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Jdigital urges Spain to treat unlicensed prediction-market betting as illegal gambling

Regulation

Jdigital told Senator Elena Castillo that betting linked to prediction markets should be treated as illegal gambling when offered outside Spain’s regulated framework. The association called on the DGOJ to monitor the activity and impose effective sanctions on unlicensed operators, and criticised proposed anti-money-laundering requirements and a planned shared deposit-limit system.

The association’s position could shape enforcement and proposed controls affecting operators in Spain.

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