Gibraltar will become the first jurisdiction globally to introduce a regulatory framework dedicated solely to prediction markets.
Gibraltar is set to make history by implementing a regulatory regime specifically for the prediction markets sector. The British Overseas Territory has granted licenses to two prediction platforms, ADI Predictstreet and Wire Markets. While ADI Predictstreet received a betting intermediary license, Wire Markets has been given initial approval. These two platforms are paving the way for the regulation of prediction markets in Gibraltar, marking a significant milestone in the industry.