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Indonesia blocks Polymarket over online gambling classification

Enforcement & compliance

Indonesia’s Ministry of Communication and Digital Affairs blocked access to Polymarket, saying the platform operates as online gambling under the guise of a prediction market. The ministry said it would also target affiliated social media accounts and review similar services.

Indonesia’s block of Polymarket and review of similar services signal scrutiny of prediction-market platforms.

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Enforcement & compliance

Ohio regulator orders Robinhood Derivatives to halt sports-event contracts by 16 October

The Ohio Casino Control Commission has reiterated that Robinhood Derivatives must obey its cease-and-desist order by 16 October. The order concerns sports-event contracts, and Ohio issued similar notices to nine other firms.

The Ohio Casino Control Commission has restated its cease-and-desist order against Robinhood Derivatives concerning sports-event contracts and said the company must comply by 16 October, according to a report. The order was reasserted as state pressure on prediction-market platforms continues.

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