Gibraltar grants two prediction market authorisations
Gibraltar has granted two prediction market authorisations, and the government says further applications are in progress. Justice, Trade and Industry Minister Nigel Feetham opened the Prediction Markets Summit Europe on 10 November and warned operators that Gibraltar authorisation does not permit them to offer products in every other country. Gibraltar’s regulations took effect on 13 July and require a separate authorisation for the activity.
Operators need separate authorisation in Gibraltar and cannot assume it permits access to other markets.