event contracts in its new risk report. The authority discusses the increasingly blurred boundaries between financial instruments, prediction markets and gambling, explicitly naming Polymarket and Kalshi.
ESMA’s report highlights blurred boundaries between financial instruments, prediction markets and gambling, explicitly naming Polymarket and Kalshi.
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ESMA’s call for continued monitoring signals regulatory scrutiny for prediction market platforms serving retail traders.
Polymarket and Kalshi’s European expansion accompanies ESMA calls for monitoring insider trading, manipulation and potential retail harm.
ESMA warns European operators face a different regulatory environment from the United States for prediction markets.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.