FIFA names ADI Predictstreet prediction market partner for World Cup
FIFA named ADI Predictstreet its official prediction market partner for the World Cup, while the company’s licensing status and product launch were under scrutiny. The report says it had obtained a Gibraltar licence but held no other licences; SEBI alleged that Ajay Hans Raj Bhatia profited from trades involving Adani, and he agreed to a settlement and a six-month trading ban in India.
The partnership’s reach may depend on where ADI Predictstreet can legally offer its prediction markets.