MADRID, May 26 : Spain's Consumer Rights Ministry temporarily banned so-called prediction markets Polymarket and Kalshi for operating in the country without a gambling licence, the official state gazette showed on Tuesday. • In a statement, the ministry said its gambling watchdog had opened a probe into th

MADRID, May 26 : Spain's Consumer Rights Ministry temporarily banned so-called prediction markets Polymarket and Kalshi for operating in the country without a gambling licence, the official state gazette showed on Tuesday. • In a statement, the ministry said its gambling watchdog had opened a probe into th

Spain’s Consumer Rights Ministry temporarily banned so-called ​prediction markets Polymarket and Kalshi for operating ‌in the country without a gambling ​licence, the official ⁠state gazette showed

In a Senate hearing this week, Utah Sen. John Curtis warned that prediction markets provide loopholes in states such as Utah that ban gambling.

Spain bans Polymarket and Kalshi for operating without gambling licenses. Learn what this regulatory crackdown means for the prediction market industry.

Kalshi funds Americans for Fair Markets lobby group as prediction markets face US House investigation, state legal battles, and casino industry pushback.