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European Lotteries calls for country-by-country prediction-market regulation

Regulation

European Lotteries has called for prediction markets to be assessed according to their product features and risks, rather than their labels or underlying technology, the organisation said. Secretary-general Piet Van Baeveghem said comparable risks should receive comparable safeguards; the group favours national-level analysis before a European strategy is developed.

The proposed approach could shape how gambling rules and safeguards apply to prediction-market products across European jurisdictions.

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Regulation

WLA calls for shared rules on illegal betting and prediction markets

The World Lottery Association called for closer international cooperation and common safeguards against illegal gambling and unauthorised prediction markets at a seminar in Lausanne held from 24 to 26 June 2026. The WLA said prediction platforms based on sports or lottery outcomes require local licences, while European Lotteries backed national regulation and cross-border enforcement cooperation.

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