Will prediction market ‘catch fire’ in UK, replicating US boom?
UK prediction markets like Polymarket are attracting British gamblers despite regulatory barriers, exploiting loopholes similar to those used in the United States. The platforms, which rebranded sports betting as financial trading, sidestepped US state restrictions after 2018. UK regulators have stated prediction markets require gambling licenses, yet consumers easily access them, raising concerns about inadequate oversight of cross-border betting platforms.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 26 Jul 2026, 13:00 UTC · Updated 26 Jul 2026, 13:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- Swans turn Giants into punching bag in Sydney Derby demolition
- Suns pair involved in heated on-field exchange as Leo Lombard appears to
- The two factors that cut $450 from your household’s monthly budget
- Small businesses deploy AI to boost productivity while maintaining workforce growth
- UK consumer confidence surges fastest in nearly three years after Starmer appointment
- Australia's 2026 Census requires all residents to participate August 11