SectorWire
SearchGet the daily briefing
Menu

Japanese prediction platforms use points as they navigate gambling rules

Regulation

Japanese prediction-market platforms are using points and third-party rewards rather than cash or cryptocurrency, reportedly to avoid falling within the country’s gambling laws. POYP, IGS’s Signals and NERO YOSO are among the services described; Gumi Group announced in 2025 that it was studying a compliant platform. Bitbank warned customers in June 2026 that using prediction-market platforms could lead to account suspension.

Points and third-party rewards show how Japanese platforms seek to navigate gambling restrictions, while account suspension remains a customer risk.

Request a correction

Keep reading

Regulation

Kalshi records $25.3bn in parlay trading during midterm period

Kalshi recorded more than $1.1 billion in election trading during the 10 days around the US midterms, while parlays generated $25.3 billion over the same period, according to analysis of prediction-market data. Election trading accounted for 3% of platform volume; volume measures contracts exchanged, not revenue retained by the platform.

Kalshi processed more than $1.1 billion on elections during the 10 days surrounding the midterms, only 3% of the platform's volume. Over the same period, Kalshi processed $25.3 billion in parlays and also $6.1 billion in non-parlay sports contracts.

Continue reading