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Nevis authority launches prediction market licence for operators and providers

Licences & markets

The Nevis Online Gaming Authority launched a prediction market licence for B2C operators and B2B technology and service providers. The licence covers binary and multi-outcome contracts on events including sports, financial indicators, politics and weather; NOGA said its framework includes corporate due diligence, customer safety and anti-money-laundering standards.

The licence creates a route for prediction-market operators and suppliers to seek authorisation in Nevis.

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