GGL joins European regulators' statement on prediction market risks
Regulation · SectorWire deskSource published
Source: GGL (Germany) ·
Summary
Germany's GGL has backed a joint statement by gambling regulators from nine European countries on regulatory challenges posed by new gambling products, with a focus on prediction markets. The authorities said such offers face no or unclear gambling regulation in many countries, creating risks for consumers. The GGL said cross-border cooperation is needed to tackle illegal offers and protect sports integrity.
Why it matters
Operators and suppliers face growing scrutiny of event-contract products as nine regulators align on consumer-protection concerns.
Cite as: SectorWire, “GGL joins European regulators' statement on prediction market risks”, 19 June 2026, https://sectorwire.news/item/ggl-joins-european-regulators-statement-on-prediction-market-risks/